THE IMPACT OF THE POLICY MIX ON FUNCTIONING OF COMPANIES IN POLAND DURING THE FINANCIAL CRISIS

Abstract

The aim of the paper is to present the impact of the Central Bank of Poland and the Government anti-crisis actions on functioning of enterprises in Poland in response to the financial crisis. Article verifies the hypothesis that the common anti-crisis actions of economic authorities had a significant impact on the functioning of enterprises on which greatly has influenced higher degree of coordination of monetary and fiscal policy. To verify the hypothesis were used the following research methods: a review of the scientific literature, statistical reports and graphical presentation of economic phenomena. Coordination of monetary and fiscal policy had a significant impact on the functioning of enterprises in Poland, resulting in reduction of the first negative symptoms of the financial crisis and in the finally to improve the financial situation of enterprises in the coming years. Coordination of policy mix took place during the recent financial crisis, which reached also to Poland. Economic authorities in order to avoid the consequences of this crisis, decided to take crisis measures that were redesigned to not only to achieve its main objectives, although primarily to prevent an economy from the effects of the upcoming financial crisis.