Economic Commentaries

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Economic Commentaries

Russia, Moldova and the economic support for Transnistria

Monday, 22 August 2011 Published in Comentarii economice

Economic Commentary, no. 109 This analysis has been done for the Moldovan NGO Promo-Lex, which represents at the European Court for Human Rights a group of citizens complaining about the violation of the human rights in…

Foreign Trade Rise: How Much for the Momentum to Last?

Friday, 12 August 2011 Published in Comentarii economice

Economic, Commentary, no. 108 This analysis tries to look behind the positive statistical data on the Moldova’s foreign trade recently released. The analysis confirms a number of positive evolutions but at the same time draws…

Commercial Banks Rating: Situation at the End of the Second Quarter

Monday, 01 August 2011 Published in Comentarii economice

Economic Commentary, no. 107 The commercial banks rating that Expert-Grup developed reveals important shifts during the second quarter of the year, depending on how different commercial banks recover from the crisis and what strategies do…

How Healthy is the Banking Sector Recovery and what is Hidden Behind the Official Figures?

Wednesday, 27 July 2011 Published in Comentarii economice

Economic Commentary, no. 106 The recently released official data for the first half of 2011 denote that the banking sector embarked on a recovery path. However, our analysis shows that these improvements are still minor…

About Undeclared Work and Wages ‘in Envelopes’

Wednesday, 29 June 2011 Published in Comentarii economice

Economic Commentary, no. 105 The Action Plan regarding the minimization of the practice of paying wages ‘in envelope’ and unofficial work adopted by the Government on June 22, 2011 adopted many ambitious goals, such as…

The Mysteries of the Domestic Fuels’ Market

Tuesday, 28 June 2011 Published in Comentarii economice

Economic Commentary, no. 104 In this commentary, we provide empirical evidence about asymmetric price adjustments on Moldovan fuel market to the fluctuations on the regional markets. As evidence clearly shows, in periods when the regional…

Paradoxes of Statistical Data: How Did the Household Income Really Evolve?

Friday, 24 June 2011 Published in Comentarii economice

Economic Commentary, no. 103 On May 22, the NBS published data on households’ incomes and expenditures for the first quarter, collected through the Household Budget Survey (HBS). HBS are important sources of information for all…

Stunning Economic Growth: Do We Accept the Illusionary Comfort or Try to Change the Development Paradigm?

Thursday, 16 June 2011 Published in Comentarii economice

Economic Comentary, no. 102 On June 15, new data on GDP growth were published. The 8.4 percent growth in the first quarter is the highest rate recorded since the global economic crisis. Even though the…

Gagauzia: The Drift Continues

Thursday, 16 June 2011 Published in Comentarii economice

Economic Commentary, no. 101 The media frenzy around local elections has been somewhat limited to Chisinau, shading the electoral outcomes in other regions. In the Gagauzian autonomy, which remains deeply split between the supporters of…

Free Floating Exchange Rate – A Sign of the Inflation Targeting Strategy followed by NBM?

Thursday, 16 June 2011 Published in Comentarii economice

Economic Commentary, no. 100 During the first 4 months of 2011, the Central Bank had the least visible presence on the domestic foreign exchange market in comparison with the same annual periods in the last…