INDEX OF THE CYCLE OF MONEY - THE CASE OF MOLDOVA
INDEX OF THE CYCLE OF MONEY - THE CASE OF MOLDOVA
Author(s): Constantinos ChalloumisSubject(s): National Economy, Transformation Period (1990 - 2010), Present Times (2010 - today), Financial Markets
Published by: Center for Studies in European Integration, Academy of Economic Studies of Moldova
Keywords: Index of the cycle of money; general index of cycle of money; Moldova; Cycle of Money (CM) theory; structure of the economy;
Summary/Abstract: This paper assesses the cycle of money in an actual case scenario like this of the economic system of Moldova. The calculations of the index of the cycle of money in Moldova are compared with the global average index of the cycle of money. The results reveal that Moldova is below the average global value, but it is above the critical level of 0.2, meaning that the economy can face an economic crisis. Therefore, Moldova’s results show that it is a well-structured economy and can face an economic crisis. These results are from a project for multiple countries and this is the only study until the present time about this country’s index of the cycle of money. The period that is used for compiles is the global recession period of 2012 - 2020. Prior results are from the cases of Latvia, Bulgaria, Serbia, Greece, Montenegro, Ukraine, and Thailand. The current work is the only one for the case of Moldova.
Journal: Eastern European Journal for Regional Studies (EEJRS)
- Issue Year: 8/2022
- Issue No: 1
- Page Range: 77-89
- Page Count: 13
- Language: English