Description: Moldova : Public Economic Management Review

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Moldova : Public Economic Management Review

Unfavorable initial conditions, and extreme vulnerability to external shocks, as experienced by Moldova's economic transition, culminated in the 1998 regional financial crisis, which fostered the need for radical fiscal retrenchment, namely, r...

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Bibliographic Details
Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ABSOLUTE POVERTY ACCOUNTABILITY AGGREGATE FISCAL DISCIPLINE ALLOCATIVE EFFICIENCY BUDGET DEFICIT BUDGET EXECUTION BUDGET FORMULATION BUDGET MANAGEMENT BUDGET PROCESS BUDGET REFORMS BUDGET SYSTEM BUDGETARY FUNDS BUSINESS ASSOCIATIONS BUSINESS ENVIRONMENT CENTRAL GOVERNMENT CHILD ALLOWANCES CITIZENS CIVIL SOCIETY CORRUPTION CPI CURRENCY UNIT DEBT SERVICING DECENTRALIZATION PROCESS DECENTRALIZATION REFORM DECISION MAKING DECISION- MAKING DECISION-MAKING DECISION-MAKING PROCESSES DEFICIT FINANCING DONOR ASSISTANCE ECONOMIC CONDITIONS ECONOMIC GROWTH ECONOMIC MANAGEMENT ECONOMIC REFORM EDUCATION EMPLOYMENT ETHICS EXCHANGE RATE EXECUTION EXPENDITURE EXPENDITURE ASSIGNMENT EXPENDITURE REVIEW EXTERNAL DEBT EXTERNAL SHOCKS FINANCIAL ACCOUNTABILITY FINANCIAL CRISIS FINANCIAL SUPPORT FISCAL FISCAL CONTROL FISCAL CRISIS FISCAL DECENTRALIZATION FISCAL DEFICIT FISCAL POLICY FISCAL SUSTAINABILITY GOVERNMENT AGENCIES GOVERNMENT DECISION GOVERNMENT EXPENDITURES GOVERNMENT OFFICIALS GOVERNMENT POLICY GOVERNMENT SERVICES GOVERNMENT STRUCTURES GOVERNMENTAL ORGANIZATION GROSS DOMESTIC PRODUCT GROWTH RATE HARD BUDGET CONSTRAINTS HEALTH HEALTH EXPENDITURES HEALTH OUTCOMES HEALTH STATUS HUMAN CAPITAL HUMAN RESOURCE HUMAN RESOURCE MANAGEMENT IMPACT ASSESSMENT IMPORTS INCOME INFLATION INSTITUTION BUILDING INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL CAPACITY INSTITUTIONAL CONSTRAINTS INSTITUTIONAL FRAMEWORK INSTITUTIONAL REFORMS INSTITUTIONAL WEAKNESSES INTERGOVERNMENTAL FISCAL RELATIONS INTERNAL AUDIT LEGAL FRAMEWORK LEGISLATION LEGISLATIVE FRAMEWORK LEVELS OF GOVERNMENT LOBBYING LOCAL AUTHORITIES LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL LEVEL LONG TERM MACROECONOMIC FRAMEWORK MANAGERS MARKET ECONOMY MINISTRY OF FINANCE PENSION SYSTEM POLICY ANALYSIS POLICY MEASURES POLITICAL CONSENSUS POLITICAL CONTEXT POLITICAL INSTABILITY POVERTY ALLEVIATION POVERTY REDUCTION POVERTY REDUCTION STRATEGY PRIMARY HEALTH CARE PRIORITY AREAS PRIVATE SECTOR PROVISIONS PUBLIC ADMINISTRATION PUBLIC ADMINISTRATION REFORM PUBLIC DEBT PUBLIC DEBT MANAGEMENT PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURES PUBLIC OFFICIALS PUBLIC SECTOR PUBLIC SECTOR REFORM PUBLIC SERVICE PUBLIC SERVICE REFORM PUBLIC SPENDING PURCHASING POWER REAL TERMS RECURRENT EXPENDITURES REPRESENTATIVES RESOURCE ALLOCATION RESOURCE CONSTRAINTS REVENUE ADMINISTRATION REVENUE ASSIGNMENT SCHOOLS SECTORAL ALLOCATIONS SERVICE DELIVERY SHORT TERM SOCIAL ASSISTANCE SOCIAL ASSISTANCE SYSTEM SOCIAL EXPENDITURE SOCIAL EXPENDITURES SOCIAL INDICATORS SOCIAL INSURANCE SOCIAL PROTECTION SOCIAL PROTECTION PROGRAMS SOCIAL SECTOR SOCIAL SECTORS SOCIAL SERVICES STATE BUDGET STRUCTURAL ADJUSTMENT STRUCTURAL REFORM STRUCTURAL REFORMS STRUCTURE OF GOVERNMENT SUSTAINABILITY ANALYSIS SUSTAINABLE GROWTH TAX TEAM LEADERS TECHNICAL ASPECTS TERMS OF TRADE TRANSITION COUNTRIES TRANSPARENCY TREASURY UTILITIES
Online Access:	http://documents.worldbank.org/curated/en/2003/03/2192682/moldova-public-economic-management-review http://hdl.handle.net/10986/14834

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Summary:	Unfavorable initial conditions, and extreme vulnerability to external shocks, as experienced by Moldova's economic transition, culminated in the 1998 regional financial crisis, which fostered the need for radical fiscal retrenchment, namely, reductions in social sectors expenditures. Currently, and despite a seemingly reasonable, attainable growth, the challenge for the Government is to improve basic outcomes in social sectors, and address inequities in access to basic social services. Key recommendations in this report suggest: a) launching a major program of public service reform; b) strengthening the government decision-making process, through the introduction of a system of Cabinet Committees, and the restructuring of the State Chancellery into a non-political Government Secretariat; c) strengthening strategic prioritization in budget formulation, through a structured approach to developing, and implementing the Medium Term Expenditure Framework; d) strengthening the budget process, through increased budget coverage - deepening Treasury coverage - and setting a stronger, internal/external accountability framework. Similarly, recommendations call for a strengthened civil service management, by amending the Civil Service Law, securing the application of key merit principles, and de-politicization, while launching a functional program to rationalize government structures. Furthermore, sector-specific reforms in the social sectors should be accelerated, particularly for education and social assistance, balancing basic education, primary health care, and emergency services.