Publications

Key messages from the report According to the Kroll report, the amount of allegedly fraudulent loans (plus interest) reached 18 billion MDL ($1 billion), while the financial engineering conducted at these three banks were aimed…

Budget 2015 provisions on the Justice Sector

Tuesday, 26 May 2015 Published in Publications
Authors: Ion Guzun,
Key messages from the policy brief The State Budget for 2015 on the Justice and Human Right sectors continues to growth. In particular, the sum is intended for increasing wages of judges, building offices for…

Real Economy in May 2015 (#51)

Thursday, 21 May 2015 Published in Publications
Authors: Adrian Lupușor, Alexandru Fala,
Moldova’s economy remains exposed to external shocks. Economic Leading Indicator, calculated by Expert-Grup and which includes six benchmark macroeconomic metrics, settled at 89 points after a continuous seven month’ decline, although it is still well…
Abstract The importance of the Defence sector has been often ignored by politicians and central authorities, and this approach has generated a number of major issues to the national defence. Here are some key data…

Budget 2015' provisions for the Youth sector

Tuesday, 12 May 2015 Published in Publications
Authors: Alex Petrov,
Key messages from this policy brief: The estimated budget for implementing the 2020 National Strategy for Developing the Youth Sector - 53.5 million MDL ($2.9 million); The budget of the Ministry of Youth and Sport…
Abstract Education is one of the strategic areas of development where Government will focus its attention this year. Therefore, reforms initiated in ensuring a more efficient resource management in Education will also continue in 2015.…
Abstract Although visa liberalization marks a major success in Moldova’s quest to becoming closer to the EU, the process is ignored, underestimated and often challenged by a part of the society. This is due to…
Abstract The road transport sector bears a significant impact on the economic development of the country and reforms to improve the transportation network are needed. Implementation of the Association Agreement will lead to better conditions…

EU and CIS Free Trade Area are compatible

Monday, 27 April 2015 Published in Publications
Authors: Alexandru Fala,
Abstract Participation of a country in several free trade areas is a normal practice, and examples of that are multiple. Moldova too, is a member of several regional trade agreements, two of which are crucially…
In recent months, the situation in our banking system has worsened considerably. All institutions responsible for the economic security silently allowed these fraudulent mega-transactions to materialize, therefore leading to the de-capitalization of these three systemic…
See below the abstract. Download here the full report in English. The 2015 is going to be a difficult economic year, the Gross Domestic Product being expected to decline by about 0.2% according to the…
Excerpt from the Romanian version: The amendments that were pushed by the Government for the 2015 fiscal policy were developed under low transparency. Still, at least some of the business associations have had the opportunity…
Key messages of the report. Download the full report here. Russian Federation has been one of the main export partners of the Republic of Moldova during the whole transition period. However, the share of exports…
Small and Medium Enterprises, or SMEs, play an important role in Moldova’s economy. According to National Bureau of Statistics, the share of such enterprises out of total businesses is 97.4%, employing 56.9% from total workers…
Executive summary The bilateral relations between Moldovan and the EU reached a summit in 2014 after signing the Association Agreement and visa liberalization with the Schengen area. Association Agreement with the EU, which also involves…
Executive Summary The minimum wage remains a tool with contradictory outcomes in terms of income redistribution and social equity goals. Essentially, international data shows that increasing minimum wage does not actually contribute to income convergence.…

Analysis: Fall of Moldovan Leu

Friday, 13 March 2015 Published in Publications
Authors: Alexandru Fala,
Executive Summary Moldova was clearly in “false start” at the beginning of 2015. The turmoil on the foreign exchange market was just a high-intensity sequence in a systemic trend of depreciation of the Moldovan Leu…
Moldovan economy slows down continuously. Economic Leading Indicator - Expert-Grup’s monthly index which includes 6 main macroeconomic metrics, has fallen for the 3rd month in a row, at 87 points. This dynamic shows ongoing negative…
Abstract One of the main findings of this Report is that the subsidies’ distribution is discriminatory. Inequitable allocation of financial resources occurs largely because of its poor formula, vague formulation and due violating its regulations.…
This is an op-en wrote by Adrian Lupușor. Read more in the Romanian version.

Euromonitor, 4th quarter 2014 (#34)

Tuesday, 17 February 2015 Published in Publications
Abstract In July 2014, the National Action Plan for the implementation of the Moldova-EU Association Agreement which provides several relevant actions for justice reform, has been approved. However, the justice sector has little credibility in…
Moldovan energy sector is a mix of inefficiency, dependency on external sources and low per capita consumption. Over 96% of energy consumption comes from imports, whereas only 40% in the EU. Also, the losses from…
Abstract Although consumption accounts for 92.2% from Moldova’s GDP, little has been done in order to improve consumers’ experience.  This policy brief explains how the Association Agreement will change this status-quo. Once the Agreement has…
Abstract Currently, Moldovan citizens view police as an institution with high risk of corruption. At the same time, lack of professionalism, lack of police inventory (alcohol measuring sets, digital cameras, cars) and lack of financial…
Abstract The Q4-2014 issue of the Transnistrian Economic Review points an increase of the convergence index between the Moldovan and Transnistrian economies. Currently at 93.9%, the index recovered 0.4 percentage points over the second quarter,…

2014 Economic Review & Challenges for 2015

Monday, 29 December 2014 Published in Publications
Expert-Grup is launching its seveth annual economic review of the Republic of Moldova. The review includes: Top 5 successes in 2014 Top 5 failures in 2014 Top 5 challenges for 2015 The document includes 7…
The quarterly monitoring report on the implementation of European Union – Moldova Action Plan (EURMAP) in the period of July-September 2014 has been produced within the joint project “EUMoldova relations – monitoring progress in the…
Expert-Grup launches the second issue of the Regional Economic Review: Transnistrian region. The report analyses the growth trends and economic risks of the Transnistrian region.  The report is available in three languages: English, Romanian, Russian. Extras:…
Expert-Grup launched the 11th issue of the economic magazine MEGA: Moldova Economic Growth Analysis. The current edition analyzes the key macroeconomic and sector-level trends in 2014, provides forecasts for key economic indicators for 2015 and offers…
The Open Data Readiness Asessment for the education sector in Moldova was carried out as part of the “Empowered Citizens Enhancing Accountability of the Education Reform and Quality of Education in Moldova” initiative. The project…
The press release in available only in Romanian.
The National Human Development Report (NHDR) 2014 highlights the role of the private sector in Moldova’s human development. It reveals that a strong private sector is key to the country’s sustainable human development and that…
This publication is only available in Romanian.
The purpose of this study is to highlight the most important features and phenomena related to tax administration in the Republic of Moldova. The study focuses on four major areas: to clarify the concept of…
This article is only available in Romanian.

Real Economy from October 2014 (#50)

Tuesday, 04 November 2014 Published in Publications
This publication is only available in Romanian.
In 2013, the Republic of Moldova experienced an impressive economic performance: the 8.9% growth in the gross domestic product (GDP) was the highest in its modern history and places the country as one of the…
This publication is only available in Romanian.

Real Economy from September 2014 (#48)

Thursday, 25 September 2014 Published in Publications
Authors: Adrian Lupușor, Alexandru Fala,
This publication is only available in Romanian.
This article is only available in Romanian.
The full use of economic opportunities offered by the European Union Association Agreement requires imminent alignment with the European legislation, which implies application of technical regulations and progressive adoption of the European Standards (EN), as…
This article is only available in Romanian.
The study assesses the perspectives of alternative export markets for Moldovan products that were restricted in Russian Federation, in order contribute to the optimization of Moldova’s export geography and to reduce the medium term risks.…
Economiile din dreapta și stânga Nistrului continuă să se distanțeze reciproc, fapt ce va complica implementarea prevederilor Acordului de Asociere cu UE pe teritoriul regiunii transnistrene.Conform ultimelor date disponibile, pe parcursul trimestrului 2 al anului…
According to the July edition of the Real Economy, Moldovan economy shows continuous sings of a pronounced shift towards the EU market. In the first five months of the year, exports to the EU increased…
Asociaţia pentru Democraţie Participativă ADEPT şi Centrul Analitic Independent EXPERT-GRUP prezintă o nouă ediție a publicației trimestriale „EUROMONITOR”, în care sunt descrise principalele evoluții și provocări în implementarea Planului de Acțiuni UE-Moldova în perioada aprilie-iulie…
Regional Economic Review: Transnistrian region marks the launch of a new analytical product by EXPERT-GRUP, which analyzes the economic evolution of the regions of the Republic of Moldova. The first issue offers an insight on the economy…
The Association Agreement undoubtedly marks a higher level in the bilateral relations between our country and the European Union. This will grant Moldovan products a larger access towards the EU market and will involve a large-scale…
It is important to mention that the Republic of Moldova has made significant progress in the past ten years in the area of child protection in Moldova. Having recognized this, the declared scope of this…
Publication preview (the full version is only available in Romanian). This year signaled a continuously worsening economic situation in Moldova. According to our estimates from the previous issues of the publication, Moldova's economy constantly slows…
De la 1 ianuarie 2015, vor intra în vigoare o serie de amendamente importante la Legea privind finanțele publice locale, scopul cărora este de a spori autonomia financiară și funcțională a administrației publice locale. Această…
Biroul Național de Statistică a realizat în perioada iunie 2011 - mai 2012 cercetarea statistică ”Utilizarea Timpului în Republica Moldova” cu suportul Programului Naţiunilor Unite pentru Dezvoltare (PNUD), Entităţii Naţiunilor Unite pentru Egalitatea de Gen…
Budget transparency relates to how citizens participate and contribute to decision making on budgeting and how the expenditure is incurred. Analyzing the situation in Chișinău's Local Council, we found that the level of budget transparency in…
In modern economies, more and more goods and services are purchased by government from the private market. Losses arising from procurement seriously affect infrastructure development and public services, leading to deterioration of the business environment…
The quarterly report on monitoring the progress in the implementation of EUMAP between January and March 2014 has been produced as part of the joint project “EU-Moldova relations – monitoring progress within the framework of…

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