Prowadzona w ostatnich latach dyskusja dotycząca wprowadzania nowego systemu redystrybucji poziomej środków finansowych miedzy gminami koncentruje się głównie na poszukiwaniu możliwości lepszego określenia jej kryteriów. Tezą postawioną w artykule jest możliwość zastąpienia...

The work consists of four chapters, two annexes and an appendix. In the first chapter the author gives an ordered classification of the subjects of the financial markets, focusing on Polish markets. The next chapter presents a detailed history of the formation of the markets of the Polish...

The work consists of five chapters, an annex and an appendix. In the first chapter the author describes the point of consolidation processes, presents: the meaning of consolidation processes, active and institutional aspects of merger execution, gives a classification of the consolidation...

What determines how trade in a commodity is divided between privately negotiated transactions via "middle men" (dealer/brokers) in a telephone or "dealer market" versus transactions via "market makers" (specialists) at publicly observable bid/ask prices? To address this question, we extend...

English Abstract: The first aim of this paper is to describe the main developments in the Ukrainian economy since its independence in 1991, focusing on the evolution of output, and the path of economic reforms — that is, to simply show what happened. The bottom line on that is well known:...

English Abstract: In the publication, Barabara Nowakowska and Piotr Noceń discuss 'Poland's Private Equity Market: Current Conditions and Development Prospects', and Michał Surowski and Michał Popiołek describe 'Private Equity From a Bank's Perspective'.Polish Abstract: W niniejszym Zeszycie...

Polish Abstract: Podmioty zbiorowego inwestowania (towarzystwa funduszy inwestycyjnych, powszechne towarzystwa ubezpieczeniowe, powszechne towarzystwa emerytalne, domy maklerskie, firmy typu asset management) to przedsiębiorstwa, w których kapitał ludzki stanowi zasadniczy element sukcesu...