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Vol. 52 No. 4 (2024)

Polityka społeczna i gospodarcza

Deficit, Investments and Debt as Instruments of Creating the Political Electoral Cycle in Local Government Units

DOI: https://doi.org/10.35757/STP.2024.52.4.08
Submitted: August 1, 2025
Published: November 25, 2024

Abstract

The article analyzes the factors determining political electoral cycles, with particular emphasis on those that are related to and affect the level of financial stability of local government units. It shows that there is a relationship between election cycles and spending and investment activity. The paper presents the original results of research on the link between three financial categories, i.e. debt, capital expenditure, and deficit of local government units, and the political election cycle. These three elements, recognized as instruments of influencing society during the election period, also have an impact on financial stability and the efficiency of managing public money. The analysis of all these issues leads to the conclusion that there is a need to carry out legislative changes in order to ensure adequate efficiency of public money management and financial stability in order to eliminate the potential negative effects of the instruments used (deficit, debt and investments) by the bodies applying for re-election.

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