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Social Security in Times of Crisis


  • Utureanu Simona-Luize

    () („Ovidius” University of Constanta, Faculty of Economic Sciences)


The combination of slow economic growth and the effects of accelerating population ageing had a big impact on the social and economic environment. But despite this, in the recent period could be observed that the social security systems best able to manage the crisis’ social and economic impacts were of those countries which had comprehensive social security programmes already in place (Bonnet, Ehmke and Hagemejer, 2010). These programmes not only provided policy-makers with immediate responses to help sustain aggregate demand, but also provided a greater choice of instruments with which to reach out, sometimes selectively, to different population groups at risk.

Suggested Citation

  • Utureanu Simona-Luize, 2011. "Social Security in Times of Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 1317-1320, May.
  • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:1317-1320

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    More about this item


    social security; private pension; pension funds; financial crisis;

    JEL classification:

    • E - Macroeconomics and Monetary Economics
    • J - Labor and Demographic Economics


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