The Problem of Public Debt in Poland and Methods of Stabilizing the Debt

Public debt is a common phenomenon occurring both in Poland and around the world. It is usually defined as the total obligations of public authorities, resulting from borrowing. Currently, the debt problem is not perceived as an extraordinary threat to individual economies if its size and growth rate are fully controlled by the public authorities of particular countries. The aim of this publication is to identify the causes of the public debt, as well as the analysis of the evolution of the debt levels in Poland in 2008 - 2015. Particular attention has been paid to various factors and conditions, having a close impact on the size of the debt. Also acceptable ways of stabilizing the level of public debt were presented in the scope of this paper.