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The paper discusses various approaches to modelling measures of the Common Agricultural Policy (CAP) within a computable general equilibrium (CGE) framework for the new budgetary period 2014–2020. The task of modelling such a complex policy as the CAP with the use of CGE is not easy at least for three reasons. First, the policy itself is very complex – Pillar 2 alone includes about 17 very heterogeneous measures, which differ in terms of implementation and eligibility criteria. Pillar 1 measures are not targeted (in terms of goods and services that may be bought with these funds) and thus the assessment of their impact requires additional knowledge on how they were spent. Second, although CGE models represent all sectors of the economy, yet they normally do not characterise individual sectors with such a precision as would be desired for modelling the nuances of the individual CAP measures. Third, the CAP evolves towards less tangible measures (risk management, quality improvements, conditionality based on environmental requirements), and towards increasing role of non-marketed goods (provision of public goods, environmental amenities, food safety). There is also an increasing role of human capital manifested by e.g. bottom-up approaches or co-operation measures. They, however, are difficult to grasp by the CGE models since they are not directly observed or linked to the exogenous variables controlled in this types of models. While taking all the challenges into account and relaying on a literature review the article presents some solution and makes suggestions for possible ways of modelling new CAP 2014–2020 within CGE modelling framework which may be useful in the policy evaluation.
Subject and purpose of work: EU regional policy aims to increase the economic and social cohesion of the Member States. For the programming period of 2014 - 2020 a new tool has been planned, which will contribute to the effective implementation of the cohesion policy – Integrated Territorial Investment (ITI). The aim of this article is to determine whether the direction of measures arising from the assumptions of the cohesion policy 2014 - 2020, implemented in the ITI strategy, addresses actual problems in the area covered by the ITI strategy (on the example of Kalisz-Ostrów Agglomeration - KOA). Materials and methods: The study was based on the analysis and synthesis of EU and Polish regulatory provisions on the cohesion policy 2014 - 2020, data on financial allocation for the implementation of the ITI and literature on the subject of EU regional policy. Results: The direction of measures arising from the assumptions of the cohesion policy 2014 - 2020 in the ITI strategy addresses real problems in the development of the area covered by the KOA strategy. EU funds have been planned for: promoting entrepreneurship; promoting low-carbon strategies; the development of an educated society and investments in modern infrastructure. Conclusions: Solving the problems of the areas covered by the ITI strategy will depend on the realization of the development goals. Therefore, the synergy of conditions associated with the transformation of the postulated stage into the executive stage of the cohesion policy under ITI is necessary. This synergy is associated with both the quality of human capital and the amount of financial resources as well as the competences of those involved in the implementation of the ITI concept.
The objective of this article is an assessment of SMEs’ support policy in the management of repayable financing at the regional, national and international level. To achieve the assumed goals, the analysis of issues pointed in the article was based on non-reactive research. This analysis considered the data from the normative acts, statistics but also reports and analyzes published by the business institutions such as The National Association of Guarantee Funds or Polish Union of Loan Funds. After the study of the presented issues had been carried out, it turned out that current practices formulated in the area of funding programs should be verified. It seems that the most significant problem of financial areas in the EU in 2007-2013 is an excessive number of available funding programs and too big fragmentation of public institutions offering such support to SMEs. It has to be also highlighted that aforementioned factors of the institutional system of SMEs financing may have a smaller potential than they should.
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