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Title:

The impact of state treasury gurantees on the economic development of the state and the security of the public finance sector

Creator:

Bożek, Wojciech

ORCID:

0000-0002-3939-3759

Subject and Keywords:

guarantee ; State Treasury ; state public debt ; investment projects

Abstract:

The paper discusses issues related to guarantees granted by the State Treasury, in particular those guarantees that protect obligations resulting from the use of a credit or the use of funds from the issue of bonds for financing investment projects. The aim of the study is to show the impact of the above guarantees for the economic development of the state and the security of the public finance sector. In the final conclusions, the author states that the State Treasury guarantees actually contribute to the economic development of the state, encouraging investors to take actions conducive to the growth of gross domestic product. However, constant monitoring of potential public debt is needed, as in the conditions of an economic slowdown, it may turn out that these obligations will become in some part real, which will negatively affect the stability of the public finance sector. The subject of the research are not only the current texts of legal acts regulating the title issues, but also the achievements of the subject literature and data published in the information on sureties and guarantees granted in the years 2008–2017 by the State Treasury. The study adopted the legal status in force on October 10, 2018

Place of publishing:

Wrocław

Publisher:

Uniwersytet Wrocławski. Wydział Prawa, Administracji i Ekonomi

Contributor:

Miemiec, Wiesława. Red. ; Uniwersytet Wrocławski. Katedra Prawa Finansowego

Date issued:

2019

Identifier:

ISSN 2544-8382

DOI:

10.34616/kpf.2019.2.98.116

Language:

pol ; eng

Relation:

Kwartalnik Prawno-Finansowy, ISSN 2544-8382 ; nr 2/2019, s. 98-116

Is part of:

Kwatalnik Prawno-Finansowy

Is referenced by:

https://kpf.wpae.uni.wroc.pl/

Rights holder:

© Copyright by Uniwersytet Wrocławski