IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2012v1p38-46.html
   My bibliography  Save this article

What Drives High Cost Of Finance In Moldova?

Author

Listed:
  • Alexandru Stratan, Marcel Chistruga

    (Institute of Economy, Finance and Statistics, Republic of Moldova)

Abstract

Why there are high costs to finance in Republic of Moldova? Is it a problem for business environment? These are the questions discussed in this paper. Following the well know Growth Diagnostics approach by Hausmann, Rodrik and Velasco, authors assess the barriers and impediments to access to finance in Republic of Moldova. Guided by international and national statistics we found evidence of poor intermediation, poor institutions, high level of inflation, and high collateral as major causes of high cost of financial resources in Republic of Moldova. At the end of the study authors give policy recommendations identifying other related fields to be addressed.

Suggested Citation

  • Alexandru Stratan, Marcel Chistruga, 2012. "What Drives High Cost Of Finance In Moldova?," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 38-46, March.
    • Handle: RePEc:cbu:jrnlec:y:2012:v:1:p:38-46
    as

    Download full text from publisher

    File URL: http://www.utgjiu.ro/revista/ec/pdf/2012-01/4_ALEXANDRU_STRATAN.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gabrisch, Hubert, 2014. "The binding constraint on growth in less developed Western Balkan countries," MPRA Paper 60020, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2012:v:1:p:38-46. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.