THE CLASH OF JOHN MAYNARD KEYNES AND MILTON FRIEDMAN ECONOMIC PERSPECTIVES - DEVELOPMENT DILEMMAS OF THE WOOD-BASED SECTOR IN POLAND IN TIME OF CRISIS

Entities participating in the wood-based sector in Poland have to adapt to the special organization of the industry-based wood market, where institutional regulations intertwine with elements of free market regulations. Also in such conditions, an optimal strategy for the development of the industry is sought, especially in times of crisis. Such an attempt was made in this paper, referring to the most frequently discussed theoretical approaches to mesoeconomics, referring to the theories of John Maynard Keynes and Milton Friedman, stereotypically considered to be contradictory or even mutually exclusive. As a result of the analysis, however, it turned out that the verified views are more complementary than opposing, and the Polish wood-based sector is looking for its own, individual development strategy, drawing on the achievements of both eminent economists.