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The Importance and Role of Social Policy in Maintaining Macroeconomic Stability

In: Financial Sustainability of Pension Systems

Author

Listed:
  • Stefania Amalia Jimon

    (Vasile Goldis Western University of Arad)

  • Florin Cornel Dumiter

    (Vasile Goldis Western University of Arad)

  • Nicolae Baltes

    (Lucian Blaga University of Sibiu)

Abstract

Pension systems have the role of reducing the financial risk associated with the loss of the ability to carry out professional activities for income, a risk that determines poverty and is associated with severe material deprivation. The objective of this chapter is to emphasize the role of social policy in society and in macroeconomic policies in order to maintain socioeconomic stability and promote sustainable economic growth.

Suggested Citation

  • Stefania Amalia Jimon & Florin Cornel Dumiter & Nicolae Baltes, 2021. "The Importance and Role of Social Policy in Maintaining Macroeconomic Stability," Financial and Monetary Policy Studies, in: Financial Sustainability of Pension Systems, chapter 0, pages 133-141, Springer.
    • Handle: RePEc:spr:fimchp:978-3-030-74454-0_7
    DOI: 10.1007/978-3-030-74454-0_7
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