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Will Romania Overcome Underdevelopment

Author

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  • Țâra Sergiu

    (“Politehnica†University of Bucharest)

Abstract

Human Development Index is used to compare the life expectancy, literacy, educational systems and welfare of population from different countries. The instrument offers the possibility for more accurate analyses than GDP, focused especially on financial situation. The paper analyses the situation of Eastern Europe countries, with special focus on Romania, according to the data available in the last report, Human Development Report 2016: Human Development for Everyone. Using a comparative approach with the developed countries, the article points out the progresses made in the last century in the field of those economic and social indicators, especially after the accession to EU. In conclusion, Romania is currently occupying a much better position in terms of economic indicators than in terms of the social ones, which makes gradual economic evolution not to affect all social categories, causing a strong social polarization, becoming one of the most uneven countries in the European Union.

Suggested Citation

  • Țâra Sergiu, 2017. "Will Romania Overcome Underdevelopment," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 342-347, December.
    • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:2:p:342-347
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/2017-2/Section%20III/35.pdf
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    More about this item

    Keywords

    Human Development Index; life expectancy; educational attainment; social inequalities; welfare;
    All these keywords.

    JEL classification:

    • N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative

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