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Economic Commentary, no. 1

Monday, 19 of June 2006, is the day when the negotiations between the Moldovan authorities and Russia’s energy behemoth Gazprom on supply of natural gas to Moldova are scheduled to re-start. It is worthwhile reminding that Gazprom insists on increasing the gas prices from 110 USD per 1000 cubic meters to 160 USD. Moldovan authorities, on their side, insist that such a price is an exaggeration and that the supplier has to consider the limited purchasing power of the Moldovan customers. This analysis tries to assess the options Moldova has for imposing its view in the new energy context.

The full article is available only in Romanian.

Seceta severă din anul 2012 a afectat un teritoriu vast al Republicii Moldova. Efectele acesteia, pe termen scurt, s-au manifesta prin reduceri ale recoltelor sau chiar compromiterea totală a unor culturi, în special în regiunea de centru și sud. Pe termen mediu și lung, seceta va continua să-și manifeste impactul, forțând multe gospodării să vândă sau să sacrifice bovinele, cu efecte negative asupra securității alimentare. Similar episoadelor anterioare de secetă (2003, 2007), aceste efecte pot declanșa un nou val de emigrare din mediul rural. De aceea, o întrebare-cheie la care ar trebui să răspundă toate părțile interesate este care sunt lecțiile de învățat și ce anume ar trebui de schimbat la nivel de politici și tehnologii în domeniul agricol.

Astfel, scopul principal al Conferinței este de a oferi o platformă pentru discuții părților interesate pentru a analiza consecințele economice și sociale ale secetei în 2012, pentru a trage concluzii relevante de politică și pentru a aborda problema-cheie a măsurilor instituționale și soluțiilor tehnologice care trebuie adoptate pentru o mai bună gestiune a viitoarelor secete. 

 

Thursday, 08 November 2012 11:18

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Tuesday, 04 September 2012 14:43

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The recurrence of some tendencies similar to those during 2008-2009 crisis points out the vulnerability of Moldovan economy to external shocks and its incapacity to tackle the challenges from inside the country. We cannot expect an open economy to be immune to external shocks, but at the same time in a healthy economy the dependence of domestic demand on the situation abroad should be lower and may save the economy from recession.  As shown in MEGA nr.6, in case of Moldova, narrow interventions in the system proved to be inefficient in medium- and long-term, therefore, there is clear need for more consistent reforms and radical change in the institutional settings. The economic activity cannot grow in an unhealthy business environment and Moldova failed to provide such an environment due to still persistent unfair competition, trade barriers and administrative burden. Higher economic activity ultimately determines higher employment opportunities and incomes generated inside the country, making the economy less dependent on external factors. These are essential elements to ensure the economy develops, not only grows.

Friday, 28 September 2012 14:34

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Tuesday, 18 September 2012 09:20

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