IDEAS home Printed from
   My bibliography  Save this article

Comments on the Law of Social Economy - no. 219/2015 from Economic Efficiency and Ethics Points of View


  • Violeta Stanciu Chiriloaie

    () (University of Agronomic Sciences and Veterinary Medicine, Bucharest)


The Law on Social Economy was recently enacted in Romania (August 2015), followed by its related enforcement guidelines, one year later (august 2016). Hereinafter, I have analysed the way in which this legislative document defines the Third Sector compared to previous definitions given by national legislation and the directions set out by the European Union. Even though the law complies with European definitions and criteria, the impact of this legislative initiative will depend, in my opinion, on classic Social Economy aspects (which occurred in the 19th century) which are not, however, stressed by the Law no. 219/2015: economic efficiency of social enterprises, the significance of complying with moral values, not just social goals, in the practice of economy, the self-help and entrepreneurial spirit which must be developed among the members themselves of vulnerable groups involved. This article points out the possible traps of the adopted approach and proposes a wider view over the social purpose that Social Economy could serve.

Suggested Citation

  • Violeta Stanciu Chiriloaie, 2016. "Comments on the Law of Social Economy - no. 219/2015 from Economic Efficiency and Ethics Points of View," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 12(2), pages 43-49, December.
  • Handle: RePEc:rse:wpaper:v:12:y:2016:i:2:p:43-49

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Romanian Law of Social Economy; Social economy; Social Enterprise; Cooperative; Associations; Foundations; Mutuals;

    JEL classification:

    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets


    Access and download statistics


    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:rse:wpaper:v:12:y:2016:i:2:p:43-49. 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: (Manuela Epure). General contact details of provider: .

    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.