Conditions of Work and Employment Series No. 51

The largest drop in income inequality in the European Union during the Great Recession: Romania’s puzzling case

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The largest decrease in income inequality among EU member states in the recent recession was registered in Romania, a 4.5 point drop in the Gini coefficient between 2007 and 2010. The country experienced a severe economic downturn and some of the toughest austerity measures among EU member states.

Type:	Working paper
Date issued:	14 October 2014
Reference:	2226-8944[ISSN]
Authors:	Ciprian Domnisoru

ILO

Advancing social justice, promoting decent work

ILO is a specialized agency of the United Nations

The largest drop in income inequality in the European Union during the Great Recession: Romania’s puzzling case