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THE ROLE OF THIRD SECTOR IN ECONOMIC CRISES

Ekonomia i Prawo. Economics and Law

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Authentication Code dc
 
Title Statement THE ROLE OF THIRD SECTOR IN ECONOMIC CRISES
 
Added Entry - Uncontrolled Name Dominowska, Joanna; Warsaw School of Economics
 
Uncontrolled Index Term institutional changes; European Union; nonprofit sector; charities; independent sector; voluntary sector; social economy
K1; K3; K4
 
Summary, etc. The aim of this study was to present the role of third sector in economic crises with the particular case study of its role in the last economic crises in Europe. The economic crises brought about a reduction of both government funding and corporate giving, also decline in income from philanthropy. Most responses from the third sector were reactive and passive in nature — reduction or freezing of wages, dismissal of workers, shutting down existing and delaying the beginning of new programs, and the reduction or cancellation of services. However some of the actions were more proactive. These can be divided into two groups. The first one is external in nature. Statutory activity of the third sector has focused on the introduction of programs and initiatives designed to counter the effects of economic crises and increasing the transparency of doing business, in particular financial operations. The second type of activity is associated with the still unappreciated role of the third sector as a business player. Nonprofit organizations can ameliorate the impact of an economic crisis by making efforts to maintain their activity despite zero or negative rate of return diversifying funding sources and entrepreneurship, increasing cooperation with other sectors (governmental and private).
 
Publication, Distribution, Etc. Uniwersytet Mikołaja Kopernika w Toruniu
2016-06-30 00:00:00
 
Electronic Location and Access application/pdf
http://www.apcz.pl/czasopisma/index.php/EiP/article/view/EiP.2016.011
 
Data Source Entry Ekonomia i Prawo. Economics and Law; Vol 15, No 2 (2016)
 
Language Note en
 
Terms Governing Use and Reproduction Note Copyright (c) 2016 Ekonomia i Prawo. Economics and Law