GLOBALIZATION AND THE PROCESS OF THE SYSTEMIC AND NORMATIVE ADAPTATION OF THE FINANCIAL SYSTEM IN POLAND TO THE EUROPEAN UNION STANDARDS
Journal Title: Globalization, the State and the Individual - Year 2016, Vol 1, Issue 9
Abstract
This article describes the system and normative determinants of contem¬porary processes of economic globalization, which have taken place for the last several years and have been linked with progressive integration of market structures of the European Union. Integration of market structures in Europe also encompassed Poland in 2004. By this token, Poland has significantly increased the scope of the openness of its economy for the development of trade. Therefore, Polish accession to the European Union is considered to be an important factor for the continuation of the processes of economic globalization and economic growth. In the context of these processes Polish economic systems and legal rules regulating the various branches, sectors and institutions have been gradually adapted to the EU standards since the 90s of the last century. One of the sectors of the economy, which has been to a relatively greater extent adapted institutionally and normatively to the EU requirements is Polish financial system.
Authors and Affiliations
Sylwia Gwoździewska, Dariusz Prokopowicz
Keywords
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