WHAT DRIVES HIGH COST OF FINANCE IN MOLDOVA?
Alexandru Stratan ()
Annals - Economy Series, 2012, vol. 1, 38-46
Why there are high costs to finance in Republic of Moldova? Is it a problem for business environment? These are the questions discussed in this paper. Following the well know Growth Diagnostics approach by Hausmann, Rodrik and Velasco, authors assess the barriers and impediments to access to finance in Republic of Moldova. Guided by international and national statistics we found evidence of poor intermediation, poor institutions, high level of inflation, and high collateral as major causes of high cost of financial resources in Republic of Moldova. At the end of the study authors give policy recommendations identifying other related fields to be addressed.
Keywords: access to finance; constraints; growth diagnostics (search for similar items in EconPapers)
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2012:v:1:p:38-46
Access Statistics for this article
More articles in Annals - Economy Series from Constantin Brancusi University, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Ecobici Nicolae ().