The global financial crisis of 2008 undoubtedly had a significant impact on the constitutional regulation of economic and financial matters. As a consequence of economic downturn six EU Member States (Germany, Spain, Slovakia, Slovenia, Italy and Hungary) have amended their constitutions. With economic crisis caused by global pandemic of, the new discussion about constitutional fiscal policy rules is expected. New economic downturn is one of the most important challenges for the constitutional fiscal rules, which undoubtedly will verify their functioning and effectiveness.
The main purpose of this paper is to find out if constitutional fiscal policy rules is a cure or trap in times of financial crisis. According to the hypothesis adopted, constitutional fiscal rules can be an effective tool. The article has the following structure. In the first and second part I describe constitutional fiscal rules. The third part concerns the method of constitutionalisation. Subsequently, I am focus on effectiveness of constitutional fiscal policy rules. The last part of the article contains conclusions.
The purpose of this article is to analyse proposed amendments to the debt limit from Article 216(5) of the Polish Constitution. The constitutionalization of the above limit raised many concerns and doubts, which returned in times the COVID-19 virus and Russia’s invasion of Ukraine in 2022. In the ongoing debate in recent years, it was proposed to raise reference value of debt to 90% of GDP or to exclude defence spending from the rigour of the constitutional rule. Undertaking an assessment of the proposed amendments the author first discusses the ratio legis of the fiscal rule and the problem of its application in extraordinary situations. The analysis allows the conclusion that undoubtedly the constitutional debt limit should be amended, however the above proposals do not solve the essence of the problem and thus do not deserve to be taken into account.
Budget optional procedures in the light of Constitution of Poland and selected constitutional regulations of Europeans countries Streszczenie. W artykule autor porusza problem procedur awaryjnych na wypadek nieuchwalenia ustawy budżetowej. W tym celu dokonuje analizy przepisów Konstytucji RP oraz konstytucji wybranych państw europejskich. Wskazuje na różnice między mechanizmami występującymi w Polsce oraz w wybranych porządkach prawnych. Całość kończy podsumowanie oraz postulaty de lege ferenda.
Budget optional procedures in the light of Constitution of Poland and selected constitutional regulations of Europeans countries Streszczenie. W artykule autor porusza problem procedur awaryjnych na wypadek nieuchwalenia ustawy budżetowej. W tym celu dokonuje analizy przepisów Konstytucji RP oraz konstytucji wybranych państw europejskich. Wskazuje na różnice między mechanizmami występującymi w Polsce oraz w wybranych porządkach prawnych. Całość kończy podsumowanie oraz postulaty de lege ferenda.
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