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Regulation of Romania’s Labor Market between Flexibility and Security – Present Trends


  • Costin Daniel AVRAM

    (University of Craiova)


Romania's new Labor Code adopted by Law 40/2011 and published in the Official Gazette no. 225/31.03.2011 has highlighted the polarization of positions expressed by the Government – Employers Associations - Unions. Debates on the new Labor Code led to the conclusion that flexicurity does not get the proper attention and thus the balance between flexicurity and security, which can already be observed in developed countries, is far from being pursued and realized by the social partners involved in regulating the labor market in Romania.

Suggested Citation

  • Costin Daniel AVRAM, 2011. "Regulation of Romania’s Labor Market between Flexibility and Security – Present Trends," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(13), pages 198-203, December.
  • Handle: RePEc:aio:fpvfcf:v:1:y:2011:i:13:p:198-203

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    References listed on IDEAS

    1. Sebastian Edwards, 2001. "Capital Mobility and Economic Performance: Are Emerging Economies Different?," NBER Working Papers 8076, National Bureau of Economic Research, Inc.
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    More about this item


    labor market; flexibility; security; labor code;

    JEL classification:

    • J00 - Labor and Demographic Economics - - General - - - General
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General


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