| 21. |
Turystyka i Rozwój Regionalny, 2020 |
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Balanovska T., Gogulya O., Kucher O. The role of activation of entrepreneurship activitiesin the development of rural areas in Ukraine
| Autor | Tetiana Balanovska, Olga Gogulya, Oleg Kucher |
| Tytuł | The role of activation of entrepreneurship activitiesin the development of rural areas in Ukraine |
| Title | |
| Słowa kluczowe | entrepreneurship, rural areas, revitalization, diversification, diversification strategy,types of employment, self-employment, agricultural sector |
| Key words | |
| Abstrakt | The article substantiates the role of entrepreneurship in the revival of rural areas ofUkraine. The main problems and obstacles for the development of modern agricultural businessare presented. The attention is paid to the high share of households in the total productionof agricultural products, as well as the crisis situation regarding the employment situationof the rural population. Possibilities of employment for the inhabitants of rural territories byactivating the initiative of unemployed citizens to organize their own business activity are considered.The peculiarities and motives of the implementation of the diversification strategy foreconomic entities, including agricultural producers, are revealed. The existing and perspectivedirections of diversification in some regions in Ukraine are analyzed. The main directions offormation of organizational and economic mechanism of diversification of entrepreneurial activityat the expense of activation of new forms of employment of population are summarized,which will contribute to the complex socio-economic and ecological development of rural territoriesin Ukraine. |
| Abstract | |
| Cytowanie | Balanovska T., Gogulya O., Kucher O. |
| HTML | wersja html |
| Pełny tekst | TIRR_2020_n14_s7.pdf |
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| 22. |
Zeszyty Naukowe SGGW, Polityki Europejskie, Finanse i Marketing, 2020 |
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Szydłowski C. AUDIT OF INCOME FROM LOCAL FEES IN SELECTED COMMUNES OF THE POMERANIAN PROVINCE IN POLAND
| Autor | Cezary Szydłowski |
| Tytuł | AUDIT OF INCOME FROM LOCAL FEES IN SELECTED COMMUNES OF THE POMERANIAN PROVINCE IN POLAND |
| Title | Audyt dochodów z tytułu opłaty miejscowej w wybranych gminach województwa pomorskiego w Polsce |
| Słowa kluczowe | audit, budget revenues, local tax, climate fee, public sector, local government. |
| Key words | audyt, dochody budżetowe, opłata miejscowa, opłata klimatyczna, sektor publiczny, samorząd terytorialny. |
| Abstrakt | The article presents the importance of auditing the assessment of a commune's budget revenues for tourist fees (local fee or spa fee) as a tool enabling its increase by the commune authorized to impose it. The purpose of this article is to present on the basis of selected coastal municipalities of the Pomeranian Voivodeship in Poland, the role and significance of the audit of the assessment of income to the municipal budget in terms of local and spa fees. The article uses case study, analytical method, inference method and document examination method as the research methodology. The source materials for the analysis were documents made available on the pages of the Public Information Bulletin by the assessed local government units from the Pomeranian Voivodeship (reports on the implementation of the budget and Rb-27s reports containing information on revenue for the year). The local and spa fees constitute a small share in the total income of the budgets of the surveyed municipalities. The key factor improving the revenues of municipalities from local and spa fees is the improvement of their collection system. The risk of inefficient collection of fees by those who collect them from tourists is a threat to effective collection of the fees. Therefore, individual communes should improve the supervision system and control of toll collection by hotel service providers. |
| Abstract | Artykuł przedstawia znaczenie audytu oceny dochodów do budżetu gminy z tytułu opłat turystycznych (opłaty miejscowej lub opłaty uzdrowiskowej) jako narzędzia umożliwiającego zwiększanie jego poboru przez gminę uprawnioną do jej nakładania. Głównym celem artykułu było ustalenie jaki poziom dochodów budżetowych nadmorskich gmin województwa pomorskiego w Polsce stanowią wpływy z opłaty miejscowej i uzdrowiskowej. W artykule jako metodę badawczą wykorzystano studium przypadku, metodę analityczną, metodę wnioskowania oraz metodę badania dokumentów. Ocenie poddano wybrane nadmorskie samorządy miejskie oraz wiejskie województwa pomorskiego w Polsce. Materiał źródłowy do analizy stanowiły sprawozdania z realizacji budżetu oraz sprawozdania Rb-27s zawierające informacje o dochodach za dany rok. Przeprowadzone badania uwidoczniły, że dochody z opłaty miejscowej i uzdrowiskowej stanowią niewielki udział w budżecie poszczególnych gmin. Kluczowym czynnikiem wpływającym na poprawę dochodów gmin z tytułu opłat miejscowych i uzdrowiskowych jest usprawnienie systemu ich poboru. |
| Cytowanie | Szydłowski C. (2020) AUDIT OF INCOME FROM LOCAL FEES IN SELECTED COMMUNES OF THE POMERANIAN PROVINCE IN POLAND.Zeszyty Naukowe SGGW, Polityki Europejskie, Finanse i Marketing [t.], nr 23(72): 208-221 |
| HTML | wersja html |
| Pełny tekst | PEFIM_2020_n72_s208.pdf |
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| 23. |
Zeszyty Naukowe SGGW, Polityki Europejskie, Finanse i Marketing, 2020 |
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Stańczak-Strumiłło K. Instytucjonalne wykluczenie emerytalne w wąskim ujęciu jako rodzaj wykluczenia finansowego w Polsce
| Autor | Kamila Stańczak-Strumiłło |
| Tytuł | Instytucjonalne wykluczenie emerytalne w wąskim ujęciu jako rodzaj wykluczenia finansowego w Polsce |
| Title | INSTITUTIONAL PENSION EXCLUSION AS A NARROW APPROACH TO A TYPE OF FINANCIAL EXCLUSION IN POLAND |
| Słowa kluczowe | wykluczenie finansowe, wykluczenie emerytalne, dobrowolne programy emerytalne. |
| Key words | financial exclusion, pension exclusion, voluntary pension plans. |
| Abstrakt | Problematyka wykluczenia finansowego stanowi istotny obszar badań we współczesnej nauce finansów głownie ze względu na poważne skutki jakie zjawisko to implikuje zarówno w makro (dla gospodarki, sektora finansowego), jak i mikro skali (dla konsumentów usług finansowych). Obserwując zmiany w demografii (wydłużanie się życia, starzenie społeczeństw) oraz spadek prognozowanych stóp zastąpienia w bazowych systemach emerytalnych szczególnego znaczenia nabiera kategoria wykluczenia emerytalnego, polegająca na ograniczonym dostępie jednostek do produktów emerytalnych. Celem artykułu jest określenie istoty i miary wykluczenia emerytalnego oraz próba kwantyfikacji tego zjawiska w Polsce w latach 2006-2017. O oryginalności opracowania stanowi autorska definicja instytucjonalnego wykluczenia emerytalnego w szerokim i wąskim ujęciu, a także podjęta próba pomiaru instytucjonalnego wykluczenia emerytalnego w wąskim ujęciu obejmująca analizę zmian liczby uczestników dobrowolnych programów emerytalnych, wskaźników penetracji poszczególnych programów emerytalnych, oraz odsetka osób aktywnych ekonomicznie, nie korzystających z produktów emerytalnych. |
| Abstract | The issue of financial exclusion is an important area of research in modern finance science, mainly due to the serious effects that this phenomenon implies in both the macro (for the economy and the financial sector) and micro scale (for consumers of financial services). Observing changes in demography (increasing life expectancy, aging of societies) and a drop in forecasted replacement rates in basic pension systems, the category of pension exclusion, which involves limited access of individuals to pension products, is of particular importance. The purpose of this paper is to determine the nature and measure of pension exclusion and attempt to quantify this phenomenon in Poland in the years 2006-2017. The originality of the study is the author’s definition of institutional pension exclusion in both a broad and narrow perspective, as well as the attempt to measure institutional retirement exclusion in specific avenues, including: the analysis of changes in the number of voluntary pension scheme participants, penetration rates for individual pension programs and the percentage of economically active people not using pension products. |
| Cytowanie | Stańczak-Strumiłło K. (2020) Instytucjonalne wykluczenie emerytalne w wąskim ujęciu jako rodzaj wykluczenia finansowego w Polsce.Zeszyty Naukowe SGGW, Polityki Europejskie, Finanse i Marketing [t.], nr 23(72): 168-179 |
| HTML | wersja html |
| Pełny tekst | PEFIM_2020_n72_s168.pdf |
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| 24. |
Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, 2020 |
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Bajan B., Mrówczyńska-Kamińska A. Supply of Materials to the Agribusiness Sector of European Union Countries
| Autor | Bartłomiej Bajan, Aldona Mrówczyńska-Kamińska |
| Tytuł | Supply of Materials to the Agribusiness Sector of European Union Countries |
| Title | Supply of Materials to the Agribusiness Sector of European Union Countries |
| Słowa kluczowe | material supply, agribusiness, food industry, agriculture, European Union |
| Key words | material supply, agribusiness, food industry, agriculture, European Union |
| Abstrakt | The purpose of this paper was to assess the prevailing relationships in the supply structure of the agribusiness sector in European Union countries over the years. The study focused on 25 European Union countries (Cyprus, Luxembourg and Malta were excluded) to address the changes in the supply structures of agriculture and food industries, the two major components of agribusiness. The study was of a dynamic nature. Although the study period was 2000–2014, this paper only presents the figures for the first and the last year, i.e. 2000 and 2014. The main focus was on drawing conclusions on the trends observed which proved to be relatively stable in the years covered. The input–output analysis was used by aggregating the sectors of the economy for a better transparency of the inference process. As shown by this study, EU countries at higher development levels witness a decline in the share of the chemical industry in the mix of goods and services supplied to agriculture. Conversely, less developed countries saw that ratio increase. Also, the share of goods supplied to agriculture from the fuel and energy sectors goes up in most EU countries. As regards the food industry, this study observed high shares of agriculture, services and self-supply in the supply structure of EU countries. This analysis extends the existing knowledge on the relationships in the structure of materials supplied to the agribusiness because in addition to agriculture itself (which was addressed by similar studies found in literature) it takes account of the food industry. Moreover, based on long-term observations, it endeavors to capture the prevailing relationships in several countries at a time. |
| Abstract | The purpose of this paper was to assess the prevailing relationships in the supply structure of the agribusiness sector in European Union countries over the years. The study focused on 25 European Union countries (Cyprus, Luxembourg and Malta were excluded) to address the changes in the supply structures of agriculture and food industries, the two major components of agribusiness. The study was of a dynamic nature. Although the study period was 2000–2014, this paper only presents the figures for the first and the last year, i.e. 2000 and 2014. The main focus was on drawing conclusions on the trends observed which proved to be relatively stable in the years covered. The input–output analysis was used by aggregating the sectors of the economy for a better transparency of the inference process. As shown by this study, EU countries at higher development levels witness a decline in the share of the chemical industry in the mix of goods and services supplied to agriculture. Conversely, less developed countries saw that ratio increase. Also, the share of goods supplied to agriculture from the fuel and energy sectors goes up in most EU countries. As regards the food industry, this study observed high shares of agriculture, services and self-supply in the supply structure of EU countries. This analysis extends the existing knowledge on the relationships in the structure of materials supplied to the agribusiness because in addition to agriculture itself (which was addressed by similar studies found in literature) it takes account of the food industry. Moreover, based on long-term observations, it endeavors to capture the prevailing relationships in several countries at a time. |
| Cytowanie | Bajan B., Mrówczyńska-Kamińska A. (2020) Supply of Materials to the Agribusiness Sector of European Union Countries.Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, t. 20(35), z. 1: 15-24 |
| HTML | wersja html |
| Pełny tekst | PRS_2020_T20(35)_n1_s15.pdf |
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| 25. |
Zeszyty Naukowe SGGW, Polityki Europejskie, Finanse i Marketing, 2019 |
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Kozak S., Wierzbowska A. BANK EFFICIENCY AND CONCENTRATION OF THE BANKING SECTOR IN THE CEE COUNTRIES
| Autor | Sylwester Kozak, Agata Wierzbowska |
| Tytuł | BANK EFFICIENCY AND CONCENTRATION OF THE BANKING SECTOR IN THE CEE COUNTRIES |
| Title | Efektywność banków a koncentracja sektora bankowego w krajach EŚW |
| Słowa kluczowe | CEE countries, bank, efficiency, market concentration. |
| Key words | kraje EŚW, bank, efektywność, koncentracja rynku. |
| Abstrakt | The relationship between the structure of the banking market and efficiency of banks has been a subject of many studies for several decades. There is no uniform opinion on the correlation between these variables. The goal of the research is to investigate this relationship for 96 banks operating in eleven CEE countries in the years of 2005-2017. Bank efficiency scores are assessed with the SFA method and regressed with bank and macroeconomic characteristics. The results show that the efficiency of banks is positively affected by the concentration of the market on which they operate, as well as by the size of individual banks. This relationship is valid for all examined countries. Additionally, bank efficiency is positively impacted by improving the banking system. On the other hand, the GDP per capita, inflation rate and bank capital ratio are not conducive to bank efficiency. |
| Abstract | Zależność między strukturą rynku bankowego a efektywnością banków jest przedmiotem wielu badań od kilku dziesięcioleci. Większość z nich wskazuje na dodatnią korelację między tymi zmiennymi. Celem badania jest zbadanie tej relacji dla 96 banków działających w jedenastu krajach Europy Środkowo-Wschodniej w latach 2005-2017. Efektywność banków jest wyznaczana przy pomocy metody SFA a następnie poddana regresji względem czynników makroekonomicznych i indywidualnych dla banków. Wyniki badania wskazują, że na efektywność banków pozytywnie wpływa koncentracja rynku, a także wielkość ich aktywów. Zależność ta jest obecna we wszystkich badanych krajach. Dodatkowo stwierdzono, że na efektywność banków pozytywnie wpływa rozwój systemu bankowego. Natomiast przeciwnie, PKB pc, stopa inflacji i współczynnik kapitałowy banku nie sprzyjają wydajności banków. |
| Cytowanie | Kozak S., Wierzbowska A. (2019) BANK EFFICIENCY AND CONCENTRATION OF THE BANKING SECTOR IN THE CEE COUNTRIES.Zeszyty Naukowe SGGW, Polityki Europejskie, Finanse i Marketing [t.], nr 22(71): 77-89 |
| HTML | wersja html |
| Pełny tekst | PEFIM_2019_n71_s77.pdf |
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| 26. |
Zeszyty Naukowe SGGW, Polityki Europejskie, Finanse i Marketing, 2019 |
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Ancyparowicz G. Programy Interwencyjne w Polityce Pieniężnej Eurosystemu
| Autor | Grażyna Ancyparowicz |
| Tytuł | Programy Interwencyjne w Polityce Pieniężnej Eurosystemu |
| Title | INTERVENTION PROGRAMS IN THE MONETARY POLICY OF THE EUROSYSTEM |
| Słowa kluczowe | bank centralny, luzowanie ilościowe, duży program skupu aktywów. |
| Key words | central bank, quantitative easing, large scale asset purchase programs. |
| Abstrakt | Niniejszy artykuł przedstawia uwarunkowania prawne i przesłanki tzw. luzowania ilościowego (quantitative easing, QE) w polityce pieniężnej Eurosystemu. Omówiono główne programy interwencyjnych zakupów dłużnych papierów wartościowych, wzmiankując związane z tymi programami ryzyka dla stabilności systemu finansowego, które mogą zmaterializować się w dalszej perspektywie. Podkreślono potrzebę stałego monitorowania niestandardowych instrumentów finansowych stosowanych w krajach Eurolandu, tak aby polskie centralne instytucje finansowe rozporządzały pełnym instrumentarium przeciwdziałania niekorzystnym zjawiskom w sferze krajowych finansów i gospodarki, które mogłyby zaistnieć i u nas w sytuacji kryzysowej o globalnym zasięgu. W badaniu zastosowano metodę analizy dokumentów Europejskiego Banku Centralnego (EBC) oraz wewnętrznych materiałów NBP dotyczących niestandardowych instrumentów polityki pieniężnej. |
| Abstract | This article presents the underlying legal and economic bases of so-called quantitative easing (QE) in the monetary policy of the Eurosystem. Large asset purchase programs and other intervention purchases of securities are discussed, and the risks of such policies for the long-term stability of the financial system are also addressed. It is noted that the non-standard financial instruments which are used in the Eurozone require close monitoring by Polish government financial institutions. This would help Poland access the full range of financial instruments that could be used to neutralize any unfavorable developments in the national financial sector and in the Polish economy which might occur in a global economic crisis. The research is based on analysis of European Central Bank documents and analytical studies of the Polish National Bank concerning non-standard instruments of financial policy. |
| Cytowanie | Ancyparowicz G. (2019) Programy Interwencyjne w Polityce Pieniężnej Eurosystemu .Zeszyty Naukowe SGGW, Polityki Europejskie, Finanse i Marketing [t.], nr 22(71): 7-17 |
| HTML | wersja html |
| Pełny tekst | PEFIM_2019_n71_s7.pdf |
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| 27. |
Zeszyty Naukowe SGGW, Polityki Europejskie, Finanse i Marketing, 2019 |
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Szydłowski C. Rola audytu wewnętrznego w ocenie wydatków samorządów miejskich
| Autor | Cezary Szydłowski |
| Tytuł | Rola audytu wewnętrznego w ocenie wydatków samorządów miejskich |
| Title | THE ROLE OF INTERNAL AUDIT IN THE EVALUATION OF URBAN LOCAL GOVERNMENT EXPENDITURES |
| Słowa kluczowe | finanse publiczne, audyt wewnętrzny, samorząd terytorialny |
| Key words | internal audit, expenses, public sector, local government units, Poland |
| Abstrakt | Artykuł przedstawia rolę oraz zadania audytu wewnętrznego w ocenie wydatków publicznych w wybranym obszarze na przykładzie samorządów miejskich w Łodzi, Piotrkowie Trybunalskim oraz Skierniewicach. W toku badań ustalono m.in., że audyt wewnętrzny poprzez swoje zadania przyczynia się do racjonalniejszego wydatkowania środków finansowych z budżetu miasta na działania administracji publicznej. Ponadto wykazano również, że audyt wewnętrzny jest pomocnym narzędziem w dbaniu o ponoszenie uzasadnionych wydatków przez jednostki sektora finansów publicznych. Ocena oraz monitorowanie wydatków jest powinnością władzy publicznej w celu zapewnienia racjonalnej gospodarki finansowej danej jednostki samorządu terytorialnego. Celem artykułu jest przedstawienie audytu wewnętrznego jako istotnego narzędzia wsparcia organów miasta w ocenie wydatków gmin miejskich w wybranym obszarze. Na potrzeby niniejszej publikacji jako przykład do analizy wybrano jednostki samorządu terytorialnego z województwa łódzkiego tj. miasta na prawach powiatu. W niniejszym artykule jako metody badawcze wykorzystano studium przypadku, metodę analityczną, metodę wnioskowania oraz metodę badania dokumentów. Do przeprowadzenia niezbędnych analiz wykorzystano materiały udostępniane przez badane podmioty oraz dane dostępne w rejestrach publicznych, gromadzonych przez uprawnione do tego instytucje. |
| Abstract | The article presents the role and tasks of internal audit in the assessment of public expenditures in a selected area for municipal governments in Łódź, Piotrków Trybunalski and Skierniewice in Poland. The research found, among other things, that internal audits contribute to a more rational spending of funds from the city budget on public administration activities. In addition, it has also been shown that internal audit is a helpful tool in ensuring reasonable expenses for public finance sector entities. The assessment and monitoring of expenses is the responsibility of public authorities, to ensure rational financial management of a given local government unit. The aim of the article is to present internal audit as an important tool to support city authorities in assessing the expenditure of municipalities in a selected area. For the purposes of this publication, local government units from the Łódź Voivodeship, i.e. a city with district status, were selected as an example for analysis. In this article, case study, analytical method, inference method and document examination method were used as research methods. To make the necessary analyses, materials made available by the surveyed entities and data available in public registers collected by authorized institutions were used. |
| Cytowanie | Szydłowski C. (2019) Rola audytu wewnętrznego w ocenie wydatków samorządów miejskich.Zeszyty Naukowe SGGW, Polityki Europejskie, Finanse i Marketing [t.], nr 22(71): 210-222 |
| HTML | wersja html |
| Pełny tekst | PEFIM_2019_n71_s210.pdf |
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| 28. |
Zeszyty Naukowe SGGW, Polityki Europejskie, Finanse i Marketing, 2019 |
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Lane P., Wyrobek J. IMPACT OF INTERNATIONALIZATION ON THE CAPITAL STRUCTURE OF COMMERCIAL COMPANIES
| Autor | Paul Lane, Joanna Wyrobek |
| Tytuł | IMPACT OF INTERNATIONALIZATION ON THE CAPITAL STRUCTURE OF COMMERCIAL COMPANIES |
| Title | |
| Słowa kluczowe | multinational companies, indebtedness, corporate finance, capital structure |
| Key words | |
| Abstrakt | International enterprises (in this paper, international companies are understood as companies that sell their products and services abroad) are precious for the national economy because, through their experience in international sales, they stimulate the development of other companies in the same industry and their subcontractors. The knowledge that these companies have gained on international markets through the spillover effect spreads on their suppliers, as well as through imitation or cooperation on their competitors. Also, international companies (in the meaning: domestic export companies) are often the first to use new technological solutions and product innovations, which contributes to the modernization of products in the entire business sector. Dynamic and robust international companies usually also build networks with entities from different countries in order to cooperate on development, negotiation, and sales, which also encourages similar activities of their competitors. For all these reasons, national governments should take action to help to export companies, or at least monitor the problems that such entities report. The purpose of the publication is to draw attention to the higher demand for the debt that exists in such enterprises and to discuss the reasons for this. In particular, the purpose of the publication was to verify 2 research hypotheses: H1: Internationalization increases indebtedness of a company measured with the debt to equity ratio, and H2: The scale of internationalization (measured with the share of foreign sales to total sales) is positively related to the level of indebtedness (measured with the debt to equity ratio). For both hypotheses we found no grounds to reject these hypotheses. In the opinion of the authors, the demand for debt from exporters should be monitored, especially in terms of the availability of this form of financing for exporters from the SME sector. The paper used the Arellano-Bond model and data downloaded from the Orbis database for years 2007 – 2017. |
| Abstract | |
| Cytowanie | Lane P., Wyrobek J. (2019) IMPACT OF INTERNATIONALIZATION ON THE CAPITAL STRUCTURE OF COMMERCIAL COMPANIES.Zeszyty Naukowe SGGW, Polityki Europejskie, Finanse i Marketing [t.], nr 22(71): 250-267 |
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| Pełny tekst | PEFIM_2019_n71_s250.pdf |
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| 29. |
Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, 2019 |
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Florkowski W., Klepacka A. The Wood Pellet Sector: Barriers to Growth and Opinions of Manufacturers in Poland
| Autor | Wojciech Florkowski, Anna Klepacka |
| Tytuł | The Wood Pellet Sector: Barriers to Growth and Opinions of Manufacturers in Poland |
| Title | The Wood Pellet Sector: Barriers to Growth and Opinions of Manufacturers in Poland |
| Słowa kluczowe | renewable energy, wood pellet stoves, raw material, imports, quality, rural household |
| Key words | renewable energy, wood pellet stoves, raw material, imports, quality, rural household |
| Abstrakt | Biomass is a major source of renewable energy in the EU and Poland, stimulating the growth of the wood pellet sector. Wood pellet demand is stimulated by a complex interaction of market forces and policies including EU climate, energy, and environmental regulations, Poland’s program to improve air quality, and subsidies for the replacement of inefficient stoves used by households. This article focuses on the growth of the wood pellet industry, imports and exports in Poland, and wood pellet quality and use by households. The main issues faced by the EU wood pellet sector between 2013 and 2016 are further considered in the context of opinions of Polish wood pellet manufacturers. Industry opinions were collected in response to an open-ended question that probed for the main issues faced by wood pellet producers during the survey implemented by the authors in 2019. Respondents identified difficulties in obtaining raw material for pellet production and poor pellet quality as major problems. Although the majority did not feel concerned about competition from imported wood pellets, a small number of respondents viewed such competition as a problem reflecting the reversal of decreasing imports in 2017. Overall, the domestic wood pellet industry can be expected to grow because of increasing pressure to expand the use of renewable energy and will be driven by the household sector switching to more efficient, wood burning stoves. Additionally, the expanding area of private Polish forests may become a source of much-needed raw material for wood pellet manufacturing. |
| Abstract | Biomass is a major source of renewable energy in the EU and Poland, stimulating the growth of the wood pellet sector. Wood pellet demand is stimulated by a complex interaction of market forces and policies including EU climate, energy, and environmental regulations, Poland’s program to improve air quality, and subsidies for the replacement of inefficient stoves used by households. This article focuses on the growth of the wood pellet industry, imports and exports in Poland, and wood pellet quality and use by households. The main issues faced by the EU wood pellet sector between 2013 and 2016 are further considered in the context of opinions of Polish wood pellet manufacturers. Industry opinions were collected in response to an open-ended question that probed for the main issues faced by wood pellet producers during the survey implemented by the authors in 2019. Respondents identified difficulties in obtaining raw material for pellet production and poor pellet quality as major problems. Although the majority did not feel concerned about competition from imported wood pellets, a small number of respondents viewed such competition as a problem reflecting the reversal of decreasing imports in 2017. Overall, the domestic wood pellet industry can be expected to grow because of increasing pressure to expand the use of renewable energy and will be driven by the household sector switching to more efficient, wood burning stoves. Additionally, the expanding area of private Polish forests may become a source of much-needed raw material for wood pellet manufacturing. |
| Cytowanie | Florkowski W., Klepacka A. (2019) The Wood Pellet Sector: Barriers to Growth and Opinions of Manufacturers in Poland.Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, t. 19(34), z. 4: 9-18 |
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| Pełny tekst | PRS_2019_T19(34)_n4_s9.pdf |
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| 30. |
Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, 2019 |
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Góral J., Rembisz W. Marże marketingowe i wartości dodane w łańcuchu dostaw żywności w Polsce
| Autor | Justyna Góral, Włodzimierz Rembisz |
| Tytuł | Marże marketingowe i wartości dodane w łańcuchu dostaw żywności w Polsce |
| Title | Marketing Margins and Added Value in the Food Supply Chain in Poland |
| Słowa kluczowe | marża marketingowa, wartość dodana, łańcuch dostaw żywności |
| Key words | marketing margin, added value, food supply chain |
| Abstrakt | Zagadnienie udziału producenta rolnego w finalnej cenie żywności budzi zainteresowanie naukowców oraz polityków. Komisja Europejska (2014, 2016) podjęła działania mające na celu wzmocnienie sektora rolnego w ramach łańcucha dostaw żywności. W Polsce zintensyfikowano promocję sprzedaży bezpośredniej. Działanie te mają na celu skrócenie łańcucha dostaw żywności oraz poprawę siły rynkowej producentów rolnych. Siła rynkowa oznacza zdolność przedsiębiorstwa do podniesienia ceny własnego produktu bez obniżenia poziomu sprzedaży na rzecz konkurentów. Celem badań było wskazanie tendencji w zakresie kształtowania się marż marketingowych oraz wartości dodanych w łańcuchu dostaw żywności. Pomiar ten służył poszukiwaniu odpowiedzi – które grupy produktów cechuje najwyższy poziom wartości dodanej i największa zdolność poprawy dochodów producentów rolnych? Szacowanie wartości dodanej obrazuje - gdzie trafia „złotówka żywnościowa” finalnego konsumenta? |
| Abstract | The issue of agricultural producer participation in the final food price is of interest to scientists and politicians. The European Commission (2014, 2016) commissioned the preparation of expertise in this area, as a result of which actions were taken to strengthen the agricultural sector. In Poland, for example, the promotion of direct sales has been intensified. These activities are aimed at shortening the food supply chain and improving the market power of agricultural producers. Market power means the ability of an enterprise to increase the price of its own product without reducing the level of sales to competitors. The aim of the research was to indicate trends in the area of marketing margins and added value in the food supply chain. This measurement served the search for the answer - which product groups have the highest level of added value and the greatest ability to improve the income of agricultural producers? The estimation of the value added illustrates - where does the "food zloty" of the final consumer go? |
| Cytowanie | Góral J., Rembisz W. (2019) Marże marketingowe i wartości dodane w łańcuchu dostaw żywności w Polsce.Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, t. 19(34), z. 4: 47-57 |
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| Pełny tekst | PRS_2019_T19(34)_n4_s47.pdf |
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| 31. |
Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, 2019 |
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Kiełbasa B., Popa D., Sargo A., Trojak M. New Approaches to Developing the Integral Indicator Methodology for Estimating the Financial Efficiency of Agricultural Entities in Poland, the Republic of Moldova, and EU Countries
| Autor | Barbara Kiełbasa, Daniela Popa, Aliona Sargo, Mariusz Trojak |
| Tytuł | New Approaches to Developing the Integral Indicator Methodology for Estimating the Financial Efficiency of Agricultural Entities in Poland, the Republic of Moldova, and EU Countries |
| Title | New Approaches to Developing the Integral Indicator Methodology for Estimating the Financial Efficiency of Agricultural Entities in Poland, the Republic of Moldova, and EU Countries |
| Słowa kluczowe | agro-sector, European Union, correlation and regression, financial efficiency, food product, financial economy, productivity & profitability, resource efficiency |
| Key words | agro-sector, European Union, correlation and regression, financial efficiency, food product, financial economy, productivity & profitability, resource efficiency |
| Abstrakt | Economic literature pays a great deal of attention to economic and financial efficiency, expressed in terms of competition, concentration, productivity and profitability. This paper provides an all-embracing framework for the various existing theories in this area and illustrates these theories with practical applications. Currently, changing the size of the production potential in agricultural units in the Republic of Moldova depends to a great extent on the influence of different trends in the modification of production resources: the reduction of labor resources and agricultural land, quantitative and qualitative changes in fixed assets, and in current assets, etc.The notion of resource potential means the totality of the volume of all resources (natural, labor, material, intellectual, information, etc.) on specific enterprises, territories, branches, regions. Evaluating a broad field of research, the paper describes profit maximizing food products and demonstrates how several widely-used products can be fit into this framework. The authors also present an overview of the current major trends in the food sector and relate them to the assumptions for food products, thereby displaying their relevance and timeliness. The results include a set of recommendations for future research on this topic.The design, methodology and approach of this research is to explain why efficiency can help obtain a profit surplus, and to measure this efficiency. For quality of methodology we apply a range of statistical methods, as well as the strategic capability of organisations – made up of resources and competences. One way to approach the stategic capability of an organisation is to consider its strengths and weaknesses (for example, where it has a competitive advantage, profit, efficiency or disadvantage). Based on our research and results, we sought to understand the concepts of financial effciency and to apply these concepts to practical situations. At the start of each analysis entrepreneurship plays an important role. Most organisations have to innovate constantly to obtain profit and efficiency for food products. They need to be first into a market, or simply a follower of customers in developing new products and services. Original studies in Moldova and Poland regarding farm concentration in terms of Gini Coefficient, Gini Index and Concentration Index of the utilized agricultural area. Original calculus formula to determine the Concentration Index of the UAA for the top 10% largest farms in Moldova and UK. |
| Abstract | Economic literature pays a great deal of attention to economic and financial efficiency, expressed in terms of competition, concentration, productivity and profitability. This paper provides an all-embracing framework for the various existing theories in this area and illustrates these theories with practical applications. Currently, changing the size of the production potential in agricultural units in the Republic of Moldova depends to a great extent on the influence of different trends in the modification of production resources: the reduction of labor resources and agricultural land, quantitative and qualitative changes in fixed assets, and in current assets, etc.The notion of resource potential means the totality of the volume of all resources (natural, labor, material, intellectual, information, etc.) on specific enterprises, territories, branches, regions. Evaluating a broad field of research, the paper describes profit maximizing food products and demonstrates how several widely-used products can be fit into this framework. The authors also present an overview of the current major trends in the food sector and relate them to the assumptions for food products, thereby displaying their relevance and timeliness. The results include a set of recommendations for future research on this topic.The design, methodology and approach of this research is to explain why efficiency can help obtain a profit surplus, and to measure this efficiency. For quality of methodology we apply a range of statistical methods, as well as the strategic capability of organisations – made up of resources and competences. One way to approach the stategic capability of an organisation is to consider its strengths and weaknesses (for example, where it has a competitive advantage, profit, efficiency or disadvantage). Based on our research and results, we sought to understand the concepts of financial effciency and to apply these concepts to practical situations. At the start of each analysis entrepreneurship plays an important role. Most organisations have to innovate constantly to obtain profit and efficiency for food products. They need to be first into a market, or simply a follower of customers in developing new products and services. Original studies in Moldova and Poland regarding farm concentration in terms of Gini Coefficient, Gini Index and Concentration Index of the utilized agricultural area. Original calculus formula to determine the Concentration Index of the UAA for the top 10% largest farms in Moldova and UK. |
| Cytowanie | Kiełbasa B., Popa D., Sargo A., Trojak M. (2019) New Approaches to Developing the Integral Indicator Methodology for Estimating the Financial Efficiency of Agricultural Entities in Poland, the Republic of Moldova, and EU Countries.Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, t. 19(34), z. 4: 103-112 |
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| Pełny tekst | PRS_2019_T19(34)_n4_s103.pdf |
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| 32. |
Economic Sciences for Agribusiness and Rural Economy, 2019 |
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Bieniek - Majka M. COLLECTIVE ACTION THEORY OF MANCUR OLSON ON THE EXAMPLE OF INTEGRATED FRUIT AND VEGETABLE PRODUCERS
| Autor | Maryla Bieniek - Majka |
| Tytuł | COLLECTIVE ACTION THEORY OF MANCUR OLSON ON THE EXAMPLE OF INTEGRATED FRUIT AND VEGETABLE PRODUCERS |
| Title | |
| Słowa kluczowe | fruit-vegetable producers' groups/organisations, group activity, free-rider |
| Key words | |
| Abstrakt | The aim of this article was to answer the question – do integrated fruit and vegetable producers act in accordancewith the assumptions of “the logic of collective actions” by Olson, or want to increase the marketorganisation level, as suggested by Docian Ciolos, increasing the number of existing groups/organisations?Basing on a library query, the assumptions of the “logic of collective actions” are presented. Using the dataprovided by the European Commission, a significant negative relationship was found between the averagesize of the group/organisation and its effectiveness. In addition, there was a regress of organising the fruitand vegetable market in the European Union. Therefore, it is suggested that according to the assumptions ofMancur Olson’s theory, selective stimuli (institutional support) motivating members of groups/organisationsto produce a common good that can be, i.a., overcoming the barrier of production scale or competitivenessof the sector should be applied. |
| Abstract | |
| Cytowanie | Bieniek - Majka M. |
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| Pełny tekst | ESARE_2019_n3_s46.pdf |
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| 33. |
Economic Sciences for Agribusiness and Rural Economy, 2019 |
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Brągiel E., Miś T. CHANGES IN THE ORGANIC PROCESSING IN POLAND IN THE YEARS 2004-2017
| Autor | Elżbieta Brągiel, Teresa Miś |
| Tytuł | CHANGES IN THE ORGANIC PROCESSING IN POLAND IN THE YEARS 2004-2017 |
| Title | |
| Słowa kluczowe | organic processing, organic farming, processing industries |
| Key words | |
| Abstrakt | The processing of organic products in Poland develops, the number of organic entities increases and there arechanges in the structure in individual industries. The aim of this article was to evaluate the trends and the degreeof changes that have occurred in the number of processing plants and the structure of organic processing industriesin Poland in the years 2004–2017. The analysis covered eight industries of processing organic products.Over thirteen years, there has been a steady increase in the number of organic processing plants, despite thelow amount of organic production and the lack of developed and sustainable forms of cooperation at variouslevels – from the producer to the consumer. The low consumption of organic products (compared to Europeancountries) also shows down and shapes changes that occur in the structure in particular processing sectors. |
| Abstract | |
| Cytowanie | Brągiel E., Miś T. |
| HTML | wersja html |
| Pełny tekst | ESARE_2019_n3_s52.pdf |
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| 34. |
Economic Sciences for Agribusiness and Rural Economy, 2019 |
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Dannikov O., Ivasko I. FARM TAXATION POLICY IN UKRAINE AND POLAND
| Autor | Oleg Dannikov, Inna Ivasko |
| Tytuł | FARM TAXATION POLICY IN UKRAINE AND POLAND |
| Title | |
| Słowa kluczowe | tax regulation, special tax regimes, land rent, agrarian sector, agriculture, foreign experience |
| Key words | |
| Abstrakt | The article discusses the shortcomings of tax policy in the agrarian sector of the economy of Ukraine, whichhas created non-competitive conditions for small farms. Large agricultural enterprises in Ukraine use theexisting special tax regime as an optimization of tax liabilities. This has led to such negative economic,social and environmental consequences as the development of landlands, the deterioration of agriculturallandscapes, the increase in export-oriented production, the growth of unemployment in the village and themigration of the rural population. While small farms, without state support, provide the population with basicfoodstuffs. The purpose of the article is evidence of the use of a special tax regime only for small farms, basedon an analysis of the special tax treatment regime in Polish agriculture and an analysis of the differential rentmethodology laid down in the basis of a special tax regime, as well as the development of practical recommendationsfor Ukraine. |
| Abstract | |
| Cytowanie | Dannikov O., Ivasko I. |
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| Pełny tekst | ESARE_2019_n3_s60.pdf |
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| 35. |
Economic Sciences for Agribusiness and Rural Economy, 2019 |
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Babytska o., Berbenets O., Pavlenko O., Prykhodko T., Zhmaylova O. THE ROLE OF NUTRIA MEAT PRODUCTION IN THE CONTEXT OF UKRAINE FOOD SECURITY
| Autor | olga Babytska, Olena Berbenets, Olena Pavlenko, Tamara Prykhodko, Olga Zhmaylova |
| Tytuł | THE ROLE OF NUTRIA MEAT PRODUCTION IN THE CONTEXT OF UKRAINE FOOD SECURITY |
| Title | |
| Słowa kluczowe | food security, meat production, nutria breeding, effectiveness of production, expert evaluations |
| Key words | |
| Abstrakt | The article presents the role and potential of the nutria breeding development as analternative livestock sector in the context of Ukraine's food security. A comparative analysisof qualitative characteristics of meat by species of animals was conducted. The efficiency ofnutria breeding by types of enterprises with a short-term forecast is analyzed. By expertevaluations determined the weight of the 5 main problems of the industry, which constitutethe next steps of a comprehensive research of nutria breeding. |
| Abstract | |
| Cytowanie | Babytska o., Berbenets O., Pavlenko O., Prykhodko T., Zhmaylova O. |
| HTML | wersja html |
| Pełny tekst | ESARE_2019_n3_s95.pdf |
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| 36. |
Economic Sciences for Agribusiness and Rural Economy, 2019 |
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Klapkiv Y., Putsenteilo P., Vovk V. ADAPTATION PROCESSES OF THE AGRARIAN SECTOR FOR REALIZATION OF THE EXISITING POTENTIAL
| Autor | Yuriy Klapkiv, Petro Putsenteilo, Viktoriia Vovk |
| Tytuł | ADAPTATION PROCESSES OF THE AGRARIAN SECTOR FOR REALIZATION OF THE EXISITING POTENTIAL |
| Title | |
| Słowa kluczowe | agricultural sector, adaptation processes, agricultural insurance, global agri-food system, potential |
| Key words | |
| Abstrakt | The agrarian sector of Ukraine with its basic component of agriculture is increasingly becoming the systemformingfactor in the national economy. It creates the factors for maintaining the sovereignty of the state: foodand, within certain limits, the economic and ecological, energy security of the state, ensures the developmentof technologically related branches of the national economy. The main aim of the study was to compare thediversity of agrarian structure and land productivity in Ukraine. The basic commodity positions of agrarianproducts and the existing potential for development are determined. The measures necessary for the developmentof the agrarian sector of Ukraine, the expansion of markets and the successful promotion of agrarianproducts to the world food markets are singled out. |
| Abstract | |
| Cytowanie | Klapkiv Y., Putsenteilo P., Vovk V. |
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| Pełny tekst | ESARE_2019_n3_s112.pdf |
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| 37. |
Turystyka i Rozwój Regionalny, 2019 |
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Nowak C. Dziedzictwo kulinarne i przyrodnicze w zarządzaniu rozwojem turystykiwiejskiej na przykładzie Norwegii
| Autor | Czesław Nowak |
| Tytuł | Dziedzictwo kulinarne i przyrodnicze w zarządzaniu rozwojem turystykiwiejskiej na przykładzie Norwegii |
| Title | Culinary and natural heritage in managing the development of rural tourism using Norway as an example |
| Słowa kluczowe | Norwegia, turystyka wiejska, dziedzictwo kulinarne, dziedzictwo przyrodnicze |
| Key words | Norway, rural tourism, culinary heritage, natural heritage |
| Abstrakt | Norwegia jest państwem o największym na świecie ekwiwalencie subwencji dla producentów rolnych – PSE w państwach OECD. Pomimo to od lat zmniejsza się tam zatrudnienie w rolnictwie i następuje wyludnianie obszarów wiejskich. Rozwój turystyki wiejskiej przyczynia się zarówno do spowolnienia tego procesu poprzez zwiększanie dochodów wiejskich gospodarstw domowych, jak i do zachowania tradycyjnego krajobrazu, wartości ekologicznych oraz dziedzictwa kulturowego, szczególnie kulinarnego. Za zarządzanie rozwojem turystyki na poziomie krajowym odpowiedzialne są głównie Ministerstwo ds. Klimatu i Środowiska, a szczególnie Departament Dziedzictwa Kulturowego i Środowiska Kulturowego i Departament Bioróżnorodności, a także Ministerstwo Rolnictwa i Żywności1. Na poziomie lokalnym dzięki innowacyjnemu podejściu do zarządzania przedsiębiorstwa turystyczne, chcąc ograniczyć negatywne skutki dużej sezonowości w tym sektorze gospodarki, przygotowują zarówno oferty typowe dla sezonu zimowego, jak i letniego. Umożliwia to zarówno lepsze wykorzystanie takich zasobów jak baza hotelowa oraz restauracje, jak i utrzymanie poziomu zatrudnienia pracowników. |
| Abstract | Of the OECD countries Norway has the world’s largest Producer and Support Estimate (PSE). Despite this, employment in agriculture has been decreasing for years and the rural population is dwindling. The development of rural tourism contributes to the slowing down of this process by increasing the income of rural households, as well as preserving the traditional landscape, ecological values and cultural heritage, especially culinary heritage. The Ministry of Climate and Environment (Department of Cultural heritage and cultural environment) and the Ministry of Agriculture and Food are mainly responsible for managing the development of tourism at the national level. At the local level – thanks to an innovative approach to management – tourism enterprises, wanting to limit the negative impact of high seasonality in this sector of the economy, are engaged in the preparation of not only typical winter sport offers, such as skiing, but also of summer sports. This facilitates the better use of resources such as hotels and restaurants, and also helps to maintain employment levels. |
| Cytowanie | Nowak C. |
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| Pełny tekst | TIRR_2019_n11_s85.pdf |
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| 38. |
Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, 2019 |
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Łyżwa E. Inwestycje jako determinanta rozwoju sektora rolnego na Ukrainie
| Autor | Edyta Łyżwa |
| Tytuł | Inwestycje jako determinanta rozwoju sektora rolnego na Ukrainie |
| Title | Investments as a Determinant of the Agricultural Sector Development in Ukraine |
| Słowa kluczowe | sektor rolno-spożywczy, rozwój, inwestycje, gospodarka Ukrainy |
| Key words | agri-food sector, development, investments, economy of Ukraine |
| Abstrakt | Znaczenie badań nad gospodarką rolną Ukrainy ma kluczowe znaczenie w perspektywie bezpieczeństwa żywnościowego kraju i Europy. W artykule przyjęto inwestycje jako podstawową determinantę rozwoju sektora. Tłem rozważań są przemiany sektora rolnego po odzyskaniu niepodległości przez Ukrainę. Zakresem badań objęto terytorium Ukrainy przywołując dane empiryczne z lat 1991-2018 ze szczególnym uwzględnieniem zakresu procesów inwestycyjnych w latach 2012-2018. Celem artykułu było zidentyfikowanie aktywności inwestycyjnej we współczesnej gospodarce rolnej Ukrainy. Przywołane dane pozwalają na wyciągniecie wniosków o nieefektywnym wykorzystaniu potencjału rolnictwa i przetwórstwa rolno-spożywczego w skali kraju oraz intensyfikacji aktywności inwestycyjnej państwa w ostatnich latach wspierających rozwój tego sektora gospodarki. |
| Abstract | The importance of researching the agricultural economy of Ukraine have got big importance in the perspective of the country’s and Europe food security. The article accepts investments as the basic determinant of the sector’s development. The background of the reflections is the transformation of the agricultural sector after Ukraine regained it’s independence. The research covered territory of Ukraine, recalling empirical data from the years 1991-2018, with particular emphasis of the investments in 2012-2018. The purpose of the article was to identify investment activity in the modern agricultural Ukraine’s economy. The mentioned data allowed us to draw conclusions about the ineffective use of the country’s agriculture potential and agri-food processing as well as the intensification of the state's investment activity in recent years that support the development of this sector’s economy. |
| Cytowanie | Łyżwa E. (2019) Inwestycje jako determinanta rozwoju sektora rolnego na Ukrainie .Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, t. 19(34), z. 3: 67-74 |
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| Pełny tekst | PRS_2019_T19(34)_n3_s67.pdf |
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| 39. |
Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, 2019 |
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Samborski A. Finansowanie przedsiębiorstw w krajach Grupy Wyszehradzkiej
| Autor | Adam Samborski |
| Tytuł | Finansowanie przedsiębiorstw w krajach Grupy Wyszehradzkiej |
| Title | Financing Enterprises in the Visegrad Group Countries |
| Słowa kluczowe | przedsiębiorstwo, finansowanie, analiza porównawcza, rachunki narodowe |
| Key words | enterprise, financing, comparative analysis, national accounts |
| Abstrakt | W artykule podjęto problematykę finansowania przedsiębiorstw w krajach Grupy Wyszehradzkiej, w latach 1995-2015. W analizach wykorzystano dane źródłowe pochodzące z rachunków narodowych. Na podstawie przeprowadzonych badań zaobserwowano wzrost poziomu samofinansowania w przedsiębiorstwach czeskich, węgierskich, polskich i słowackich. Zauważono także spadek wartości zaciągniętych netto zobowiązań. Wśród przyczyn wskazano na wysoki poziom w sektorze przedsiębiorstw oszczędności brutto oraz spadek wartości nakładów brutto na środki trwałe. Podstawowym źródłem finansowania zewnętrznego były trzy kategorie instrumentów finansowych, a mianowicie: kredyty i pożyczki, udziały kapitałowe, pozostałe kwoty do otrzymania / zapłacenia. We wnioskach podkreślono, iż pomimo spadku poziomu finansowania zewnętrznego nie nastąpiły znaczące zmiany w jego strukturze. |
| Abstract | The article addresses the issue of financing enterprises in the Visegrad Group countries in the years 1995-2015. The analyzes used source data derived from national accounts. On the basis of the conducted research, an increase in the self-financing level was observed in Czech, Hungarian, Polish and Slovak enterprises. A decrease in the value of net liabilities incurred was also noted. Among the reasons, a high level of gross savings in the enterprise sector and a decline in the gross fixed capital formation was indicated. The main source of external funding were three categories of financial instruments, namely loans, equity, other accounts receivable / payable. The conclusions emphasized that despite the decrease in the level of external financing, there were no significant changes in its structure. |
| Cytowanie | Samborski A. (2019) Finansowanie przedsiębiorstw w krajach Grupy Wyszehradzkiej.Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, t. 19(34), z. 1: 98-109 |
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| Pełny tekst | PRS_2019_T19(34)_n1_s98.pdf |
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| 40. |
Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, 2019 |
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Anielak K. Fintech as a Source of Financial Innovations on the Polish Financial Services Market
| Autor | Karolina Anielak |
| Tytuł | Fintech as a Source of Financial Innovations on the Polish Financial Services Market |
| Title | Fintech as a Source of Financial Innovations on the Polish Financial Services Market |
| Słowa kluczowe | Fintech, financial innovations, banks |
| Key words | Fintech, financial innovations, banks |
| Abstrakt | The paper presents the definition of innovation, advancement and development of the Fintech sector on the global scale, with particular emphasis put on Poland. Fintechs, i.e. IT companies that provide increasingly more modern solutions for customers active on the financial markets are not fully described in the literature on the subject. The aim of the paper was to present a comprehensive definition of Fintech, show the scale of this type of ventures around the world and in Poland, and analyze the forms and potential of the cooperation of Fintech companies with financial services entities, in particular with the banks. The article uses a critical analysis of the literature of mainly English-language studies from the last 5 years, indicating the state of financial innovations and their importance on the global scale. The author analyzed statistical data from PWC Global Fintech Report, CitiGPS reports, Capgemini reports and KPMG, which enabled her to present the value of global investments in Fintech. The performed cause and effect analysis indicates that investments in the Fintech sector are becoming more and more popular, that this market will be growing due to cooperation, among others, with the banks which want to meet the requirements of their customers using more advanced technologies. |
| Abstract | The paper presents the definition of innovation, advancement and development of the Fintech sector on the global scale, with particular emphasis put on Poland. Fintechs, i.e. IT companies that provide increasingly more modern solutions for customers active on the financial markets are not fully described in the literature on the subject. The aim of the paper was to present a comprehensive definition of Fintech, show the scale of this type of ventures around the world and in Poland, and analyze the forms and potential of the cooperation of Fintech companies with financial services entities, in particular with the banks. The article uses a critical analysis of the literature of mainly English-language studies from the last 5 years, indicating the state of financial innovations and their importance on the global scale. The author analyzed statistical data from PWC Global Fintech Report, CitiGPS reports, Capgemini reports and KPMG, which enabled her to present the value of global investments in Fintech. The performed cause and effect analysis indicates that investments in the Fintech sector are becoming more and more popular, that this market will be growing due to cooperation, among others, with the banks which want to meet the requirements of their customers using more advanced technologies. |
| Cytowanie | Anielak K. (2019) Fintech as a Source of Financial Innovations on the Polish Financial Services Market.Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, t. 19(34), z. 1: 162-171 |
| HTML | wersja html |
| Pełny tekst | PRS_2019_T19(34)_n1_s162.pdf |
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