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Impact of the XXI-st century crises on household finances
https://doi.org/10.60154/ZeszytyNaukoweWSEI.2023.19.1.1.04
Abstract
Individual households’ spending behavior and resource allocation endure transformation as a result of dynamic changes in the micro- and macro-environments of consumers. Among the factors that indirectly but substantially influence consumer behavior, the economic crisis plays a crucial role. The crisis has had a significant impact on the financial situation of Polish households in recent years, with its apex occurring in 2020. It is also necessary to mention the global economic crisis, the effects of which were observable by the close of the first decade of the twenty-first century. The financial situation of a significant fraction of Poles deteriorated despite the increase in disposable income, as revealed by analyses of selected Central Statistical Office data and research conducted by independent agencies.
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household budget , personal finances , inflationDownload files
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No. 19 (2023)
Published: 2023-12-18
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.