Not infrequently, recently, we see statistics or statements by political leaders who boast of certain figures related to the economy, which should make us happy. The problem is that we have no way to feel any sense of admiration until those numbers are reflected in our daily living standards.
The latest statistics show that Romania has managed to overcome the danger of a recession, in a turbulent period at the international level, but also to fight effectively with inflation, which has started to decrease.
Why do we feel that we are impoverishing, although the politicians tell us that Romania is going in the right direction
In numbers, unemployment also shows that it is under control, and economic growth places us well in the hierarchy of the European Union.
Where is the problem?
Well, the average Romanian is not consoled by these statistical data, as long as he does not see any improvement in his daily life, as long as he does not feel that those economic reports add value to his standard of living.
More recently, the most recent data tell us that Romania has reached Portugal and Hungary in terms of GDP per inhabitant.
“In the long term, the GDP per capita can have a growth trend only if it is accompanied by an increase in labor productivity. The Eurostat data analyzed by our team show that Romania had the highest growth rate of this indicator in the last 20 years among all EU member countries in the Eastern European region”, explained Szász Levente, quoted by Adevărul.
“The increase in the average standard of living is only an average value, but in reality this increase manifested itself differently in different regions of the country, in different sectors of the economy or among different social categories of the population. And these discrepancies lead to social tensions that can distort our perception of the country’s overall economic progress in recent decades,” says the RoEM team.
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