ANTI-CRISIS LABOUR LAW IN POLAND

Abstract

The global economic crisis, started in the USA in autumn 2008, spread to other parts of the world in a relatively short time. Although its direct causes are closely related to operation of financial institutions, banks in the first place, its most painful effects are those manifested in the social plane. The limitation of demand for goods and services results in a drop in business traffic which fact, in turn, translates into mass redundancies and increasing level of unemployment. In a majority of the countries struck by the crisis actions are taken aimed at reduction of the scale of the adverse phenomena. Among the measures taken, an important role is played by those directly aimed at labour market protection, including maintenance of jobs and supporting people who become unemployed. States attempt at using a wide range of measures from subsidizing entire sectors of the economy and big companies to providing credit guarantees to flexibility of legal regulations in the field of business activity, the area of broadly termed labour law and social law in particular. Keywords: global economic crisis, financial institutions, unemployment, labour law and social law.