Abstract

In order to observe the imbalances in the standard of living of the population in Romania, starting with 1990, within the Institute for Research on the Quality of Life, the value of two types of consumer baskets is calculated: minimum decent and subsistence, based on the normative method. This theoretical tool serves to evaluate the real purchasing power of different types of income, to cover the necessary expenses to satisfy consumption needs, on different types of family structures, in urban and rural environments. The most important problems reported by Romanian citizens are related to price increases and the country’s economic situation. 43% of Romanians consider price dynamics to be the biggest problem, and 27% consider the economic situation to be an important problem for the country

Keywords

imbalance, income, expenditure, purchasing power, consumer basket, minimum decent consumption, subsistence consumption