Impact of the current medical system on the financial stability of world countries and the Republic of Moldova
The economic crises that have occurred worldwide so far have been caused by emerging problems arising from the supply-demand correlation for certain products on the world market. However, the current economic crisis has been caused by the global COVID-19 pandemic. The greatest difficulty has been the impossibility of predicting the crisis that has arisen as a result of the need to introduce urgent restrictive measures to combat the pandemic. The devastating consequences of the crisis caused by COVID-19 were the halt of the world economy and the decline in Global Production, which was recorded by the International Monetary Fund (IMF) in the spring of 2020. The Republic of Moldova faced the overlap of two major crises: first caused by the COVID19 pandemic and second by the severe drought, mentioned as the most severe recession in the last 20 years. As crisis consequence, the Gross Domestic Product (GDP) of the Republic of Moldova estimated for 2020 decreased by about 6.5%.