MEGA - Moldova Economic Growth Analysis № 11 / 2014
MEGA - Moldova Economic Growth Analysis № 11 / 2014

Author(s): Adrian Lupuşor, Alexandru Fală, Iurie Morcotîlo
Subject(s): National Economy, Economic policy
Published by: EXPERT-GRUP Centrul Analitic Independent
Summary/Abstract: The Republic of Moldova is starting a new political cycle, and the challenges for the new Government will be greater than ever. The parliamentary elections of 2014, contrary to the idea widely circulated in public opinion, were not geopolitical, but had a purely internal origin, reflecting the division of society between those who voted against the current government and those who gave them a last chance. The next Government is going to face some major challenges in the coming years. The reason is that in order to ensure the modernization of the country and its proximity to the EU, a series of systemic reforms of critical importance are needed, the non-implementation of which could compromise the European vector. At the same time, promoting such reforms is quite difficult due to the fact that the current internal political context is quite fragile. Among the main political challenges are: the fragmentation of the political "elites" which also determines the fragility of the parliamentary majority with pro-European views (at least declared), as well as the proximity of the local elections in 2015 and the presidential elections in 2016. Therefore, the Government will have to cope with the overlap of 2 electoral cycles: the post-electoral period for central public authorities, when as a rule the most unpopular but necessary reforms are promoted, and the pre-electoral period for local public authorities, when, on the contrary, such reforms are postponed in favor of populist measures. In this context, the formation of the next Government as quickly as possible is of crucial importance.

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