REPUBLIC OF MOLDOVA IN THE CONTENT OF INTERNATIONAL FINANCIAL CRISIS: NEW CHALLENGES AND ECONOMIC GROWTH MECHANISMS

Victoria Timus
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Victoria Timus: Institute of Economy, Finance and Statistics

Revista Economica, 2009, vol. 44, issue 1, 19-24

Abstract: Trade relations with the rest of the world, as well as the attraction of foreign capital, create a certain level of vulnerability for the changes that take place on international level. If foreign countries, in conditions of actual financial turbulence face problems regarding the attraction of credit resources, the Republic of Moldova, which feeds its economy with savings and wages of migrants, risks to loose the main source of economic growth, as a result of high unemployment rates all over the world under the wave of the financial crisis.

Keywords: financial crisis; foreign capital; Moldova (search for similar items in EconPapers)
Date: 2009
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