IDEAS home Printed from https://ideas.repec.org/a/aio/rteyej/v1y2007i7p17-26.html
   My bibliography  Save this article

Is Romania Ready For The Introducing The Pension System Reform? Comparative Results With The European Countries

Author

Listed:
  • Dracea Raluca
  • Cristea Mirela

    (University of Craiova Faculty of Economy and Business Administration Craiova, Romania)

Abstract

In the last six years, Romanian pension system was confronted with many legislative projects regarding the implementation of private pension. At this moment, we can say that the background for implementation the private pension is quite established. Romania should approach the matter of globalization taking into account the financial oscillation, where the retirement funds system has an important role, as a part of it. In addition, considering the high ratio between the number of pensioners and that of active persons, respectively 4.5 million of pensioners to 6 million of employees, the need for a process of restoration of the pension system in Romania, at the same time with the creation of a specific culture for the large audience, is obvious.

Suggested Citation

  • Dracea Raluca & Cristea Mirela, 2007. "Is Romania Ready For The Introducing The Pension System Reform? Comparative Results With The European Countries," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(7), pages 17-26, April.
  • Handle: RePEc:aio:rteyej:v:1:y:2007:i:7:p:17-26
    as

    Download full text from publisher

    File URL: http://feaa.ucv.ro/RTE/007-2.pdf
    Download Restriction: no

    More about this item

    Keywords

    pension reform; structure of pension system; the public system; the private pension; results and comparison;

    JEL classification:

    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aio:rteyej:v:1:y:2007:i:7:p:17-26. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ionascu Costel). General contact details of provider: http://edirc.repec.org/data/fecraro.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.