Marta Postuła

Marta Postuła
University of Warsaw | UW · Faculty Of Managment

Professor

About

59
Publications
6,704
Reads
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87
Citations
Introduction
Marta Postuła currently works at the Faculty Of Managment, University of Warsaw. Their current project is 'The effects of the economic and social transformation of of Central and Eastern Europe countries (1995-2016)'. More informations: www.postula.eu

Publications

Publications (59)
Article
Full-text available
In the period between 2004 and 2016, only 11 out of 28 European Union member states complied with the public debt criterion set out in the Stability and Growth Pact. These data clearly indicate that the public debt criterion does not fulfil its intended role and its revision should be considered, though it cannot be done hastily, and consequences o...
Article
Full-text available
Purpose: The article analyzes the possible methods of public debt management, which not only aim to meet regulatory requirements but also obtain a market premium in the form of an optimal level of the yield on government bond yields that will be profitable for the issuer. The study analyzes the situation in the public finance sector in the countrie...
Conference Paper
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The article presents public governance instruments used to fulfi ll respective functions of the state. At the same time, attention is drawn to the fact that what matters is not only the instruments but also governance methods in which the same are used, which is why an attempt is made in the article to make reference mainly to the issues related to...
Article
Full-text available
Rail transport is paramount for the functioning of a sustainable and efficient transport system. EU policy identifying significant role of rail translates into a strong financial support allocated to the transport sector both in the form of services funding and of infrastructure investments. In the study conducted, the impact of public support for...
Book
The book shows how to build effective institutions and coordinate supranational policy to ensure the EU integration will best satisfy social needs. It offers a combination of a technocratic and humanist perspective on the discussion of public financial management. The systemic disequilibrium, as once argued by John Kenneth Galbraith, created a worl...
Book
Monografia składa się z czterech rozdziałów, w których w układzie teoretycznym i praktycznym zaprezentowano instrumenty zarządzania finansami publicznymi. W rozdziale pierwszym przedstawiono reguły fiskalne, w drugim – niezależne instytucje fiskalne, w trzecim – planowanie średniookresowe, a w czwartym – odniesienie do skuteczności ich stosowania....
Preprint
Full-text available
Climate change is a challenge nowadays. Governments all over the world are debating how to mitigate environmental risk and how to address climate policies to achieve sustainable development goals (SDGs). This study aims to understand the interactions between climate policy development and different SDGs. The study analyses data from 2008 and 2018 f...
Chapter
Energy transition is one of the most urgent challenges that the entrepreneurs face today, and at the same time, it is part of a much wider process of business’ adaptation to climate changes. Effectively guided, it creates numerous opportunities for the redefinition of sources and methods of energy consumption in a company, leading to cost reduction...
Article
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Rosnąca w ostatnich dziesięcioleciach rola państwa, spowodowana kryzysem w latach 2007−2008 oraz pandemią COVID-19, wymaga wypracowania skutecznych metod zaangażowania służących rozwojowi społeczno-gospodarczemu. Istotną rolę w tym procesie odgrywają właściwie dobrane instrumenty zarządzania publicznego, za pośrednictwem których następuje realizacj...
Article
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The accelerated development of information and communication technologies (ICT) over the last three decades has encouraged researchers to analyse the impact of this phenomenon on the labour market. The potential decline in employment resulting from the proliferation of ICT may reduce access to basic energy services and even lead to energy poverty i...
Article
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Property belongs to fundamental categories that have long been analyzed from different perspectives by representatives of many fields and disciplines. The research issues presented in the article focuses on the analysis of the impact of changes in the ownership structure of the sector banking and insurance for the economic and social development of...
Article
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The aim of the paper is to examine the collective effect of fiscal governance instruments (i.e., fiscal rules, medium-term budgetary frameworks, independent fiscal institutions) on the fiscal outcomes of EU member states. The results of panel data model estimation for 28 EU countries for the period 2004-2016 confirm a statistically significant and...
Article
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Uzasadnienie teoretyczne: Światowy kryzys gospodarczy zapoczątkowany w latach 2007–2008 w wielu krajach przerodził się w fazy kryzysu na rynkach finansowych oraz kryzysu ekonomicznego i w finansach publicznych. Z jego skutkami niektórzy mierzą się do dziś. Do narzędzi, które mogłyby w przyszłości pomóc przewidzieć zjawisko nadchodzącego kryzysu i z...
Book
Prowadzenie działalności gospodarczej w dzisiejszych czasach to zarówno sztuka jak i wyzwanie. Celem tej publikacji jest przybliżenie studentom oraz obecnym i przyszłym osobom zajmującym się problematyką finansów pomiotów gospodarczych zagadnienia z tego obszaru zarówno w aspekcie teoretycznym, jak i praktycznym. Polecamy ją również osobom prowad...
Article
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Highlights • Public spending on environment offers results only in a longer time perspective. • Taxes bring little incentives to reduce environmental pollution. • The effectiveness of invested public money depends on the level of implementation. • EU citizens support the intergovernmental character of environment-friendly solutions.
Article
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Purpose: Capital flows, tax competition, multinational companies and tax havens weakens govern ments' ability to lead independent tax policy. This race to the bottom, especially in the case of CIT rate, seems to work. Aim of the text is to show that the governments are not as powerless as it is often claimed. Despite common opinion, nationstates re...
Article
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This paper investigates the relationship between fiscal instruments (such as numerical fiscal rules, independent fiscal institutions and medium-term budgetary frameworks) and fiscal performance of EU countries. An empirical analysis using panel data estimation method reveals a statistically significant and positive impact of the use of fiscal instr...
Article
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The social and economic policy pursued by national and European authorities is supported by the redistribution of public funds. Choices made by European member states regarding the relevant scale of redistribution should promote the individual nation's sustainable development and competitiveness. Increased capital and workforce flows strengthen so-...
Chapter
Full-text available
Pomiar efektywności i wydajności w sektorze publicznym dotyczy problemowego obszaru ze względu na charakter działalności administracji publicznej. W ramach podniesienia efektywności wydatkowania środków publicznych w polskiej administracji publicznej, podobnie jak i w innych krajach UE, wprowadzono nowoczesne instrumenty zarządzania w administracji...
Article
This article focuses on the effects of corrections to the budgetary policy in eurozone economies. The goal is to check whether advancement in implementing modern tools of public management is helpful in the time of fiscal adjustment. The authors assume that the most important role of a performance approach in conducting fiscal policy is the ability...
Article
Full-text available
The economic crisis revealed the imperfections of the solutions aimed at maintaining fiscal discipline among Member States. Therefore, measures are taken at the EU level to strengthen the institutional aspects of a budgetary process that is based on reliable forecasts. What has proven to be of special importance in this context is the creation of f...
Article
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The research question presented in this analysis focuses on national fiscal rules applicable in the Visegrad Group (also called V4) expressed in the European standardised fiscal rules index and on their impact on the socioeconomic policy. The use of fiscal rules as an instrument of fiscal sustainability is manifested by imposing requirements as reg...
Article
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In the present paper, using the panel regression model with fixed effects, it was verified whether there is a relationship between intangible assets and R&D expenses on one side and the EBITDA level and market capitalization of 222 publicly listed companies from the Information and Communication Technology sector. Our research confirmed that in the...
Article
Full-text available
This article focuses on the effects of corrections to the budgetary policy in eurozone economies. The goal of the text is to check if advancement in implementing modern tools of public management is helpful in the time of fiscal adjustment. We assume that the most important role of a performance approach in conducting fiscal policy is the ability o...
Article
National and local government's public debt is of special interest to economic sciences. With interest rates in the EU countries now at historically low levels, there is risk of a trend change causing development expenditure to be crowded out from budgets in favour of debt servicing costs. The analysis (stress test) of the sensitivity of debt servi...
Article
Full-text available
The article presents the results of research indicating to what extent the convergence programmes submitted to the European Commission prove country’s willingness to improve the fiscal policy in a desired way and to what extent they constitute a mere fulfilment of a formal duty without any actual intent to achieve the indicated macroeconomic parame...
Article
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Celem opracowania jest ocena postępu we wdrażaniu rozwiązań instytucjonalnych (instrumentów fiskalnych) wzmacniających ramy budżetowe i koordynację fiskalną w krajach Unii Europejskiej (UE). Służy temu stworzenie syntetycznego indeksu siły instrumentów fiskalnych w oparciu wymogi nałożone na kraje UE w zakresie reguł fiskalnych, średnioterminowych...
Article
Full-text available
Goal-The aim of the paper is to assess to what degree the advancement in the implementation of instruments from the area of the so-called performance budgeting contributes to the rational management of public expenditure structure. Research methodology-Qualitative research based on descriptive analysis using extensive subject literature (chiefly fo...
Article
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Aside from the United Kingdom, which is withdrawing from the European Union, only Denmark has the option of staying outside the single European currency area. All other member states which have not adopted the euro as their currency have the right and obligation to do so under the Treaty of Accession. The condition to join the eurozone is to meet a...
Article
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Worsening performance of public finance reported by a number of countries as a result of the global financial crisis enhanced interest in advanced and innovative methods of fiscal consolidation and stabilisation. Spending reviews are amongst the most comprehensive and advanced methods of this type. In the post-2008 age, spending reviews have been c...
Article
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To join the Eurozone (EZ), a candidate country has to fulfil five nominal Maastricht convergence criteria and ensure compliance of national legislation with the acquis communautaire. With this regard special difficulties pose the fiscal criterion relating to the maximum allowed budget deficit of 3 per cent of GDP. If it is not met, the European Com...
Article
The use of fiscal rules as an instrument of fiscal sustainability is manifested, most of all, by imposing the requirements as regards borrowing and the costs of public debt service, and most research is conducted in this context. In this article, the Authors ask a different question altogether: does the right selection of calibration factors for fi...
Article
Full-text available
Aside from the United Kingdom, which is withdrawing from the European Union, only Denmark has the option of staying outside the single European currency area. All other member states which have not adopted euro as their currency have the right and obligations to do so under the Treaty of Accession. The condition to join the Eurozone is to meet all...
Article
Full-text available
The international environment, through the global market, and in this context financial flows due to their scale, has an ever stronger and increasingly significant impact on the Polish economy. On the one hand, this involves European funds and other financial instruments as well as foreign direct investment or cash flow. This article is an attempt...
Article
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Kod JEL: G01; D10; H20 Wstęp Ostatni kryzys (2007-2008) ukazał słabość funkcjonujących teorii ekono-micznych, w tym instrumentów finansowych. Jest to stosunkowo nieoryginalne stwierdzenie, ponieważ analiza historii nowoczesnej ekonomii wskazuje na szereg nieprzezwyciężonych kryzysów, które miały miejsce w kilku ostatnich wiekach. Jednym z pierwszyc...
Chapter
The catalogue of financial risks identified by researchers and defined in relation to the business sector indicates that, at the micro level, almost all of them may also relate to particular entities in the public finances sector. However, there are fairly significant differences when it comes to objectives set for public entities, which frequently...
Article
Full-text available
Purpose: Respective European Union member states’ interest in using spending reviews varies as there are no international mandatory regulations. The EU legislation contains general indications as to maintaining a rational fscal policy, from the provisions of the TFUE, expanded in the Pact for Stability and Growth, and elaborated in 2011. Methodolo...
Article
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he current economic policy implemented in different countries takes account of the changing external and internal circumstances. The recent crisis (2007–2008) revealed the weakness of the established economic theories, also as regards fiscal policy. Consequently, a great number of countries all over the world saw problems with the growing public fi...
Article
Full-text available
Long-term planning is recognized by modern science as an indispensable tool for the modern management of broadly understood finances, both private and public. It has been present for years in the financial management of many countries throughout the world. Therefore, it is reasonable to strive to adopt a similar system in relation to public finance...
Article
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Purpose: The paper discusses the validity of the thesis according to which Polish budgetary framework in place in 2011 required only minor adjustments in order to be consistent with the principles set forth in the EU Council Directive on requirements for budgetary frameworks of Member States adopted in November 2011. Basic elements of the budgetary...
Article
A spending review is one of the main instruments of public policy evaluation. A broader term evaluation of public policies is defined as the analysis of the results of public interventions on the state of the economy and on society. The paper seeks to verify the thesis that expenditure maintenance requires an individualized approach taking into acc...
Article
The need for sustaining of public finance stability is indicated as a key element of proper and effective, sound fiscal policy. Both revenues and expenditures are very strictly regulated by the public finance law provisions. Discussion conducted by experts concerning activities for consolidation in area of public finance very often focused on the s...
Article
Cel: Celem artykułu jest potwierdzenie tezy, że skala wydatkowania środków publicznych nie wpływa na sprawność działania państwa, która w większej skali jest uzależniona od efektywności ich wydatkowania.Metodologia: Autorka opiera się na przeglądzie literatury, przeprowadzonym na podstawie baz artykułów naukowych, oraz na analizie konkretnych rozwi...
Article
Full-text available
Starting from 2008 worsening crisis events had grave repercussions for the state of public finances in the Euro-zone and the EU. Within a short time, debt to GDP ratios for the sector of government and local institutions rapidly soared across almost all EU member states, therefore shattering modest progress in consolidating public finances achieved...
Article
Full-text available
In this article the authoress discusses the Polish experience in the implementation of modern tool of public funds management – performance budget – which facilitates and improves the political decision-making process regarding reallocation of expenditure in the scope of broad category of public expenditure and methods of organizing the process. Sp...

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Projects

Projects (2)
Project
he aim of the conducted research is to analyze the feats of the political system transformation expressed in the separated areas: economics, social, financial, and entrepreneurship