Gender Analysis of Public Expenditures of the Republic of Moldova

2017 ◽  
Author(s):  
Andrei Constantin Petroia ◽  
Natalia Parea
Keyword(s):  
Public Expenditures ◽  
Gender Analysis ◽  
Republic Of Moldova ◽  
The Republic

scholarly journals Analysis of public expenditure management in terms of respect for economic, social and cultural rights in the Republic of Moldova

Economica ◽  
2021 ◽  
pp. 7-23
Author(s):  
Angela Secrieru ◽  
Keyword(s):  
Financial Management ◽  
Public Expenditure ◽  
Public Expenditures ◽  
Fiscal Discipline ◽  
Republic Of Moldova ◽  
Cultural Rights ◽  
Public Financial Management ◽  
The Republic ◽  
Public Expenditure Management

To a great extent, respecting human rights in the Republic of Moldova is affected by unsatisfactory evolution of public expenditures and the way the latter are managed. The quality of public expenditure management, with an impact on respecting economic, social and cultural rights (ESCR) is evaluated through the prism of basic objectives of public financial management, namely the following: maintaining strict financial discipline, allocating public financial resources in conformity with government’s priorities, efficient provision of public services. The central public administration and local public administrations from the Republic of Moldova are relatively more successful in consolidating fiscal discipline than in providing an efficient use of public expenditure in conformity with strategic priorities. The research argues the positive effect which can be made by improvement of public expenditure management on respecting ESCR in the Republic of Moldova.

scholarly journals Budgetary efficiency expressed as the interdependence of public expenditures and the Gross Domestic Product in the Republic of Moldova

2020 ◽  
Vol 2 (1) ◽  
pp. 245-253
Author(s):  
Ion Pârţachi ◽  
Simion Mija
Keyword(s):  
Economic Growth ◽  
Quantitative Analysis ◽  
Gross Domestic Product ◽  
Performance Indicators ◽  
Public Expenditure ◽  
Econometric Model ◽  
Public Expenditures ◽  
Republic Of Moldova ◽  
Efficiency And Effectiveness ◽  
The Republic

Abstract We address budget performance in terms of savings, efficiency, and effectiveness. To facilitate a quantitative analysis of budgetary efficiency, we perform a detailed study based on an econometric model of the interdependence of public expenditure, both capital and private, and GDP. We show that an increase in public expenditure, especially current, can significantly accelerate the growth of the productive sectors of the economy. Further, the implementation of performance indicators for public expenditure can lead to accelerated economic growth, both quantitatively as well as qualitatively, in the Republic of Moldova.

scholarly journals Assessment of public expenditure on education and the impact of revenues: the case of Moldova

2019 ◽  
pp. 61-73
Author(s):  
Ana Machidon
Keyword(s):  
Public Expenditure ◽  
Public Expenditures ◽  
Republic Of Moldova ◽  
Distributed Lag ◽  
Distributed Lag Model ◽  
Autoregressive Distributed Lag ◽  
Long Run ◽  
Lag Model ◽  
The Republic ◽  
The Impact

Investment in human capital is a key strategic concept for the economy and for future development of a country. Therefore, public expenditure on education determines a major point in countries like Moldova, where the education is financed from public funds predominantly. Theories show that the link between expenditures and revenues is inevitable in most of the cases. This study attempts to approach two angles of spending in education: the first is to study and analyse public expenditures in education and in what budget proportions they are spent, and the second is to find out whether there exists a relationship between expenditures in education and government revenues; if yes, to what extent the revenues would have an impact on the expenditures in education. The Autoregressive Distributed Lag model was used in order to find the impact of revenues on expenditures in education. The model was tested for stability, heteroskedasticity, correlation, and normality. The results of the study show that the expenditures on education in the Republic of Moldova lack stability in relation to the economy and that the significant impact from government revenues determines the expenditures in the short and long run. The research is a contribution to the enhancement of public expenditure policy in education taking into consideration the limits imposed from the revenues side, and it may guide governments for better decision-making policies.

scholarly journals The Sustainability of Public Finances in Republic of Moldova Under EU Fiscal Rules

2016 ◽  
Vol 63 (2) ◽  
pp. 149-159
Author(s):  
Tatiana Covalschi ◽  
Sebastian Lazăr
Keyword(s):  
Public Debt ◽  
Fiscal Rules ◽  
Public Expenditures ◽  
Budget Deficits ◽  
The European Union ◽  
Public Finances ◽  
The Public ◽  
Republic Of Moldova ◽  
Fiscal Compact ◽  
The Republic

This paper analyses public finances sustainability in the Republic of Moldova under the European Union fiscal rules, by estimating the structural budget balance indicator using a three steps methodology. We concluded that, except for 2009, the Republic of Moldova complies with the Maastricht numerical fiscal rule; however it does not comply with the new fiscal rules regarding the structural deficit and public expenditures growth that had been set by the Fiscal Compact. The fact that budget deficits and public debt had been sustainable was mainly because of the concessions made by the external creditors in restructuring the public debt and was not a merit of national government. Moreover, since the regular budget deficit and the structural one tell different stories, we strongly advocate for using the latter in order to complement the existing data with a medium-term budgetary view.

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