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Reducing Inequality Makes Societies Stronger

Author

Listed:
  • Ciprian ALEXANDRU

    (Faculty of Economics, Ecological University of Bucharest)

  • Nicoleta CARAGEA

    (Faculty of Economics, Ecological University of Bucharest)

Abstract

The crisis has increased income inequality of the world populations, delaying economic recovery and, by default, the jobs creation at world level. Solving social problems, particularly those related to employment, innovation, education, social inclusion, seen from the perspective of the European Union, results in the five overarching objectives laid down in the Europe 2020 strategy. Member States have adopted their own national targets for each of these areas. To achieve those objectives, substantial efforts will be needed to be made in the coming years within all EU Member States, in a context of severe budgetary constraints caused by the recent economic and social developments. This paper provides an overview of the main indicators that characterise poverty and inequality of Romanian population with some regards at international context.

Suggested Citation

  • Ciprian ALEXANDRU & Nicoleta CARAGEA, 2016. "Reducing Inequality Makes Societies Stronger," Working papers 02, Ecological University of Bucharest, Department of Economics.
    • Handle: RePEc:eub:wpaper:2016-02
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    References listed on IDEAS

    as
    1. Wilkinson, Richard G & Pickett, Kate E., 2006. "Income inequality and population health: A review and explanation of the evidence," Social Science & Medicine, Elsevier, vol. 62(7), pages 1768-1784, April.
    2. Federico Cingano, 2014. "Trends in Income Inequality and its Impact on Economic Growth," OECD Social, Employment and Migration Working Papers 163, OECD Publishing.
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    More about this item

    Keywords

    inequality; poverty; risk of poverty; income;
    All these keywords.

    JEL classification:

    • D60 - Microeconomics - - Welfare Economics - - - General
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General

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