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Constantin Ciutacu, Luminita Chivu () and John Hurley ()
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John Hurley: European Foundation for the Improvement of Living and Working Conditions

Romanian Journal of Economics, 2008, vol. 26, issue 1(35), 64-77

Abstract: In Romania, gross domestic product dropped from a total of € 48.75 billion in 1989 to € 40.28 billion in 2000, and after 2002 a significant increase reached over € 79 billion in 2005. The overall decrease in the number of employed persons by 2.56 million people, between 1989 and 2005, led to an increase in productivity of around €1,222 per employed person – representing 28.4% of the total productivity increase. A central factor of work–life balance policies is the issue of time. However, for many Romanians ‘time is money’, and the low level of income earned by the majority of Romanian workers means that the issue of free time tends to be a low priority. Such issues represent particular features of working time in Romania and imply a very specific perspective in terms of the balance between working life and family life.

Keywords: Economic trends; Wage; Households Income; Work-life balance (search for similar items in EconPapers)
JEL-codes: J6 J8 (search for similar items in EconPapers)
Date: 2008
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Handle: RePEc:ine:journl:v:1:y:2008:i:26:p:64-77