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East-West Disparities on the Romanian Labor Market under the Influence of Globalization and Entrepreneurship

Author

Listed:
  • Bogdan Chiripuci
  • Mădălina Elena Deaconu
  • Marius Constantin
  • Albert Scrieciu

Abstract

The East-West Romanian labor market disparities occurred and have been amplified by the rapid regional economic progress based on entrepreneurial spirit, corroborated with specific market opportunities. The end of the second millenium marked the liberalization of the Romanian labor market due to the transition from the planned economy to the open economy. As a result of this transition, the economic globalization phenomenon occurred and shaped Romania, both positively and negatively. However, at the beginning of the twenty-third century, some Romanian economic sectors are facing serious issues as far as the labor force is concerned, or rather the lack of labor force. The objective of this research paper was to explore the East-West Romanian labor market disparities under the influence of globalization and entrepreneurship through the lens of socio-economic indicators. Results confirm that the Eastern Romania is encountering serious labor issues with direct effect on particular economic sectors.

Suggested Citation

  • Bogdan Chiripuci & Mădălina Elena Deaconu & Marius Constantin & Albert Scrieciu, 2021. "East-West Disparities on the Romanian Labor Market under the Influence of Globalization and Entrepreneurship," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 24(80), pages 43-58, June.
    • Handle: RePEc:rej:journl:v:24:y:2021:i:80:p:43-58
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    References listed on IDEAS

    as
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    2. Valeria Guarneros‐Meza & Mike Geddes, 2010. "Local Governance and Participation under Neoliberalism: Comparative Perspectives," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 34(1), pages 115-129, March.
    3. Leontaridi, Marianthi Rannia, 1998. "Segmented Labour Markets: Theory and Evidence," Journal of Economic Surveys, Wiley Blackwell, vol. 12(1), pages 63-101, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    labor market; globalization; entrepreneurship; regional disparities;
    All these keywords.

    JEL classification:

    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General

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