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Structural Funds And Romanian Neets 2007-2013

Author

Listed:
  • Sergiu Vlad PETCU

    (Faculty of Economics and Business Administration, West University of Timișoara, Romania)

  • Ioan Lala POPA

    (Faculty of Economics and Business Administration, West University of Timișoara, Romania)

Abstract

If the entire class of young NEETs would be integrated into work, Romania's GDP would increase by 2%. Faulty implementation of SOP HRD 2007-2013 failed to combat the economic crisis. Thus, at the end of 2013 Romania had over 400,000 young people NEET. In addition to short-term effect of inactivation of the potential workforce, due to aging demographics, the effects of the lack of activity of this category will create a series of negative problems in the social contributions sector. Romania is offered another chance by the Youth Guarantee Scheme and by the Human Capital Operational Programme 2014-2020, but the country must prove having learned from previous experience. The 2007-2013 period shown that good planning in terms of indicators far not guarantee success. Effective implementation of projects and supporting project beneficiaries will sustainable reduce the number of NEETs.

Suggested Citation

  • Sergiu Vlad PETCU & Ioan Lala POPA, 2015. "Structural Funds And Romanian Neets 2007-2013," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 7, pages 451-456, April.
    • Handle: RePEc:cmj:seapas:y:2015:i:7:p:451-456
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    More about this item

    Keywords

    NEET; Structural funds; Youth Employment; SOP HRD Management;
    All these keywords.

    JEL classification:

    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada

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