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Republic Of Moldova In The Content Of International Financial Crisis: New Challenges And Economic Growth Mechanisms

Author

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  • Victoria Timus

    (Institute of Economy, Finance and Statistics)

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.

Suggested Citation

  • Victoria Timus, 2009. "Republic Of Moldova In The Content Of International Financial Crisis: New Challenges And Economic Growth Mechanisms," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 44(1), pages 19-24.
    • Handle: RePEc:blg:reveco:v:44:y:2009:i:1:p:19-24
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    File URL: http://economice.ulbsibiu.ro/RePEc/blg/reveco/444Timus.pdf
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