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Theoretical and Applied Economics
No. 3 / 2020 (624), Autumn

Social protection systems and economic growth

Dorina GHEȚAN
Bucharest University of Economic Studies, Romania
Ada PAIERELE
Bucharest University of Economic Studies, Romania

Abstract. Social protection is one of the many social policy interventions that can contribute to achieving the overall goal of poverty reduction, also having a significant economic and social impact. This article mainly aims to examine how social protection systems address certain societal issues in order to contribute to the general well-being. Also, using a panel data model, our paper measure the impact of social protection expenditures, economic growth and income inequality on poverty rate among five Central and Eastern European countries: Romania, Bulgaria, Czech Republic, Poland and Hungary.

Keywords: social policy, economic growth, income inequalities, poverty.

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016

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