STRUCTURAL FUNDS AND ROMANIAN NEETS 2007-2013

Sergiu Vlad Petcu and Ioan Lala Popa
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Sergiu Vlad Petcu: Faculty of Economics and Business Administration, West University of Timișoara, Romania
Ioan Lala Popa: Faculty of Economics and Business Administration, West University of Timișoara, Romania

SEA - Practical Application of Science, 2015, issue 7, 451-456

Abstract: If the entire class of young NEETs would be integrated into work, Romania's GDP would increase by 2%. Faulty implementation of SOP HRD 2007-2013 failed to combat the economic crisis. Thus, at the end of 2013 Romania had over 400,000 young people NEET. In addition to short-term effect of inactivation of the potential workforce, due to aging demographics, the effects of the lack of activity of this category will create a series of negative problems in the social contributions sector. Romania is offered another chance by the Youth Guarantee Scheme and by the Human Capital Operational Programme 2014-2020, but the country must prove having learned from previous experience. The 2007-2013 period shown that good planning in terms of indicators far not guarantee success. Effective implementation of projects and supporting project beneficiaries will sustainable reduce the number of NEETs.

Keywords: NEET; Structural funds; Youth Employment; SOP HRD Management (search for similar items in EconPapers)
JEL-codes: J01 J11 J21 M54 O51 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2015:i:7:p:451-456

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