Abstract

The article is devoted to the evolution of ownership policy of the Polish state in the course of the post-communist transition. The author argues that this policy is characterized by growing fiscalization i.e., treating public property mainly from a short-term fiscal perspective: as a source of finance for the current government’s policies. It manifests itself in resignation from privatization as a strategic tool of economic transition and from state owner’s policy as a tool for overcoming imperfections of market mechanisms. The observed trends pose serious threat both at macro and micro levels, e.g. to the coherence and efficacy of the economic policy of the state and to competitiveness and development prospects of the state-controlled companies. This policy evolution has a long-term character and is to a large extent independent from official rhetoric of subsequent governments and ruling coalitions.

Highlights

  • Ownership policy is one of the basic functions of the state in all market economies

  • In post-communist transition economies, ownership policy of the state meets additional challenges related to the gigantic state-controlled sector inherited from the command economy of the previous system and the necessity to organize deep change in the ownership structure towards predominance of independent private business entities

  • Ownership transition is not a standalone process and it has to be synergetic with other systemic reforms enhancing the capacities of the government to meet the challenges and goals of post-communist transition

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Summary

PIOTR KOZARZEWSKI

Fiskalizacja polityki własnościowej państwa polskiego w toku transformacji postkomunistycznej. M Keywords: ownership policy; privatization; fiscalism; post-communist transition; Poland. Słowa kluczowe: polityka własnościowa; prywatyzacja; fiskalizm; transformacja postkomunistyczna;

Introduction
Revenues planned Revenues received
Privatization revenues
Findings
Revenues received Dividends
Full Text
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