Will Romania Overcome Underdevelopment

Țâra Sergiu ()
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Țâra Sergiu: “Politehnica†University of Bucharest

Ovidius University Annals, Economic Sciences Series, 2017, vol. XVII, issue 2, 342-347

Abstract: Human Development Index is used to compare the life expectancy, literacy, educational systems and welfare of population from different countries. The instrument offers the possibility for more accurate analyses than GDP, focused especially on financial situation. The paper analyses the situation of Eastern Europe countries, with special focus on Romania, according to the data available in the last report, Human Development Report 2016: Human Development for Everyone. Using a comparative approach with the developed countries, the article points out the progresses made in the last century in the field of those economic and social indicators, especially after the accession to EU. In conclusion, Romania is currently occupying a much better position in terms of economic indicators than in terms of the social ones, which makes gradual economic evolution not to affect all social categories, causing a strong social polarization, becoming one of the most uneven countries in the European Union.

Keywords: Human Development Index; life expectancy; educational attainment; social inequalities; welfare (search for similar items in EconPapers)
JEL-codes: N30 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xvii:y:2017:i:2:p:342-347

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