Publications
Budget Rectification for 2015: the disaster will be avoided, but further risks await in 2016
Monday, 16 November 2015
Published in
H0 - General
Sectorul Public
Authors: Iurie Morcotîlo,
Authors: Iurie Morcotîlo,
Abstract Moldovan economy faced this year many challenges, which had negative repercussions on the public finances. Budgetary revenues were affected largely due to the decrease in imports, freezing the foreign assistance and the rising cost…
Real Economy from October 2015 (#54)
Monday, 02 November 2015
Published in
E0 - General
F0 - General
H0 - General
Realitatea Economică
Authors: Adrian Lupușor, Alexandru Fala,
Authors: Adrian Lupușor, Alexandru Fala,
Moldovan economy is still in recession. For the 11th consecutive month, the Economic Leading Indicator (ELI) - an index calculated monthly by Expert-Grup and which aggregates six main macroeconomic indicators, is below 100, which indicates…
Monitoring report on the execution of Court of Accounts' recommendations in 2014
Monday, 12 October 2015
Published in
H1 - Structure and Scope of Government
H2 - Taxation, Subsidies, and Revenue
H4 - Publicly Provided Goods
H5 - National Government Expenditures and Related Policies
Publications
Sectorul Public
Authors: Tatiana Savva,
Authors: Tatiana Savva,
Summary The scale of irregularities found by Moldova’s Court of Accounts (CA) has exceeded 7 billion MDL in 2014, or USD 353 million. The audits have unearthed both technical and operational problems at the audited…
The reform of the childcare leave for children: shorter, better paid, followed by good childcare services
Wednesday, 07 October 2015
Published in
Sectorul Public
Studii de politici publice
Authors: Constanța Popescu,
Authors: Constanța Popescu,
This study includes an analysis of the Moldovan legal framework in the field of labor legislation and policies aimed to support families with children – and more specifically in the framework of childcare leave for…
Внедрение Соглашения об ассоциации в приднестровском регионе: миссия выполнима?
Monday, 21 September 2015
Published in
F1 - Trade
H7 - State and Local Government Intergovernmental Relations
Realitatea Economică Transnistreană
Studii de politici publice
Authors: Adrian Lupușor,
Authors: Adrian Lupușor,
Резюме Внедрение СА / УВЗСТ в приднестровском регионе имеет решающее значение, по крайней мере, в силу двух причин: (i) политическая - это может послужить серьезной предпосылкой для сближения экономики обеих сторон Днестра и, соответственно, для…
Association Agreement in the Transnistrian Region: Mission Possible?
Sunday, 20 September 2015
Published in
F1 - Trade
H7 - State and Local Government Intergovernmental Relations
Realitatea Economică Transnistreană
Studii de politici publice
Authors: Adrian Lupușor,
Authors: Adrian Lupușor,
Executive Summary The implementation of the AA/DCFTA in the Transnistrian region is crucial at least for two reasons: (i) political - it could serve as a strong precondition for converging the economies from both sides…
Euromonitor - first results and difficulties in implementing Moldova-EU Association Agreement
Tuesday, 15 September 2015
Published in
E0 - General
Euromonitor
F0 - General
F5 - International Relations and International Political Economy
Publications
Authors: Igor Boțan, Denis Cenușă, Mariana Kalughin, Adrian Lupușor, Iurie Morcotîlo, Polina Panainte, Elena Prohnițchi,
Authors: Igor Boțan, Denis Cenușă, Mariana Kalughin, Adrian Lupușor, Iurie Morcotîlo, Polina Panainte, Elena Prohnițchi,
Key messages of the report: The report covers commitments undertaken by national authorities in 23 political areas, 15 fields related to economic and sector cooperation and 10 fields related to Deep and Comprehensive Free Trade…
Real Economy from July 2015 (#53)
Monday, 10 August 2015
Published in
E0 - General
F0 - General
H0 - General
Realitatea Economică
Authors: Adrian Lupușor, Alexandru Fala,
Authors: Adrian Lupușor, Alexandru Fala,
Key messages from the edition Moldovan economy continues its decline. In June 2015, the Economic Leading Indicator (ELI) - an index calculated monthly by Expert-Grup and which aggregates six main macroeconomic indicators, is down 1.6 points…
A potential Anti-Crisis Plan for the new Governement
Monday, 03 August 2015
Published in
F0 - General
G0 - General
H0 - General
Publications
Studii de politici publice
Authors: Veaceslav Negruța, Adrian Lupușor,
Authors: Veaceslav Negruța, Adrian Lupușor,
Abstract The current status-quo of the Republic of Moldova can be labeled as a country amid a general crisis, evidenced through a combination of at least five self-sustaining crises: economic, institutional, budget, banking and social…
Impact of macroeconomic’ and banking sector’ problems on Moldova’s Public Budget
Tuesday, 04 August 2015
Published in
E0 - General
E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit
F0 - General
G0 - General
H0 - General
Publications
Sectorul Public
Authors: Alexandru Fala, Dumitru Budianschi, Iurie Morcotîlo,
Authors: Alexandru Fala, Dumitru Budianschi, Iurie Morcotîlo,
Abstract The current adverse economic developments in Moldova, unlike previous years, are mostly determined by domestic influences rather than external ones. The banking crisis had a crucial impact in deteriorating economic situation in Moldova, even…
Evaluating public spending in the Republic of Moldova
Wednesday, 29 July 2015
Published in
H0 - General
H1 - Structure and Scope of Government
H4 - Publicly Provided Goods
H5 - National Government Expenditures and Related Policies
H6 - National Budget, Deficit, and Debt
H7 - State and Local Government Intergovernmental Relations
H8 - Miscellaneous Issues
Publications
Sectorul Public
Authors: Iurie Morcotîlo,
Authors: Iurie Morcotîlo,
Abstract In recent years, the public expenditures’ framework in Moldova has recorded several positive developments. These developments were both quantitatively and qualitatively. Improvements were primarily noticed in the public debt management, thanks to technical and…
This analysis was initiated and developed in the context of the events as of 10 June 2015 when the Moldovan policy makers indirectly decided upon the inadmissibility of a new program with the International Monetary…
Efficiency of public spending in Moldova's education sector
Monday, 27 July 2015
Published in
Sectorul Public
Authors: Alexandru Fala,
Authors: Alexandru Fala,
Abstract Moldova continues to spend a much larger share of its budget income on education sector than other countries in the region (allocations for education have reached 7% of GDP in 2014). Still, the sector…
How financially transparent is the Road Fund?
Friday, 31 July 2015
Published in
H0 - General
H4 - Publicly Provided Goods
N7 - Transport, Trade, Energy, Technology, and Other Services
Publications
Sectorul Public
Authors: Dumitru Budianschi, Andrei Ababii, Serghei Merjan,
Authors: Dumitru Budianschi, Andrei Ababii, Serghei Merjan,
The share of Moldova’s Road Fund in the country’s State Budget and GDP in 2013 is quite impressive - almost 5.5% of State Budget and over 1.2% of GDP, compared to 1% of GDP for…
Budget Transparency Index in 2015
Monday, 20 July 2015
Published in
H0 - General
H4 - Publicly Provided Goods
H6 - National Budget, Deficit, and Debt
Publications
Sectorul Public
Authors: Dumitru Budianschi, Iurie Morcotîlo, Tatiana Savva,
Authors: Dumitru Budianschi, Iurie Morcotîlo, Tatiana Savva,
Abstract This study aims to evaluate the level of budget transparency in the Republic of Moldova. Therefore, the level of budget transparency in Moldova remains unchanged in recent years, and this lack of progress has…
Currently, Republic of Moldova deals with arguably the biggest challenge to its economic security since proclaiming the independence in 1991. The endemic corruption, oligarchization of state institutions, presence of suspicious foreign capital in the country’s financial…
Real Economy from June 2015 (#52)
Monday, 29 June 2015
Published in
B0 - General
E0 - General
O1 - Economic Development
Publications
Realitatea Economică
Authors: Adrian Lupușor, Alexandru Fala,
Authors: Adrian Lupușor, Alexandru Fala,
Key points from this edition Economic growth will slow noticeably and the economy is expected to stagnate by the end of this year. In the context of these extremely difficult economic, social and political conditions,…
Budget 2015 provisions for social protection of disabled people
Monday, 22 June 2015
Published in
H0 - General
H5 - National Government Expenditures and Related Policies
Publications
Sectorul Public
Authors: Alisa Costin,
Authors: Alisa Costin,
Summary Share of social expenditures in 2015 will reach 13.5% of GDP, or 32.3% of the total National Public Budget, ie a 1.7% increase compared to last year. At the same time, the State Social…
Progress report “Moldova in the Eastern Neighborhood Policy 2005-2014
Tuesday, 16 June 2015
Published in
A3 - Collective Works
Euromonitor
H1 - Structure and Scope of Government
H2 - Taxation, Subsidies, and Revenue
H3 - Fiscal Policies and Behavior of Economic Agents
H4 - Publicly Provided Goods
H5 - National Government Expenditures and Related Policies
Authors: Igor Boțan, Denis Cenușă, Mariana Kalughin, Adrian Lupușor, Iurie Morcotîlo, Polina Panainte,
Authors: Igor Boțan, Denis Cenușă, Mariana Kalughin, Adrian Lupușor, Iurie Morcotîlo, Polina Panainte,
Summary During 2005-2014, Moldova saw important progress in terms of European integration - signing the Association Agreement, visa liberalization with EU, ensuring more respect for human rights, providing e-governance, IT sector and social services’ reform.…
Analysis on the budget expenditures in agriculture
Friday, 12 June 2015
Published in
H0 - General
H2 - Taxation, Subsidies, and Revenue
H5 - National Government Expenditures and Related Policies
Sectorul Public
Authors: Iurie Morcotîlo,
Authors: Iurie Morcotîlo,
Key messages from the report Agriculture plays an important role in Moldova's economy. Approximately 30.5% of country’s work force work in agriculture, while sector contribution to GDP was around 13% in 2014. Although financing for…
Crisis of the public pension system and intervention measures
Tuesday, 09 June 2015
Published in
H0 - General
J0 - General
J1 - Demographic Economics
Studii de politici publice
Authors: Adrian Lupușor,
Authors: Adrian Lupușor,
Key messages from the report The public pension system in Moldova is not financially nor socially sustainable. While the State Social Insurance Budget (BASS) recorded a structural deficit of around 1% of GDP and total…
Abstract In 2010-2014, Moldova’s Court of Accounts issued 46 decisions based on its audit reports aimed to evaluate the management of public funds and assets by local authorities of level I and II from over…
Budget 2015 provisions in the Culture sector
Monday, 01 June 2015
Published in
H0 - General
H4 - Publicly Provided Goods
H5 - National Government Expenditures and Related Policies
Sectorul Public
Authors: Veaceslav Reabcinschi,
Authors: Veaceslav Reabcinschi,
Summary Moldovan government paid in 2015 over 352 million MDL ($19.5 million) to the accounts of the Ministry of Culture - a 19% increase compared to last year. However, the share of culture spending in…
Decoding the Kroll report
Thursday, 28 May 2015
Published in
Alte publicații
E0 - General
E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit
G3 - Corporate Finance and Governance
Studii de politici publice
Authors: Adrian Lupușor, Vladislav Gribincea, Alexei Buzu,
Authors: Adrian Lupușor, Vladislav Gribincea, Alexei Buzu,
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
H0 - General
Publications
Sectorul Public
Authors: Ion Guzun,
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
B0 - General
E0 - General
O1 - Economic Development
Realitatea Economică
Authors: Adrian Lupușor, Alexandru Fala,
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…
Budget 2015' provisions for the Defence sector
Friday, 15 May 2015
Published in
H0 - General
Sectorul Public
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
H0 - General
Sectorul Public
Authors: Alex Petrov,
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…
Budget 2015' provisions for the Education sector
Friday, 08 May 2015
Published in
H0 - General
Sectorul Public
Authors: Victoria Vasilescu,
Authors: Victoria Vasilescu,
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.…
One year after visa liberalization with the EU: between ignorance and neglected benefits
Monday, 04 May 2015
Published in
Comentarii economice
O1 - Economic Development
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…
Better roads and railways, once the Association Agreement is implemented
Thursday, 30 April 2015
Published in
N0 - General
N7 - Transport, Trade, Energy, Technology, and Other Services
O1 - Economic Development
Studii de politici publice
Authors: Sergiu Tofilat,
Authors: Sergiu Tofilat,
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
Alte publicații
F0 - General
O1 - Economic Development
Authors: Alexandru Fala,
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…
MEGA XII: The year of a looming crisis, Q1-2015
Wednesday, 15 April 2015
Published in
E0 - General
MEGA- Analiza creșterii economice în Moldova
O1 - Economic Development
Authors: Adrian Lupușor, Alexandru Fala, Iurie Morcotîlo, Denis Cenușă,
Authors: Adrian Lupușor, Alexandru Fala, Iurie Morcotîlo, Denis Cenușă,
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…
Moldova and Russia: between trade relations and economic dependence
Tuesday, 07 April 2015
Published in
Analiza și prognoză economică
E0 - General
N4 - Government, War, Law, International Relations, and Regulation
O1 - Economic Development
Authors: Ana Popa,
Authors: Ana Popa,
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…
Association Agreement with the EU to bring financial and institutional support for Moldova’s SME’s
Thursday, 26 March 2015
Published in
A1 - General Economics
Alte publicații
F0 - General
F1 - Trade
Authors: Iurie Morcotîlo,
Authors: Iurie Morcotîlo,
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…
Euromonitor 2014: an outlook on Moldova's evolution in implementing EU reforms in 2014
Tuesday, 24 March 2015
Published in
A3 - Collective Works
Euromonitor
H1 - Structure and Scope of Government
Studii de politici publice
Authors: Igor Boțan, Adrian Lupușor, Polina Panainte, Mariana Kalughin, Denis Cenușă, Iurie Morcotîlo,
Authors: Igor Boțan, Adrian Lupușor, Polina Panainte, Mariana Kalughin, Denis Cenușă, Iurie Morcotîlo,
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…
Minimum wage: between economic efficiency an social equity
Friday, 20 March 2015
Published in
Analiza și prognoză economică
H2 - Taxation, Subsidies, and Revenue
J0 - General
J1 - Demographic Economics
J2 - Demand and Supply of Labor
J3 - Wages, Compensation, and Labor Costs
Authors: Iurie Morcotîlo,
Authors: Iurie Morcotîlo,
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
Analiza și prognoză economică
E0 - General
O1 - Economic Development
Authors: Alexandru Fala,
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…
Monthly economic review, February 2015 (#50)
Thursday, 05 March 2015
Published in
B0 - General
E0 - General
O1 - Economic Development
Realitatea Economică
Authors: Adrian Lupușor, Alexandru Fala,
Authors: Adrian Lupușor, Alexandru Fala,
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…
Wasting the public money: Court of Accounts reports on Subsidy Fund for agricultural producers and Fund for Energy Efficiency in 2013
Monday, 23 February 2015
Published in
H0 - General
H4 - Publicly Provided Goods
Sectorul Public
Studii de politici publice
Authors: Tatiana Savva,
Authors: Tatiana Savva,
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.…
The fall of Moldovan Leu. How can we recover it?
Thursday, 19 February 2015
Published in
Comentarii economice
E0 - General
E2 - Macroeconomics: Consumption, Saving, Production, Employment, and Investment
This is an op-en wrote by Adrian Lupușor. Read more in the Romanian version.
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…
Impact of the Association Agreement on the Energy sector
Thursday, 29 January 2015
Published in
Alte publicații
D2 - Production and Organizations
D4 - Market Structure and Pricing
F1 - Trade
H0 - General
Authors: Iurie Morcotîlo,
Authors: Iurie Morcotîlo,
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…
Consumers in Moldova to benefit from the EU Association Agreement
Thursday, 29 January 2015
Published in
Alte publicații
N3 - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy
O1 - Economic Development
Sectorul Public
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…
How the Police is benefiting from signing the Association Agreement
Tuesday, 20 January 2015
Published in
Alte publicații
H0 - General
Authors: Tatiana Savva,
Authors: Tatiana Savva,
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…
Transnistrian Economic Review, 4th quarter 2014 (#4)
Wednesday, 07 January 2015
Published in
E0 - General
O1 - Economic Development
Realitatea Economică Transnistreană
Authors: Alexandru Fala, Adrian Lupușor,
Authors: Alexandru Fala, Adrian Lupușor,
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
Analiza și prognoză economică
E0 - General
O1 - Economic Development
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…
Euromonitor (T3-2014, #33)
Wednesday, 24 December 2014
Published in
Euromonitor
Authors: Igor Boțan, Polina Panainte, Mariana Kalughin, Denis Cenușă, Iurie Morcotîlo, Adrian Lupușor,
Authors: Igor Boțan, Polina Panainte, Mariana Kalughin, Denis Cenușă, Iurie Morcotîlo, Adrian Lupușor,
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…
Regional Economic Review: Transnistrian region (#2, December 2014)
Monday, 22 December 2014
Published in
Analiza Creșterii Economice în Transnistria
E0 - General
O1 - Economic Development
Authors: Adrian Lupușor, Iurie Morcotîlo,
Authors: Adrian Lupușor, Iurie Morcotîlo,
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:…
MEGA XI: From political economy to economic policies
Thursday, 11 December 2014
Published in
E0 - General
MEGA- Analiza creșterii economice în Moldova
O1 - Economic Development
Authors: Adrian Lupușor, Alexandru Fala, Iurie Morcotîlo,
Authors: Adrian Lupușor, Alexandru Fala, Iurie Morcotîlo,
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…
Open Data Readiness Assessment in Education in Moldova
Friday, 05 December 2014
Published in
H0 - General
Studii de politici publice
Authors: Dumitru Budianschi,
Authors: Dumitru Budianschi,
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…
First results of the financial education project "Learn! Give sense to money"
Monday, 24 November 2014
Published in
Analiza și prognoză economică
F0 - General
F1 - Trade
The press release in available only in Romanian.
National Human Development Report 2014
Thursday, 20 November 2014
Published in
M0 - General
O1 - Economic Development
Studii de politici publice
Authors: Adrian Lupușor, Alexandru Fala, Dumitru Budianschi, Victor Burunsus,
Authors: Adrian Lupușor, Alexandru Fala, Dumitru Budianschi, Victor Burunsus,
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…
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