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Index Of The Cycle Of Money - The Case Of Moldova

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  • Constantinos CHALLOUMIS

Abstract

This paper assesses the cycle of money in an actual case scenario like this of the economic system of Moldova. The calculations of the index of the cycle of money in Moldova are compared with the global average index of the cycle of money. The results reveal that Moldova is below the average global value, but it is above the critical level of 0.2, meaning that the economy can face an economic crisis. Therefore, Moldova’s results show that it is a well-structured economy and can face an economic crisis. These results are from a project for multiple countries and this is the only study until the present time about this country’s index of the cycle of money. The period that is used for compiles is the global recession period of 2012 - 2020. Prior results are from the cases of Latvia, Bulgaria, Serbia, Greece, Montenegro, Ukraine, and Thailand. The current work is the only one for the case of Moldova.

Suggested Citation

  • Constantinos CHALLOUMIS, 2022. "Index Of The Cycle Of Money - The Case Of Moldova," Eastern European Journal for Regional Studies (EEJRS), Center for Studies in European Integration (CSEI), Academy of Economic Studies of Moldova (ASEM), vol. 8(1), pages 77-89, June.
    • Handle: RePEc:aem:journl:v:8:y:2022:i:1:p:77-89
    DOI: https://doi.org/10.53486/2537-6179.8-1.06
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    References listed on IDEAS

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    1. Zoltan Acs & Laszlo Szerb, 2007. "Entrepreneurship, Economic Growth and Public Policy," Small Business Economics, Springer, vol. 28(2), pages 109-122, March.
    2. Constantinos CHALLOUMIS, 2018. "The Role of Risk to the International Controlled Transactions," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 57-64.
    3. Constantinos Challoumis, 2020. "Analysis of the Theory of Cycle of Money," Acta Universitatis Bohemiae Meridionalis, University of South Bohemia in Ceske Budejovice, Faculty of Economics, vol. 23(2), pages 13-29.
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    Keywords

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    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
    • H1 - Public Economics - - Structure and Scope of Government

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