Economic Commentary, no. 26
There has been a considerable growth rate in the consumer credit in Moldova during 2006-2007. Even though this is a ‘natural’ phenomenon that accompanies economic growth and an indicator of growing confidence of the consumers in a more stable and high income in the future, there are certain risks related to non-reimbursement of banks’ loans and additional inflationary pressures. Should this be a policy concern for Moldova? What actions are to be taken to avoid these risks?
Full version available only in Romanian: http://expert-grup.org/ro/activitate/comentarii/item/150-cresterea-creditului-de-consum-ce-urmeaza?
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