文章基本信息

标题：WHAT DRIVES HIGH COST OF FINANCE IN MOLDOVA?
本地全文：下载
作者：Alexandru Stratan ; Marcel Chistruga
期刊名称：Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
印刷版ISSN：1844-7007
出版年度：2012
期号：1
页码：38-46
语种：English
出版社：Academica Brâncuşi
摘要：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.
关键词：access to finance;constraints;growth diagnostics