The Economic and Social Effects of Unemployment in Romania

Sorin Burlacu, Amelia Diaconu, Evelina Petronela Balu and Iulian Gole
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Sorin Burlacu: Bucharest University of Economic Studies, Romania
Amelia Diaconu: Artifex University, Romania
Evelina Petronela Balu: Bucharest University of Economic Studies, Romania
Iulian Gole: Bucharest University of Economic Studies, Romania

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2021, vol. 22, issue 1, 21-27

Abstract: Unemployment is considered as a negative element of economic development that affects in varying proportions all countries, especially those underdeveloped and those in transitions to the market economy. This paper presents the Economic and Social Effects of Unemployment in Romania, where we presented the unemployment in the contemporary world, its typology and its measurement, namely: the evolution of the number of unemployed, a rate of unemployment and its structure in Romania. Unemployment has become a problem, along with industrial development, since the second half of the 18th century, in times of recession, when industrial enterprises shrank their production and therefore released a large number of workers who became unemployed. In Romania, unemployment is partly due to the transformation of the structure of a national economy, according to the criterion of efficiency, in order to adapt to the competitive environment.

Keywords: comparative administrative systems; parliament; transfer of good practices; know-how. (search for similar items in EconPapers)
JEL-codes: D73 D78 H83 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:22:y:2021:i:1:p:21-27

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