Polityka stabilizowania koniunktury w warunkach Paktu Stabilności i Wzrostu

Abstract

The objective of the paper is to assess solutions adopted by the Stability and Growth Pact considering their impact on possibilities of pursuing business situation stabilizing policy. The analysis was incorporated into a broader context of reflecting on criteria of the optimal currency zone. Next theoretical basis for regulations adopted in SGP have been presented, followed by primary arguments of the Pact opponents and proponents. The analysis conducted proves that SGP might be difficult to consider a fortunate solution, which does not mean disregarding arguments for its adoption. Yet, the arguments could not always translate into proper regulations that are not practically exercised. (original abstract)