Crisis of the Treasury by the Example of Poland in the 17th Century

Abstract

The paper describes the crisis of the treasury of Poland in the sixties and the seventies of the 17th century. The paper provides the analysis of the government revenue and spending. The article describes the institutional problems of the Polish Commonwealth, such as: the decentralization of the fiscal apparatus and the fiscal managing and planning. The paper depicts the circumstances of the introduction of the: “powszechne pogłówne” and “akcyza” taxes. The article also attempts to point out the causes of the economic crisis of the treasury.