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ECONOMIC MEASURES TO COMBAT INEQUALITIES IN THE 21st CENTURY

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  • Diana Georgiana Bucatar

    (Stefan cel Mare University of Suceava, Romania)

Abstract

The great income and wealth inequalities within the EU but also globally is the most important economic and social challenge for the 21st century and should be addressed by taking appropriate measures at national level, with support actions at European level. Our article aims to reflect that attention must also be paid to wealth inequalities. We propose to present the reasons for these inequalities and the factors that determine them and to analyze several political decisions taken to address them. The hypothesis launched in debate by this article states that the most important instrument at the disposal of the Member States to promote the fair distribution of value added, for the society as a whole, is fiscal policy and the active labor market policies, that contribute to facilitate the transition between education, training and professional life, should occupy a central place, next to policies governing taxation and social transfers.

Suggested Citation

  • Diana Georgiana Bucatar, 2020. "ECONOMIC MEASURES TO COMBAT INEQUALITIES IN THE 21st CENTURY," The USV Annals of Economics and Public Administration, Stefan cel Mare University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 20(1(31)), pages 64-70, June.
    • Handle: RePEc:scm:usvaep:v:20:y:2020:i:1(31):p:64-70
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