In the latest literature on the subject, one can notice an increase in interest in direct de- mocracy on the one hand, and on the other – a clear increase in the skepticism of research- ers towards the idea of making binding and important decisions for the state by popu- lar vote. The purpose of this article is to present and analyze the latest views of foreign doctrine of constitutional law (and, in addition: political science) about the institution of the referendum and to compare them with the (general) analysis of the legal regula- tion of this institution in Poland, as well as to present the real impact of referendums on the decision-making process and public policies in Poland. As a result, an attempt will be made to assess the Polish legal regulation of referendum institutions in terms of their effectiveness on the one hand, and potential threats (or resistance to threats) to the democratic order on the other. Although direct democracy, and especially a referen- dum, have a wide range of critics in the scientific community accusing it of even being anti-democratic, radical proposals calling for the complete abolition of referendums are rare. The postulates of appropriate changes in the legal regulation concerning the ref- erendum prevail in order to make it resistant to dangerous modern phenomena: popu- lism, political cynicism, manipulation and propaganda. The implementation of all pos- tulates for changes reported by representatives of science will be very difficult. Noticing this fact may cause that the referendum will become a decision-making procedure very rarely launched. This seems to be the intention of researchers who submit their propos- als and reservations – that direct democracy should be only an exception to representa- tive democracy and that the former should not be used against the latter.