1945

Since its declaration of independence in 1991, Moldova has gone through a series of very difficult transitions at enormous social cost. The first decade of the transitional period, which mainly saw changes in the liberalization, privatization and stabilization of the country’s economy, was also marked by political instability and a deep economic recession. In 2011, Moldova is a country still in transition and in the middle of carrying out many reforms of its public institutions, legislations and policy agenda. Renewed economic growth in 2010 and potential opportunities from European Union (EU) integration have created an environment conducive to modernization and positive change in Moldova.

Related Subject(s): Economic and Social Development
/content/books/9789210550017c006
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