Attestation committee
Accreditation committee
Expert committee
Dispositions, instructions
Normative acts
Nomenclature
Institutions
Scientific councils
Seminars
Theses
Scientific advisers
Scientists
Doctoral students
Postdoctoral students
CNAA logo

 română | русский | english


The impact of processes and tendencies at the international investment market on socioeconomic situation in the Republic of Moldova


Author: Melnicenco Olesea
Degree:doctor of economics
Speciality: 08.00.10 - Finance; Monetary Economics; Credit
Year:2010
Scientific adviser: Tatiana Iovv
doctor, associate professor (docent), Academy of Economic Studies of Moldova
Institution:
Scientific council:

Status

The thesis was presented on the 28 August, 2010
Approved by NCAA on the 6 October, 2010

Abstract

Adobe PDF document0.37 Mb / in romanian

Keywords

international investment market, globalization, integration, regionalization, financialization, foreign direct investments (FDI), capital flows, socio-economic situation, gross domestic product (GDP), FDI-recipient, genuine progress indicator (GPI).

Summary

The dissertation was elaborated during 2006-2009 at the department of Investments and Capital Markets, ASEM, Chisinau. The thesis consists of preface, three chapters, general conclusions and recommendations, 18 annexes, bibliography 280 items, in total 110 pages of main text, 37 figures and 9 tables. The results were published in11 scientific works and implemented in the activity of the World Bank Office in Moldova, PAIiIZ (Poland) and CDEAP.

The domain of study covers theoretical and practical aspects of functioning of the international investment market, processes and tendencies at the international investment market. The purpose of thesis is to determine the impact of these processes on social and economic development of the Republic of Moldova. Objectives of the thesis are: analysis of the role of FDI in economic development of countries, evaluation of social and economic situation in the Republic of Moldova with regard to foreign capital influence, estimation of the foreign capital impact of social and economic development of the Republic fo Moldova.

Scientific originality consists in synthesizing and determining of the specific of the international investment market and its relations, which can or influence the socio-economic position of the Republic of Moldova, proposal a synthetic indicator (GPIa) of evaluation of socio-economic situation, elaboration of a model of foreign capital impact on growth and social development of the Republic of Moldova. Special attention is paid to the analysis of studies about the impact of globalization, integration and liberalization of investment market on economies, the importance of FDI in economic development and growth, which are theoretically significant in the context of thesis purposes.

Understanding the problems of the contemporary investment market has a special practical importance in context of economic crisis, which happened in 2008 and was generated in financial sector. The connection of financial and real sectors of economy, which is created at the investment market, is necessary to adopt correct policy measures. Application of methodology approach accepted and tested on international level helped to demonstrate the impact of FDI – the main instrument of the international investment market, on economic growth and development of the Republic of Moldova. In practical aspect, the econometric analysis can be considered a basis for policy steps to attract FDI in the Republic of Moldova.