THE IMPLICATIONS OF SAVING AND INVESTMENT BALANCE ON ECONOMIC GROWTH OF THE REPUBLIC OF MOLDOVA

Abstract

The saving and investment balance can ensure the stability of the financial market. The aim of the
study is to analyse the dynamics of the saving-investment balance in the Republic of Moldova and
its impact on economic growth. The role and possibilities of attracting foreign investments into
fixed assets are presented. The indicator of investment growth with a low level of gross savings is a
signal or a harbinger of a decline in economic growth. According to the National Bank of Moldova,
legal export of capital from the Republic of Moldova takes only a small part in the process of export
of capital. The leading role in the mechanism of transformation of savings into investment should
belong to BNM.