Andrzej Domański
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Andrzej Domański
Andrzej Jan Domański (born 27 August 1981) is a Polish economist, and politician. He is the current Minister of Finance in the Cabinet of Donald Tusk having been sworn in on the 13 December 2023. Early life and education Domański studied economics at the Cracow University of Economics. He later became a lecturer at both Łazarski University and SWPS University. Political career Formerly a fund manager Domański stood for the Sejm in 2019 but was not elected after garnering just 1,329 votes. Domański ran in the 2023 elections under the slogan ''Człowiek od gospodarki'' (The economy guy). Despite being a new candidate for Civic Platform he was responsible for authoring their economic programme. In his election statement Domański noted that he had become involved in politics in part due to his daughter. He also stated his belief that investment in Poland's energy sector and economic growth are solutions to the climate crisis. In April 2024, Domański expressed opposition ...
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Third Cabinet Of Donald Tusk
The Third Cabinet of Donald Tusk is the Coalition government, coalition Council of Ministers (Poland), government of Poland headed by Donald Tusk who was officially nominated and confirmed as the Prime Minister of Poland on 11 December 2023 by the members of the Sejm following the failure of Mateusz Morawiecki's Third Cabinet of Mateusz Morawiecki, Third Cabinet to secure a vote of confidence. On 12 December, Tusk addressed the parliament and announced members of his cabinet, later that day Tusk's cabinet successfully obtained a vote of confidence with 248 of the 460 MPs voting in the affirmative. He and his cabinet were officially sworn in by president Andrzej Duda on 13 December 2023. Tusk previously served as Prime Minister of Poland between 2007 and 2014, President of the European Council between 2014 and 2019, and the president of the European People's Party (EPP) from 2019 to 2022. The opposition's victory in the 2023 Polish parliamentary election and Tusk's return to powe ...
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Ministry Of Finance (Poland)
Poland's Ministry of Finance ( ), headed by the Minister of Finance ''(Minister Finansów)'', is part of the government of Poland. Among its powers and responsibilities it drafts the national budget, deals with taxes, financing of the local self-governments and issues related to public debt. In the area of taxation, the ministry oversees a system of local and regional tax offices. A local tax office is called ''urząd skarbowy'' ("tax office"), while a higher-level office is called ''izba administracji skarbowej'' ("revenue administration regional office"). There are approximately 400 of the former throughout the country, and 16 of the latter, one in each voivodeships of Poland, voivodeship (province). In each voivodeship there is also one "customs and tax control office" ''(urząd celno-skarbowy)''. The Ministry of Finance existed alongside the Ministry of State Treasury of the Republic of Poland, Ministry of the Treasury, which was responsible mainly for the management of nati ...
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2023 Polish Parliamentary Election
Parliamentary elections were held in Poland on 15 October 2023 to elect members of the Sejm and Senate of Poland, Senate. A 2023 Polish referendum, referendum containing four questions concerning economic and immigration policy of the government was held simultaneously. In the previous 2019 Polish parliamentary election, the ruling right-wing Law and Justice (Poland), Law and Justice Party (PiS) had held onto its majority in the Sejm with Prime Minister Mateusz Morawiecki forming Second Cabinet of Mateusz Morawiecki, a second government. The PiS sought to win a third term which would be unprecedented in Polish history. The opposition, including the Civic Platform, Civic Platform Party and others, secured a Senate majority. In the lead-up to the 2023 elections, opposition leader and former prime minister, Donald Tusk, led the Civic Coalition (Poland), Civic Coalition political alliance in opposition to the PiS. The United Right (Poland), United Right alliance placed first for the ...
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Living People
Purpose: Because living persons may suffer personal harm from inappropriate information, we should watch their articles carefully. By adding an article to this category, it marks them with a notice about sources whenever someone tries to edit them, to remind them of WP:BLP (biographies of living persons) policy that these articles must maintain a neutral point of view, maintain factual accuracy, and be properly sourced. Recent changes to these articles are listed on Special:RecentChangesLinked/Living people. Organization: This category should not be sub-categorized. Entries are generally sorted by family name In many societies, a surname, family name, or last name is the mostly hereditary portion of one's personal name that indicates one's family. It is typically combined with a given name to form the full name of a person, although several give .... Maintenance: Individuals of advanced age (over 90), for whom there has been no new documentation in the last ten ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate economic stability, stability. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and poverty reduction, reduce poverty around the world." Established in July 1944 at the Bretton Woods Conference, primarily according to the ideas of Harry Dexter White and John Maynard Keynes, it started with 29 member countries and the goal of reconstructing the international monetary systems, international monetary system after World War II. In its early years, the IMF primarily focused on facilitating fixed exchange rates across the developed worl ...
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European Investment Bank
The European Investment Bank (EIB) is the European Union's investment bank and is owned by the 27 member states. It is the largest multilateral financial institution in the world. The EIB finances and invests both through equity and debt solutions companies and projects that achieve the policy aims of the European Union through loans, equity and guarantees. The EIB focuses on the areas of climate, environment, small and medium-sized enterprises (SMEs), development, cohesion and infrastructure. It has played a large role in providing finance during crises including the 2008 financial crisis and the COVID-19 pandemic. Over 60 years since its inception in 1958 to 2018 the EIB has invested over 1.1 trillion euros. It primarily funds projects that "cannot be entirely financed by the various means available in the individual Member States". The EIB is one of the biggest financiers of Sustainable finance, green finance in the world. In 2007, the EIB became the first institution in ...
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European Bank For Reconstruction And Development
The European Bank for Reconstruction and Development, shortened to EBRD ( French: ''Banque européenne pour la reconstruction et le développement'' or ''BERD''), is an international financial institution founded in 1991 in Paris. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc it expanded to support development in more than 30 countries from Central Europe to Central Asia. Similar to other multilateral development banks, the EBRD has members from all over the world (North America, Africa, Asia and Australia, see below), with the biggest single shareholder being the United States, but only lends regionally in its countries of operations. Headquartered in London, the EBRD is owned by 75 countries and two European Union institutions, the newest shareholder being Nigeria since February 2025. Despite its public sector shareholders, it invests in private ente ...
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Neo-Keynesean
The neoclassical synthesis (NCS), or neoclassical–Keynesian synthesis Mankiw, N. Gregory. "The Macroeconomist as Scientist and Engineer". '' The Journal of Economic Perspectives''. Vol. 20, No. 4 (Fall, 2006), p. 35. is an academic movement and paradigm in economics that worked towards reconciling the macroeconomic thought of John Maynard Keynes in his book ''The General Theory of Employment, Interest and Money'' (1936) with neoclassical economics. The neoclassical synthesis is a macroeconomic theory that emerged in the mid-20th century, combining the ideas of neoclassical economics with Keynesian economics. The synthesis was an attempt to reconcile the apparent differences between the two schools of thought and create a more comprehensive theory of macroeconomics. It was formulated most notably by John Hicks (1937), Franco Modigliani (1944), and Paul Samuelson (1948), who dominated economics in the post-war period and formed the mainstream of macroeconomic thought in the 195 ...
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Keynesian Economics
Keynesian economics ( ; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomics, macroeconomic theories and Economic model, models of how aggregate demand (total spending in the economy) strongly influences Output (economics), economic output and inflation. In the Keynesian view, aggregate demand does not necessarily equal the aggregate supply, productive capacity of the economy. It is influenced by a host of factors that sometimes behave erratically and impact production, employment, and inflation. Keynesian economists generally argue that aggregate demand is volatile and unstable and that, consequently, a market economy often experiences inefficient macroeconomic outcomes, including economic recession, recessions when demand is too low and inflation when demand is too high. Further, they argue that these economic fluctuations can be mitigated by economic policy responses coordinated between a government and their central bank. ...
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2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ...
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Eurozone
The euro area, commonly called the eurozone (EZ), is a Monetary union, currency union of 20 Member state of the European Union, member states of the European Union (EU) that have adopted the euro (Euro sign, €) as their primary currency and sole legal tender, and have thus fully implemented Economic and Monetary Union of the European Union, EMU policies. The 20 eurozone members are: : Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. The seven non-eurozone members of the EU are Bulgaria, the Czech Republic, Denmark, Hungary, Poland, Romania, and Sweden. They continue to use their own national currencies, although all but Denmark are obliged to join once they meet the euro convergence criteria. Bulgaria is targeting to join the eurozone on 1 January 2026. Bulgaria is expected to become the 21st eurozone member from January 1, 2026. ...
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