Economic Commentaries

Inflation Heading to Double-Digit Rate: How Much Should We Worry?

Monday, 12 September 2011 Published in Comentarii economice

Economic Commentary, no. 113 Even in August this year the prices declined compared to July, the annualized inflation posted a 9.2 percent growth. This is one of the highest growths in consumers’ prices in the…

What is ‘Good’ Economic Growth?

Friday, 09 September 2011 Published in Comentarii economice

Economic Commentaries, nr. 112 Even though the economic growth in the second quarter of 2011 is lower than in the previous quarter, this is not necessarily a reason to worry. In fact, we expected a…

Growing Consumption After Difficult Times?

Wednesday, 24 August 2011 Published in Comentarii economice

Economic Commentary, no. 111 After several months of using only various assumptions and estimates regarding the evolution of internal trade in 2011, NBS finally made public the official data on the turnover in retail trade…

Moldova 20 Years After Becoming Independent: An Account of Economic Successes and Failures

Tuesday, 23 August 2011 Published in Comentarii economice

Economic Commentary, no. 110 On 27 of August, Moldova celebrates 20 years of independence. These two decades brought both economic progresses and disappointments. This brief analysis examines how Moldova looked like in economic terms at…

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…