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Economic Outlook And Policy Responses In Eastern European Countries In The Context Of Recent Crises. Case Of The Republic Of Moldova

Author

Listed:
  • VOSTRICOV, Denis

    (Academy of Economic Studies of Moldova, Chisinau, Republic of Moldova)

  • CASIAN, Angela

    (Academy of Economic Studies of Moldova, Chisinau, Republic of Moldova)

  • COBZARI, Ludmila

    (Academy of Economic Studies of Moldova, Chisinau, Republic of Moldova)

Abstract

Recent global economic shifts stem from the pandemic and Eastern Europe's crisis; Moldova's proximity to Ukraine intensifies these impacts. The aim of the paper is to analyze the effects and policy responses adopted by the authorities of the Republic of Moldova as a result of the Ukrainian crisis emergence, and to define potential policy recommendations. The data used for the paper are official sources and open market data. The methodology is mixed and mainly based on analysis and synthesis. Analysis findings suggest that monetary and fiscal authorities are not the main actors in the current circumstances, but act as supporters of wider national policies, but based on deep knowledge of economic interlinkages and the ability to holistic view, have to play an important role in shaping crisis management actions.

Suggested Citation

  • VOSTRICOV, Denis & CASIAN, Angela & COBZARI, Ludmila, 2023. "Economic Outlook And Policy Responses In Eastern European Countries In The Context Of Recent Crises. Case Of The Republic Of Moldova," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 11(1), pages 136-147, October.
    • Handle: RePEc:vls:rojfme:v:11:y:2023:i:1:p:136-147
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    More about this item

    Keywords

    Monetary policy and Fiscal policy; Crisis management; Geopolitical conflict economic effects; Policy Measures; Policy effects;
    All these keywords.

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • H00 - Public Economics - - General - - - General
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management

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