scholarly journals The pharmaceutical reform in the Republic of Moldova during the period of independence

2021 ◽  
Vol 7 (4) ◽  
pp. 42-51
Author(s):  
S. B. Adauji ◽  
M. D. Brumarel ◽  
L. V. Spinei ◽  
V. N. Safta
Keyword(s):  
Market Economy ◽  
Capital Market ◽  
Banking System ◽  
Legal Framework ◽  
National Currency ◽  
Democratic Values ◽  
Pharmaceutical Sector ◽  
Economic Management ◽  
Republic Of Moldova ◽  
The Republic

Over the last two decades, the Republic of Moldova has gone through a complex and controversial way of its development. Determining its vector of development based on the democratic values of Western culture the legal framework has been practically completely revised and created. The concept of reforming the pharmaceutical sector in the Republic of Moldova included: liberalization of prices and freedom from the planned system of economic management while creating the necessary mechanisms for the functioning of the market economy – creating the banking system, establishing the capital market, introducing the national currency, creating other institutions, as well as the huge process of creating a new legal framework.

THE IMPACT OF GLOBAL SECURITY ASSURANCE ON THE SOCIO-POLITICAL MODERNIZATION OF THE REPUBLIC OF MOLDOVA

Moldoscopie ◽  
2021 ◽  
pp. 54-59
Author(s):  
Serghei Sprincean ◽  
◽  
Ghenadie Mitrofanov ◽  
Keyword(s):  
National Security ◽  
Banking System ◽  
Humanitarian Law ◽  
Global Security ◽  
Republic Of Moldova ◽  
Military Presence ◽  
Political Modernization ◽  
Global Nature ◽  
The Republic ◽  
The Impact

Global security, as a concept, has developed on the basis of international legislation on the national security of states, but also on international humanitarian law, which focus on the protection of global harmony and sustainable development. The national and international political system, in the phase of overcoming crises, in correlation with the challenges and threats to global security, acquires new valences and functions, given that international bodies, supported by national state structures, are forced to face the intensification of evolution. alignment of the world balance. As current threats of a global nature, but manifested locally and in connection with the national security of the Republic of Moldova were identified as: poverty, economic underdevelopment and energy dependence, transnistrian conflict, tensions in the area and foreign military presence, external coercion, the criminogenic factor, corruption, the demographic problem and the exacerbation of the migration phenomenon, population health, natural disasters, environmental pollution, technogenic accidents, information insecurity, instability of the financial-banking system.

scholarly journals EFFECTS OF HUMAN RESOURCE MANAGEMENT ON FINANCIAL PERFORMANCE OF BANKING SYSTEM OF THE REPUBLIC OF MOLDOVA

2019 ◽  
pp. 13-18
Author(s):  
Darovannaia Alla ◽  
Lopotenco Viorica
Keyword(s):  
Banking System ◽  
Financial Indicators ◽  
Risk Environment ◽  
Bank Efficiency ◽  
Banking Efficiency ◽  
Staff Management ◽  
Republic Of Moldova ◽  
Related Risk ◽  
The Republic ◽  
The Impact

The main objective of this study is to evaluate the efficiency of the banking system of the Republic of Moldova under the impact of the resources that influence it, focusing on human resources. The assessment of banking efficiency through financial indicators includes some indicators. Analyzing the notion of efficiency it can be seen that it is dependent on several qualitative factors, which gives it a complex character. The study of bank efficiency mainly involves a causal analysis of the factors that determine the decisions in a related risk environment. In the present paper, we intend to analyze in particular the effect of the banking staff management on bank efficiency, as it is mainly dependent on the way the bank employees’ work. One of the essential factors influencing the Moldovan banking system analyzed in the present study is the efficiency of staff management.From the analysis, it can be noticed that there is a link between the banking efficiency and the efficiency of banking staff management. Banks with better indicators of bank management efficiency also have higher banking efficiency.

scholarly journals Risks and stability of the banking system of the Republic of Moldova

2021 ◽  
Author(s):  
Grigore Duhlicher ◽  
Keyword(s):  
Financial Markets ◽  
Financial Crises ◽  
Banking Sector ◽  
Banking System ◽  
Republic Of Moldova ◽  
Banking Systems ◽  
The Republic ◽  
And Performance ◽  
The Stability ◽  
Financial Balance

The banking sector is constantly affected by a multitude of risks, which jeopardize its stability and performance. The multiplication, diversification and continuous intensification of banking risks emphasizes the need to define, identify, analyze and manage these phenomena, this process having a major impact on the stability of national banking systems and global financial balance. Efforts to this end must maintain the stability of financial-banking systems, characterized by a lack of major imbalances, which could lead to systemic financial crises, the inability of financial institutions to conduct financial operations, or the collapse of financial markets.

scholarly journals PEDAGOGICAL AND ORGANIZATIONAL ASPECTS IN THE FIGHT AGAINST DOPING IN SPORT

2021 ◽  
Author(s):  
Vasile Triboi ◽  
◽  
Natalia Nastas ◽  
Keyword(s):  
Higher Education ◽  
Physical Education ◽  
Young Athlete ◽  
Legal Framework ◽  
Education Programs ◽  
Normative Documents ◽  
Republic Of Moldova ◽  
Doping In Sports ◽  
The Republic

This paper addresses the problem of the use of prohibited steroids, used by some athletes to increase their performance. The legal framework of the Republic of Moldova and the international normative documents (WADA) were analyzed, defining the role of anti-doping measures, the information and education programs of the young athlete generation. The pedagogical and organizational aspects of the process of combating doping in sports were determined. There were also revealed some anti-doping activities, recommended for application in the system of children physical education and sports, as well as those for the youth from higher education of physical education and sports.

scholarly journals Ina Talpă, Sergiu Musteață, Le misure di protezione del patrimonio archeologico nella Repubblica di Moldavia / The Measures for the Protection of Archaeological Heritage in the Republic of Moldova

2017 ◽  
Vol 5 (1) ◽  
pp. 142-156
Keyword(s):  
Cultural Heritage ◽  
Legal Framework ◽  
Heritage Preservation ◽  
Archaeological Heritage ◽  
Republic Of Moldova ◽  
The Law ◽  
The Republic ◽  
International Conventions ◽  
Near Future ◽  
Cultural Heritage Preservation

This article discusses, in general, the cultural heritage preservation legal framework, and, especially, the Law of the Republic of Moldova on Archaeological Heritage Preservation approved by the Moldovan Parliament in 2010. Since the beginning of its independence, Moldova has had very poor legislation on cultural heritage, mostly based on the 1993 Law on monument preservation. But, during the last decade the Moldovan legal framework on heritage it is the improving very much. The 2010 Law on archaeological heritage preservation is the first of its kind in Moldova and was established according to the principles of the European and International Conventions signed by the Republic of Moldova. This paper debates the content of the new law, and light some needs for near future improvements.

FORMATION OF THE MOLDOVAN LOCAL SELF-GOVERNMENT SYSTEM IN THE CONTEXT OF EUROPEAN INTEGRATION (1990S)

2021 ◽  
pp. 53-85
Author(s):  
Elena A. Kosovan ◽  
Keyword(s):  
European Union ◽  
Soviet Union ◽  
Institutional Environment ◽  
Legal Framework ◽  
Formal Structure ◽  
The European Union ◽  
Republic Of Moldova ◽  
The Soviet Union ◽  
The Republic ◽  
Decentralization Reform

The article considers the process of formation of the institutional and legal framework for the local self-government system in the Republic of Moldova. Chronologically, the study covers the first decade after the collapse of the Soviet Union. The author places the formation of the national local self-government system in the context of the European vector of Moldovan foreign policy, analysing the process (especially the implementation of the so- called “decentralization reform”) from the perspective of Moldova’s interaction with the European Union and the Council of Europe. The theories of formal structure and social imitation provide the conceptual framework for the study. The author briefly describes the Soviet self-government system, the gradual abandonment of which was the essence of the reforms of the 1990s, and touches upon the organization of self-governance according to the Anglo-Sax- on and Continental models and the modern systems of self-governance existing in the European Union, to which the Republic of Moldova aspires to become a member. The article consecutively analyses the stages of work of Moldovan legislators aimed at the formation of local authorities, evaluating its results both in terms of compliance with European norms and principles of local self-government organization and in the context of the national ethno-political, institutional and legal, civil and political specificity. According to the author’s hypothesis, the Republic of Moldova builds a system of local self-government by introducing elements of its institutional environment (European principles of regionalization and deconcentration) into its formal structures, but proceeds not so much from their compliance with specific goals and objectives of the Moldovan state, its political, economic and sociocultural specificities, as from their symbolic weight and ability to legitimize Moldova on the international scene as a state successfully undergoing a democratic transition.

Legal Framework of Developing Corporate Governance in Healthcare Organizations in Kazakhstan

2019 ◽  
Vol 10 (3) ◽  
pp. 890
Author(s):  
Indira Sovetovna SAKTAGANOVA ◽  
Gulmira Sovetovna SAKTAGANOVA ◽  
Sholpan Sherehanovna ORMANOVA ◽  
Elnara Ashimovna ASHIMOVA ◽  
Nurzhan SAULEN
Keyword(s):  
Corporate Governance ◽  
Supervisory Board ◽  
Legal Framework ◽  
Gradual Transition ◽  
Healthcare Organizations ◽  
Economic Management ◽  
Supervisory Boards ◽  
Private Medicine ◽  
The Republic ◽  
The Right

One of the important tasks set by the Head of State in 100 Concrete Steps to Implement Five Institutional Reforms, the Plan of the Nation, is step 81 – Development of Private Medicine, Implementation of Corporate Governancein Medical Organizations. The development of private medicine and the improvement of independence of state healthcare organizations through a gradual transition to the status of state-owned enterprises on the basis of the right of economic management with the introduction of corporate governance set new requirements to senior managers of healthcare organizations, the nature of their tasks and ways to solve them. In order to implement the project of the Ministry of Health of the Republic of Kazakhstan (RK) ‘Development of Management and Corporate Governancein Healthcare Organizations’, the transition of state medical organizations on the basis of economic management has been analyzed. The methodological and advisory support is provided to medical organizations at the regional level. The regulatory framework in the area of management and corporate governance of healthcare is developed and amended. The activities of the supervisory boards of state-owned enterprises (SE) on the basis of the right of economic management (REM) have been analyzed and estimated. The data on the current secretaries of the supervisory boards and independent members of the supervisory board have been collected. The corporate governance in subordinate organizations has been rated. The rating of corporate governance is becoming an indicator of compliance with the best practices, both in state-owned and private organizations around the world. Such estimation makes it possible to analyze not only the mechanisms of work, but also to understand the dynamics of these processes. Using the in-depth approach, this instrument helps determining the potential and considerablyimproving the efficiency of the supervisory boards and the entity, as a whole.

scholarly journals Republic of Moldova

2020 ◽  
Vol 20 (76) ◽  
Author(s):  
Keyword(s):  
Capital Accumulation ◽  
Inflation Targeting ◽  
Foreign Currency ◽  
Banking System ◽  
Inclusive Growth ◽  
Income Convergence ◽  
Institutional Reforms ◽  
Exchange Rate Flexibility ◽  
Republic Of Moldova ◽  
The Republic

This paper presents 2019 Article IV Consultation with the Republic of Moldova and its Sixth Reviews Under the Extended Credit Facility and Extended Fund Facility Arrangements. Moldova’s economic growth remained solid in the first three quarters of 2019, with output expanding nearly 5 percent, supported by strong domestic demand. The three-year program has been broadly successful in achieving its objectives. Comprehensive reforms have rehabilitated the banking system and strengthened financial sector governance, entrenching macrofinancial stability. Prudent and well-coordinated policies are needed to safeguard the progress achieved. Decisive governance and institutional reforms are necessary for faster, sustainable, and inclusive growth. Safeguarding central bank independence is a priority. The inflation-targeting (IT) regime remains appropriate, but additional efforts are needed to improve policy credibility, promote exchange rate flexibility, and disincentivize foreign currency intermediation. Widespread governance and institutional vulnerabilities are major impediments to accelerating income convergence. Addressing these could have significant growth dividends through faster capital accumulation, reduced labor and human capital headwinds from emigration, and higher productivity.

scholarly journals Cat bonds market: Legal framework and perspectives

2021 ◽  
Vol 59 (2) ◽  
pp. 141-160
Author(s):  
Ranko Sovilj
Keyword(s):  
Capital Market ◽  
National Level ◽  
Legal Framework ◽  
Legal Aspects ◽  
International Capital ◽  
Principal Characteristics ◽  
Catastrophe Bonds ◽  
Cat Bonds ◽  
The Status ◽  
The Republic

The paper analyses the legal aspects of the status of the catastrophe bonds market. Cat bonds are innovative instruments of securitization, which play a significant role in the financing of natural disasters. Some of the advantages of catastrophe bonds issue are the possibility of expanding risk transfer, reducing credit risk exposure and improving capital management. The aim of research is to point out the possible ways of efficient financing of catastrophic losses, such as the issue of catastrophe bonds. The paper will analyse the principal characteristics of cat bonds, as a significant instrument in connecting capital market with the insurance market. The author considered the current situation at the international and national level. Considering the tendencies in the international capital market, the author concluded that in the Republic of Serbia there is a legal gap and lack of harmonization of the existing legislation, which prevents the issue of catastrophe bonds.

scholarly journals Legal and institutional aspects that determine the dialog between public authorities and civil society organizations in the Republic of Moldova (part I)

2021 ◽  
pp. 30-47
Author(s):  
Liliana Palihovici ◽  
Keyword(s):  
Civil Society ◽  
Great Influence ◽  
Historical Analysis ◽  
Legal Framework ◽  
Civil Society Organizations ◽  
Public Authorities ◽  
Origin And Evolution ◽  
The Public ◽  
Republic Of Moldova ◽  
The Republic

CSOs are a key component of an open and democratic society as they play a key role in the strengthening of democracy and the rule of law, their dialogue with the public authorities being a precondition for this. By analyzing the development of dialogue between Moldovan CSOs and Central and Local Public authorities (CPA / LPA), I found that PA are not yet fully aware of the value of the dialogue, which is sporadic and guided by certain interests, that do not always coincide with the public interest. The key objective pursued by this research was to review the environment underlying activity and collaboration of the civil society from the standpoint of influence exerted by the internal and external factors that determine the core essence of the social environment, while paving and setting conditions for carrying out activities and collaboration between the civil society and public authorities. The paper aims to prove that more communication and collaboration between public authorities and civil society organizations, will likely result in a more inclusive, qualitative and focused act of governance. The author analyses and presents the existing decision-making systems and its consultation mechanisms with the civil society organizations in the Republic of Moldova, the existing opportunities for CSO’s involvement in the public policy making process and the actual practices. A number of research methods were used in the study, aimed at highlighting the particularities of the dialogue and cooperation between the public authorities (PA) and the CSOs, as part of the act of governance, studying the development over time and the influence of various social, economic and political factors on these processes. Thus, the historical analysis method to research the origin and evolution of the legal framework that regulates the dialogue and cooperation between PA and the CSOs was applied. It included analysis of the relevant laws, regulations and policies, together with existing reports and studies on the subject of research, in the Republic of Moldova. I found that public authorities are not yet fully aware of the value of the dialogue and the political factor is also of great influence, as in recent years there has been an increasing pressure on the civil society. The paper reflects the current situation in Moldova, which can be summarized as follows: a) there are no permanent mechanisms or platforms for cooperation and consultation, open to all. Civil society participation is limited to a small number of CSOs, and there are no incentives for the growth of CSOs. b) LPAs, compared to CPAs, enjoy a much higher level of ,,trust” from the society/community, but they rarely have the resources and skills to conduct a constructive dialogue with CSOs; c) there is a proven reluctance of the LPA/CPA to deepen the dialogue and cooperation with the civil society; d) The culture of participation is very weak as there is no perception that participation is an instrument of change. A number of recommendations in order to address the identified problems are listed.

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