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Considerations on Several Ways of Evolution of Public Pension System in Romania After 1990

Author

Listed:
  • Colomeischi Tudor

    (Stefan cel Mare University, Faculty of Economics and Public Administration, Suceava, Romania)

  • Iancu aEugenia

    (Stefan cel Mare University, Faculty of Economics and Public Administration, Suceava, Romania)

Abstract

After 1989, all the countries of Central and Eastern Europe, including Romania, faced with a growing imbalance between the resources available and the necessary ones to ensure the benefits. Social reforms in most areas had a slow and difficult evolution, exerting a negative impact on the social protection system in Romania, severely affected by the economic crisis and the transition to a market economy. In the 90s it was intended, in particular, improving the existing legal framework and, to a negligible extent, radically reforming the social protection system.

Suggested Citation

  • Colomeischi Tudor & Iancu aEugenia, 2014. "Considerations on Several Ways of Evolution of Public Pension System in Romania After 1990," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 149-157, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:149-157
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/ANALE%20vol%2014%20issue_2_2014.pdf
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    More about this item

    Keywords

    pension; public pension system; contributions; social insurance; net income replacement rates in retirement; the pension point.;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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