Sources of nancing tangible and financial assets of institutional sectors in the Polish economy in 1995-2012

Information
Title: Sources of nancing tangible and financial assets of institutional sectors in the Polish economy in 1995-2012
Issue: Vol. 7, No 1, 2014
Published date: 20-05-2014 (print) / 20-05-2014 (online)
Journal: Journal of International Studies
ISSN: 2071-8330, eISSN: 2306-3483
Authors: Joanna Trębska
Keywords: national accounts, saving, investment, flow of funds
DOI: 10.14254/2071-8330.2014/7-1/6
DOAJ: https://doaj.org/article/ab49c44399cc4e8a95f6925bcf0543d6
Language: English
Pages: 70-83 (14)
JEL classification: E22
Website: https://www.jois.eu/?153,en_sources-of-nancing-tangible-and-fi%02nancial-assets-of-institutional-sectors-in-the-polish-economy-in-1995-2012
File https://www.jois.eu/files/6.pdf
Abstract

In the context of the last  nancial crisis, statistics from the  nancial account as a part of accumulation accounts in SNA become increasingly important for monitoring interconnected  nancial and real side of the economy. Basic relations in the economy surrounding investment processes, economic growth, structure of the  nal demand and the position of the  nancial system, are used to indicate major structural changes relating to the accumulation in the Polish economy in the time period 1995-2012 and to the sources of funding assets. Empirical analysis is based on Klein’s flow of funds model (Klein, 2003) using Eurostat database for non- nancial and  nancial annual sector accounts. Special attention is paid to the changes in capital formation and acquisition of  nancial assets associated with the development of entrepreneurship in Poland in the nineties of the twentieth century as well those connected with the worldwide  nancial crisis.