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INSIGHTS ON THE COMPETITIVENESS OF THE ROMANIAN LABOUR MARKET. A DESCRIPTION OF THE POVERTY STATE AND THE EFFECTIVENESS OF SOCIAL TRANSFERS (International Conference “EUROPEAN PERSPECTIVE OF LABOR MARKET - INOVATION, EXPERTNESS, PERFORMANCE”)

Adrian Cantemir Calin and Oana Popovici

Institute for Economic Forecasting Conference Proceedings from Institute for Economic Forecasting

Abstract: In this paper, we assess the poverty state and the effectiveness of social transfers in Romania and in other three neighbouring countries (Bulgaria, the Czech Republic, Croatia and Poland) as compared to the EU average with the aim to provide measures for improving the social protection system in our country. We find that Romania is the second country in the EU as regards the people at risk of poverty or social exclusion and has the lowest threshold for risk of poverty in the entire EU, of 103.33 euro per month. Unfortunately, the social transfers are not effective for solving the poverty problem and the spending on social assistances cannot be increased, as it represents already over one third of the revenues of the state budget.

Keywords: poverty; social transfers; Romania; European Union (search for similar items in EconPapers)
JEL-codes: C40 I31 I38 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eec and nep-tra
Date: 2015-05
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Persistent link: https://EconPapers.repec.org/RePEc:rjr:wpconf:141112

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