Abstract:
The transition from planned to market economy in the former Soviet republics proved to be more difficult and lengthier than many economists predicted. In Moldova, the ‘side effects’ of the reforms had the worst impact on the quality of life of the population. After more than 10 years of economic experiments, the country was much poorer and more volatile than in 1991, when it gained its independence from the Soviet Union. The purpose of this thesis is to analyse the structural change in the economy of the Republic of Moldova after its independence from the USSR.