State of the Country - REPUBLIC of MOLDOWA 2016 - Lupuşor, Adrian; Fală, Alexandru; Popa, Ana; Cenusa, Denis; Garștea, Natan; Prohniţchi, Valeriu (EXPERT-GRUP Centrul Analitic Independent, 2016)
The Independent Think-Tank Expert-Grup in partnership with the Friedrich-Ebert-Stiftung is launching today, the 30th of September, in the framework of the 4th Edition of the Annual International Conference MACRO 2016, the State of the Country Report 2016.The experts ascertain that the Republic of Moldova, at her early age of 25th years of independence, is confronting one of the most acute crises in its short history. After the economic, currency and banking shocks of 2015–2016, Moldova has become more vulnerable than ever, entering a period of anemic economic growth, which could last for at least five years. Besides the external constraints, the fundamental cause aggravating Moldova’s economic condition is related to major governance failures in the recent years, intensified by the "brain-drain" phenomenon