IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v17y2023i1p352-363n50.html
   My bibliography  Save this article

The Evolution of Economic Disparities in Romania during the COVID-19 Pandemic: A Comparative Analysis of Pre-Existing and Emerging Challenges

Author

Listed:
  • Antonia Mihai

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Simion Luciana

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

The COVID-19 pandemic has had significant impacts on Romania, exacerbating existing inequalities in the country. Economic disparities between counties were deepened, with counties with higher GDP per capita and diverse economic activities faring better than those with lower GDP per capita and narrow economic activities. The pandemic also led to a decline in population numbers, with most counties in the historical regions of Muntenia and Moldova experiencing below-average declines. In addition, the pandemic had a significant impact on the average life expectancy in Romania, highlighting the need for targeted policies and interventions to address these regional inequalities. Lastly, the pandemic negatively affected labor force participation rates in Romania, further highlighting the need for policymakers to implement measures to encourage more individuals to enter and remain in the labor market, particularly in regions with lower participation rates.

Suggested Citation

  • Antonia Mihai & Simion Luciana, 2023. "The Evolution of Economic Disparities in Romania during the COVID-19 Pandemic: A Comparative Analysis of Pre-Existing and Emerging Challenges," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 17(1), pages 352-363, July.
    • Handle: RePEc:vrs:poicbe:v:17:y:2023:i:1:p:352-363:n:50
    DOI: 10.2478/picbe-2023-0035
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2023-0035
    Download Restriction: no
    File URL: https://libkey.io/10.2478/picbe-2023-0035?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Jonas Schöley & José Manuel Aburto & Ilya Kashnitsky & Maxi S. Kniffka & Luyin Zhang & Hannaliis Jaadla & Jennifer B. Dowd & Ridhi Kashyap, 2022. "Life expectancy changes since COVID-19," Nature Human Behaviour, Nature, vol. 6(12), pages 1649-1659, December.
    2. Linh Tu Ho & Christopher Gan, 2021. "Foreign Direct Investment and World Pandemic Uncertainty Index: Do Health Pandemics Matter?," JRFM, MDPI, vol. 14(3), pages 1-15, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ekaterina Koroleva & Maxim Kopeykin, 2022. "Understanding of Macro Factors That Affect Yield of Government Bonds," Risks, MDPI, vol. 10(8), pages 1-10, August.
    2. Kozlov Vladimir & Pahomii Irina & Gagauz Olga & Šmit Jelena, 2024. "Covid-19 Mortality Shock: Demographic and Economic Losses in Moldova," Comparative Southeast European Studies, De Gruyter, vol. 72(1), pages 135-148, March.
    3. Shah, Syed Faisal & Albaity, Mohamed, 2022. "The role of trust, investor sentiment, and uncertainty on bank stock return performance: Evidence from the MENA region," The Journal of Economic Asymmetries, Elsevier, vol. 26(C).
    4. Ferry Syarifuddin & Maman Setiawan, 2021. "Capital Flow Amid The Covid-19 Pandemic: Cross-Country Contagion Effect Among Asean5 And Projection Of The Impacts For The Indonesian Economy," Working Papers WP/08/2021, Bank Indonesia.
    5. Wen Su & Vladimir Canudas-Romo, 2024. "Cross-sectional Average Length of Life Entropy ( $${\mathcal{H}}_{\text{CAL}}$$ H CAL ): International Comparisons and Decompositions," European Journal of Population, Springer;European Association for Population Studies, vol. 40(1), pages 1-23, December.
    6. Botshekan , Mohammad Hashem & Takaloo , Amir & H. soureh , Reza & Abdollahi Poor , Mohammad Sadegh, 2021. "Global Economic Policy Uncertainty (GEPU) and Non-Performing Loans (NPL) in Iran's Banking System: Dynamic Correlation using the DCC-GARCH Approach," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 16(2), pages 187-212, June.
    7. Md. Bokhtiar Hasan & Masnun Mahi & Tapan Sarker & Md. Ruhul Amin, 2021. "Spillovers of the COVID-19 Pandemic: Impact on Global Economic Activity, the Stock Market, and the Energy Sector," JRFM, MDPI, vol. 14(5), pages 1-18, May.
    8. Sinem Koçak & Özge Barış-Tüzemen, 2022. "Impact of the COVID-19 on foreign direct investment inflows in emerging economies: evidence from panel quantile regression," Future Business Journal, Springer, vol. 8(1), pages 1-12, December.
    9. Abdulazeez Y.H. Saif-Alyousfi, 2024. "COVID-19 and SMEs deposits with commercial banks: evidence from African economies," Financial Economics Letters, Anser Press, vol. 3(1), pages 81-94, March.
    10. Constantin Anghelache & Madalina Gabriela Anghel & Stefan Virgil Iacob, 2022. "The Social - Economic State Of Romania Under The Impact Of Crisis," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 29-39, August.
    11. Ferry Syarifuddin & Maman Setiawan, 2022. "The Relationship between COVID-19 Pandemic, Foreign Direct Investment, and Gross Domestic Product in Indonesia," Sustainability, MDPI, vol. 14(5), pages 1-16, February.
    12. Oliver E. Ogbonna & Jonathan E. Ogbuabor & Charles O. Manasseh & Davidmac O. Ekeocha, 2022. "Global uncertainty, economic governance institutions and foreign direct investment inflow in Africa," Economic Change and Restructuring, Springer, vol. 55(4), pages 2111-2136, November.
    13. Emrah Kocak & Fevzi Okumus & Mehmet Altin, 2023. "Global pandemic uncertainty, pandemic discussion and visitor behaviour: A comparative tourism demand estimation for the US," Tourism Economics, , vol. 29(5), pages 1225-1250, August.
    14. repec:bba:j00007:v:2:y:2024:i:3:p:37-50:d:279 is not listed on IDEAS
    15. Mikolai, Júlia & Dorey, Peter & Keenan, Katherine & Kulu, Hill, 2023. "Spatial patterns of COVID-19 and non-COVID-19 mortality across waves of infection in England, Wales, and Scotland," Social Science & Medicine, Elsevier, vol. 338(C).
    16. Kashnitsky, Ilya & Trias-Llimós, Sergi & Villavicencio, Francisco, 2023. "Urban and rural disparities in life expectancy drops during the COVID-19 pandemic were not uniform across European countries," OSF Preprints 7rwck, Center for Open Science.
    17. Ghulam Ghouse & Muhammad Ishaq Bhatti & Muhammad Hassam Shahid, 2022. "Impact of COVID-19, Political, and Financial Events on the Performance of Commercial Banking Sector," JRFM, MDPI, vol. 15(4), pages 1-18, April.
    18. Zhao, Kai & Mo, Minjie & Shen, Jun, 2024. "Pandemics and FDI inflows: The role of infrastructures," International Review of Economics & Finance, Elsevier, vol. 93(PA), pages 552-566.
    19. Mensi, Walid & Gubareva, Mariya & Teplova, Tamara & Kang, Sang Hoon, 2023. "Spillover and connectedness among G7 real estate investment trusts: The effects of investor sentiment and global factors," The North American Journal of Economics and Finance, Elsevier, vol. 66(C).
    20. Veselina Shalamanova & Sonia Georgieva, 2023. "The Impact of External Shocks on the Bulgarian and Croatian Economies: Historical and Contemporary Aspects," Proceedings of the Centre for Economic History Research, Centre for Economic History Research, vol. 8, pages 252-262, November.
    21. Jamiu Olamilekan Badmus & Sodiq Olaide Bisiriyu & Oluwadamilola Samuel Alawode, 2022. "Does COVID-19 shock endanger the flows of FDI in OECD? Empirical evidence based on AMG panel estimator," Future Business Journal, Springer, vol. 8(1), pages 1-14, December.

    Corrections

    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:vrs:poicbe:v:17:y:2023:i:1:p:352-363:n:50. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.