SYSTEM AND NORMATIVE ADAPTATION OF THE FINANCIAL SYSTEM IN POLAND TO THE EUROPEAN UNION STANDARDS - THE NEXT STAGE
Journal Title: Globalization, the State and the Individual - Year 2016, Vol 4, Issue 12
Abstract
Adjustment of Polish financial system to the EU standards is being continued. It is determined by globalization as well as by improving the safety of financial system and introducing euro, if any. It became morę intensive sińce May, 2004, i.e. the accession of Poland to European Union. At the same time global macroeconomic processes influence Polish economy due to market integration processes in Europe. This is why Poland has visibly intensified the policy of open economy also in case of the crossborder Capital flows. On the background of these processes for more than 20 years Polish economic Systems and the regulations of functioning particular branches, sectors and institutions are gradually adjusted to the EU reąuirements. Polish financial system belongs to particularly important sectors and this is why it is being adjusted to the very reąuirements with special intensity. Its continuation may lead in futurę to the introduction of euro in Poland.
Authors and Affiliations
Dariusz Prokopowicz, Sylwia Gwoździewicz
Keywords
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