Analysis of instruments supporting enterpreneurs by individual economiec in the time of the SARS-COV-2 pandemic

Abstract

This scientific paper describes the methods of fighting off the pandemic induced crisis in Poland. It begins with a brief description of the share of small and medium‐sized enterprises in the Polish economy. The nature of the businesses and current trends are presented. After that the article describes Keynesian policy regarding state intervention as an introduction to the actual discussion. Potential risks and benefits emerging from state intervention are described. Continuing, the data regarding monetary policy is presented together with a possible line of reasoning followed by the Government and the Monetary Policy Council. The main focus of the article is to depict the unusual characteristics of the current economic crisis in comparison to selected examples of the past ones. Finally, data regarding financial support instruments used in Poland is presented together with an analysis of the extent of aid in selected countries.