NATIONAL LEGISLATION BARRIERS IN THE AREA OF THE POSSIBILITY OF RECAPITALISATION OF NON-MONETARY ASSET COMPONENTS OF THE PUBLIC DEVELOPMENT BANK BASED ON THE EXAMPLE OF THE BANK GOSPODARSTWA KRAJOWEGO. THE CURRENT STATUS AND AUTHORS PROPOSALS FOR CHANGES.
- Department of the Financial Systems of the Economy, University of Warsaw, Poland.
- Student at Management Faculty, University of Warsaw, Poland.
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In the developed market economies a trend of undertaking public tasks with the use of state-owned development bank institutions can be observed. For this reason, in the authors’ opinion, it is reasonable to consider the possibility of wider use of public resources of non-cash form to increase the capitalization of public development banks. The proposed changes would allow authors to facilitate the recapitalization of the Polish state-owned development bank (the Bank Gospodarstwa Krajowego), whose business objectives can be described as public purposes. The entry of the proposed regulations into force would not reduce third party rights, would not privilege the situation of the state-owned development bank in so much in order to even assert about the potential effect of removing private entities. The amendment proposals that the authors wishes to introduce in the current normative economic analysis of law is based on the principle enhancements (improvements).
[Sebastian Skuza, Emilia Wroblewska (2015); NATIONAL LEGISLATION BARRIERS IN THE AREA OF THE POSSIBILITY OF RECAPITALISATION OF NON-MONETARY ASSET COMPONENTS OF THE PUBLIC DEVELOPMENT BANK BASED ON THE EXAMPLE OF THE BANK GOSPODARSTWA KRAJOWEGO. THE CURRENT STATUS AND AUTHORS PROPOSALS FOR CHANGES. Int. J. of Adv. Res. 3 (Nov). 1173-1180] (ISSN 2320-5407). www.journalijar.com