Republic of Moldova: Selected Issues

Republic of Moldova: Selected Issues
READ MORE...
Volume/Issue: Volume 2023 Issue 429
Publication date: December 2023
ISBN: 9798400264085
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
paperback else
pdf else
epub else
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Money and Monetary Policy , Public Finance , International - Economics , Environmental Economics , Natural Disasters , quantifying Adaptation investment , Adaptation gap , macro impact , debt financing of Adaptation investment , economic growth in Moldova , Corruption , Infrastructure , Climate change , Natural disasters , Europe , Global , Eastern Europe

Also of interest
Summary

This Selected Issues paper discusses opportunities and challenges of climate adaptation policies in Moldova. Strengthening resilience to natural disasters will require significant adaptation investments in the coming years. This paper shows that such investments can substantially reduce output losses caused by natural disasters, will be more cost-efficient than responding to disasters ex-post, and will contribute to boost Moldova’s long-term economic growth and support its development objectives. However, due to limited domestic financial resources in a complex economic environment, Moldova cannot finance the most-needed adaptation investments without endangering public debt sustainability or hindering its growth potential. Therefore, external support will be critical to help meet the adaptation needs.