Republic of Moldova: Selected Issues Paper

International Monetary Fund

No 2010/232, IMF Staff Country Reports from International Monetary Fund

Abstract: The composition of short-term and medium-term adjustment measures will facilitate sufficient short-term adjustment flexibility, and be consistent with medium-term fiscal sustainability. Improving debt resolution instruments will help the banks to regain confidence in lending. Meanwhile, there is a need to consider improvements in its liquidity framework. The main factors that shaped the economic growth model in Moldova in the last decade and the risks of the current growth model are outlined. Public policies can promote growth by identifying and addressing the most binding constraints to development.

Keywords: ISCR; CR; wage; monetary policy; bank; interest rate; growth model; wage bill; GDP growth; system reform; growth performance; bill measure; Pension spending; Public employment; Wages; Pensions; Global; Eastern Europe; Europe (search for similar items in EconPapers)
Pages: 83
Date: 2010-07-27
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Citations: View citations in EconPapers (3)

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