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Trends In National Bank Of Moldova' Policy Making

Author

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  • Ion MOROZNIUC

    (ational Institute for Economic Research of the Academy of Sciences of Moldova and Ministry of Economy, Republic of Moldova)

Abstract

NBM policies must work towards achieving its inflation targeting strategy based on classical monetary policy instruments - a major long-term priority related to creating the necessary conditions of lending. In this context, the priority related to the granting of rights of creditors, efficient mechanisms to restructure nonperforming loans, improving the business climate, raising confidence in monetary policy, stepping up cooperation between the monetary authority and business. However, the primary objective of the central bank remains the strengthening of the financial stability, optimally capitalized domestic banks, to act promptly of any risk to remediate weaknesses exposed by the crisis.

Suggested Citation

  • Ion MOROZNIUC, 2017. "Trends In National Bank Of Moldova' Policy Making," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 2(1), pages 87-108.
    • Handle: RePEc:brc:brccej:v:2:y:2017:i:1:p:87-108
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    References listed on IDEAS

    as
    1. Aisen, Ari & Veiga, Francisco José, 2008. "The political economy of seigniorage," Journal of Development Economics, Elsevier, vol. 87(1), pages 29-50, August.
    2. Larisa MISTREAN, 2016. "Suitability for use of open market operations as a main tool of monetary control by the National bank of Moldova," Eastern European Journal for Regional Studies (EEJRS), Center for Studies in European Integration (CSEI), Academy of Economic Studies of Moldova (ASEM), vol. 2(1), pages 1-177, June.
    3. Arrau, Patricio, 1990. "How does the debt crisis affect investment and growth? : a neoclassical growth model applied to Mexico," Policy Research Working Paper Series 378, The World Bank.
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    More about this item

    Keywords

    bank assets; share; liquidity loans; deposits;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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