Social protection systems and economic growth

Dorina Ghețan and Ada Paierele
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Dorina Ghețan: Bucharest University of Economic Studies, Romania
Ada Paierele: Bucharest University of Economic Studies, Romania

Theoretical and Applied Economics, 2020, vol. XXVII, issue 3(624), Autumn, 5-20

Abstract: Social protection is one of the many social policy interventions that can contribute to achieving the overall goal of poverty reduction, also having a significant economic and social impact. This article mainly aims to examine how social protection systems address certain societal issues in order to contribute to the general well-being. Also, using a panel data model, our paper measure the impact of social protection expenditures, economic growth and income inequality on poverty rate among five Central and Eastern European countries: Romania, Bulgaria, Czech Republic, Poland and Hungary.

Keywords: social policy; economic growth; income inequalities; poverty. (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:3(624):y:2020:i:3(624):p:5-20

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