Publication:
Romania : Diagnostic Review of Consumer Protection and Financial Literacy, Volume 2. Comparison against Good Practices

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dc.contributor.authorWorld Bank
dc.date.accessioned2013-03-25T20:06:10Z
dc.date.available2013-03-25T20:06:10Z
dc.date.issued2009-07
dc.description.abstractThe diagnostic review on consumer protection and financial literacy in Romania is the fourth in a World Bank-sponsored pilot program to assess consumer protection and financial literacy in developing and middle-income countries. The objective of this review are three-fold to: (1) refine a set of good practices for assessing consumer protection and financial literacy, including financial literacy; (2) conduct a review of the existing rules and practices in Romania compared to the good practices; and (3) provide recommendations on ways to improve consumer protection and financial literacy in Romania. The diagnostic review was prepared at the request of National Authority for Consumers Protection (ANPC), whose request was endorsed by the Ministry of Economy and Finance. Support was provided by the National Bank of Romania (BNR), which supervises banks and non-bank credit institutions. Further assistance was given by supervisory commissions for securities (CNVM), insurance (CSA) and private pensions (CSSPP). Volume one notes the importance of consumer protection and finical literacy, provides statistics on the size and growth of the retail financial sector in Romania, describes the EU and Romanian strategies on consumer protection and financial literacy, and sets out the key finding and recommendations of the review. Annex one lists all recommendation in the diagnostic review from both volumes and notes which recommendations relate to European Union (EU) Directives or European Commission (EC) recommendations and which are taken from the good practices annex two provides two sample consumer protection code: one for the banking securities, insurance and pensions sectors; and another for non-bank credit institutions. Annex three lists the key lawn and institutions related to financial consumer protection in Romania and annex four indicates which Romanian laws have incorporated the EU Directives on financial consumer protection. Volume two provides: (1) a detailed analysis of the key consumer protection issues in five segments of financial sector - banking, securities, insurance, private pensions, and non-bank credit intuitions; (2) an assessment of the Romanian consumer protection framework and practices compared to the template of good practices; and (3) a brief survey of financial literacy programs worldwide.en
dc.identifierhttp://documents.worldbank.org/curated/en/2009/07/16366794/romania-diagnostic-review-consumer-protection-financial-literacy-vol-2-2-comparison-against-good-practices
dc.identifier.doi10.1596/12916
dc.identifier.urihttps://hdl.handle.net/10986/12916
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO EDUCATION
dc.subjectACCOUNTING
dc.subjectADULT LITERACY
dc.subjectADULT POPULATION
dc.subjectAGE GROUP
dc.subjectAGRICULTURAL EMPLOYMENT
dc.subjectAGRICULTURAL PRODUCTIVITY
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectAGRICULTURAL SECTOR
dc.subjectAGRICULTURAL WAGE
dc.subjectAGRICULTURAL WORKERS
dc.subjectBASIC EDUCATION
dc.subjectCASH CROPS
dc.subjectCHILD LABOR
dc.subjectCHILD MORTALITY
dc.subjectCHILD MORTALITY RATE
dc.subjectCOMPARABILITY ISSUES
dc.subjectCOST EFFECTIVENESS
dc.subjectCRISES
dc.subjectCROWDING OUT
dc.subjectDEMOGRAPHIC PRESSURES
dc.subjectDEPENDENCY RATIOS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDISCRIMINATION
dc.subjectDROUGHT
dc.subjectEARNING
dc.subjectEARNINGS GROWTH
dc.subjectEARNINGS INEQUALITY
dc.subjectECONOMIC CONDITIONS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC VOLATILITY
dc.subjectEDUCATION SYSTEMS
dc.subjectEMPLOYMENT
dc.subjectEMPLOYMENT CREATION
dc.subjectEMPLOYMENT DYNAMICS
dc.subjectEMPLOYMENT GROWTH
dc.subjectEMPLOYMENT INCREASE
dc.subjectEQUAL ACCESS
dc.subjectEXPORT PROCESSING ZONES
dc.subjectEXTREME POVERTY
dc.subjectFAMILY LABOR
dc.subjectFAMILY PLANNING
dc.subjectFARM ACTIVITIES
dc.subjectFARM ACTIVITY
dc.subjectFARM INCOME
dc.subjectFINANCIAL MARKETS
dc.subjectFIRM GROWTH
dc.subjectFIRM SIZE
dc.subjectFOOD CONSUMPTION
dc.subjectFOOD INSECURITY
dc.subjectFOOD SECURITY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFORMAL EDUCATION
dc.subjectFULL EMPLOYMENT
dc.subjectGENDER DIFFERENCES
dc.subjectGENDER DISPARITIES
dc.subjectGENDER GAP
dc.subjectGENDER ISSUES
dc.subjectGREEN REVOLUTION
dc.subjectHIGH EMPLOYMENT
dc.subjectHIGH POPULATION GROWTH
dc.subjectHOUSEHOLD ENTERPRISES
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD NEEDS
dc.subjectHOUSEHOLD POVERTY
dc.subjectHOUSEHOLD SURVEYS
dc.subjectHOUSEHOLD VULNERABILITY
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN DEVELOPMENT
dc.subjectIMMIGRANTS
dc.subjectIMPACT ON POVERTY
dc.subjectINCOME INSECURITY
dc.subjectINCOME SECURITY
dc.subjectINCOME SUPPORT
dc.subjectINEXPERIENCED WORKERS
dc.subjectINFORMAL SECTOR
dc.subjectINSURANCE
dc.subjectJOB CREATION
dc.subjectJOB MARKET
dc.subjectJOB OPPORTUNITIES
dc.subjectJOBS
dc.subjectKNOWLEDGE BASE
dc.subjectLABOR DEMAND
dc.subjectLABOR EARNING
dc.subjectLABOR FORCE
dc.subjectLABOR LAWS
dc.subjectLABOR MARKET
dc.subjectLABOR MARKET ARRANGEMENTS
dc.subjectLABOR MARKET CONDITIONS
dc.subjectLABOR MARKET INDICATORS
dc.subjectLABOR MARKET INSTITUTIONS
dc.subjectLABOR MARKET OUTCOMES
dc.subjectLABOR MARKET POLICIES
dc.subjectLABOR MARKET REGULATIONS
dc.subjectLABOR MARKETS
dc.subjectLABOR MOBILITY
dc.subjectLABOR PRODUCTIVITY
dc.subjectLABOR REGULATIONS
dc.subjectLABOR RESOURCES
dc.subjectLABOR SUPPLY
dc.subjectLABOUR
dc.subjectLABOUR MARKET
dc.subjectLACK OF INFORMATION
dc.subjectLACK OF SKILLS
dc.subjectLARGE CITIES
dc.subjectLEVEL OF EDUCATION
dc.subjectLEVELS OF EDUCATION
dc.subjectLIFE EXPECTANCY
dc.subjectLIVING STANDARDS
dc.subjectLOW UNEMPLOYMENT
dc.subjectLOW UNEMPLOYMENT RATES
dc.subjectMACROECONOMIC STABILITY
dc.subjectMALNUTRITION
dc.subjectMANPOWER
dc.subjectMARKET WAGES
dc.subjectMINIMUM WAGE
dc.subjectMINIMUM WAGES
dc.subjectMODERATE UNEMPLOYMENT
dc.subjectMORTALITY
dc.subjectNATIONAL POVERTY
dc.subjectNATIONAL POVERTY LINE
dc.subjectNATURAL RESOURCES
dc.subjectNET JOB CREATION
dc.subjectNON-FARM SECTOR
dc.subjectOCCUPATION
dc.subjectOCCUPATIONS
dc.subjectOPEN UNEMPLOYMENT
dc.subjectOUTPUTS
dc.subjectPAYING JOBS
dc.subjectPERMANENT JOBS
dc.subjectPOOR ADULTS
dc.subjectPOOR CHILDREN
dc.subjectPOOR HOUSEHOLDS
dc.subjectPOPULATION ESTIMATES
dc.subjectPOPULATION INCREASE
dc.subjectPOST SECONDARY EDUCATION
dc.subjectPOVERTY IMPACT
dc.subjectPOVERTY LEVELS
dc.subjectPOVERTY MAPPING
dc.subjectPOVERTY RATES
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY REDUCTION STRATEGIES
dc.subjectPOVERTY REDUCTION STRATEGY
dc.subjectPOVERTY RISK
dc.subjectPRIMARY EDUCATION
dc.subjectPRIMARY LEVEL
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR WORKERS
dc.subjectPRODUCTIVE EMPLOYMENT
dc.subjectPRODUCTIVE SECTOR
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPRODUCTIVITY LEVELS
dc.subjectPROGRESS
dc.subjectPROTECTING WORKERS
dc.subjectPUBLIC SECTOR JOBS
dc.subjectPUBLIC WORK
dc.subjectPUBLIC WORKS
dc.subjectPUBLIC WORKS PROGRAMS
dc.subjectRURAL
dc.subjectRURAL AREAS
dc.subjectRURAL DEVELOPMENT
dc.subjectRURAL ECONOMY
dc.subjectRURAL FAMILIES
dc.subjectRURAL HOUSEHOLDS
dc.subjectRURAL INCOMES
dc.subjectRURAL LABOR
dc.subjectRURAL LABOR MARKETS
dc.subjectRURAL POOR
dc.subjectRURAL POPULATION
dc.subjectRURAL POVERTY
dc.subjectRURAL SECTOR
dc.subjectRURAL WORKERS
dc.subjectSAFETY
dc.subjectSAFETY NET
dc.subjectSAFETY NETS
dc.subjectSALARIED WORKERS
dc.subjectSAVINGS
dc.subjectSCHOOL AGE
dc.subjectSECONDARY LEVELS OF EDUCATION
dc.subjectSELF EMPLOYED
dc.subjectSELF EMPLOYMENT
dc.subjectSERVICE SECTOR
dc.subjectSIGNIFICANT POLICY
dc.subjectSKILLS DEVELOPMENT
dc.subjectSUBSISTENCE FARMING
dc.subjectTARGETING
dc.subjectTECHNICAL CAPACITY
dc.subjectTERTIARY LEVELS
dc.subjectTOTAL EMPLOYMENT
dc.subjectTRAINING PROGRAMS
dc.subjectTRANSPORTATION
dc.subjectUNEMPLOYED
dc.subjectUNEMPLOYED WORKERS
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATE
dc.subjectUNEMPLOYMENT RATES
dc.subjectUNIVERSITY EDUCATION
dc.subjectUNPAID FAMILY WORKERS
dc.subjectUNSKILLED LABOR
dc.subjectURBAN AGGLOMERATIONS
dc.subjectURBAN AREAS
dc.subjectURBAN CENTERS
dc.subjectURBAN MIGRATION
dc.subjectURBAN POPULATION
dc.subjectURBAN POPULATION GROWTH
dc.subjectURBAN POVERTY
dc.subjectURBAN WORKERS
dc.subjectVOCATIONAL TRAINING
dc.subjectVULNERABILITY
dc.subjectVULNERABLE GROUPS
dc.subjectWAGE GAP
dc.subjectWAGE SECTOR
dc.subjectWORK FORCE
dc.subjectWORKER
dc.subjectWORKERS
dc.subjectWORKING POOR
dc.subjectWORKING POPULATION
dc.subjectYOUNG POPULATIONS
dc.subjectYOUNG WORKERS
dc.titleRomania : Diagnostic Review of Consumer Protection and Financial Literacy, Volume 2. Comparison against Good Practicesen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.date.disclosure2012-06-12
okr.date.doiregistration2025-05-07T10:02:03.890776Z
okr.doctypeEconomic & Sector Work::Policy Note
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2009/07/16366794/romania-diagnostic-review-consumer-protection-financial-literacy-vol-2-2-comparison-against-good-practices
okr.globalpracticeSocial Protection and Labor
okr.globalpracticePoverty
okr.globalpracticeFinance and Markets
okr.globalpracticeHealth, Nutrition, and Population
okr.guid316551468032370749
okr.guid313541468038125117
okr.identifier.externaldocumentum000333038_20120613025237
okr.identifier.internaldocumentum16366794
okr.identifier.report69752
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/06/13/000333038_20120613025237/Rendered/PDF/697520v20ESW0P0C000RO000CPFL0Vol0II.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryRomania
okr.sectorIndustry and trade
okr.sectorFinance
okr.themeFinancial and private sector development :: Regulation and competition policy
okr.themeFinancial and private sector development :: Corporate governance
okr.topicSocial Protections and Labor::Labor Markets
okr.topicSocial Protections and Labor::Labor Policies
okr.topicHealth, Nutrition and Population::Population Policies
okr.topicPoverty Reduction::Rural Poverty Reduction
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicHealth
okr.topicNutrition and Population
okr.unitPrivate/Financial Sectors Devt (ECSPF)
okr.volume2 of 2
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