This is a terrible misrepresentation of Moldova and the progress it has undergone in the past 20 years. Please look at Moldova’s GDP growth since 2000 compared to the rest of Europe and some BRICS countries https://ourworldindata.org/grapher/national-gdp-constant-usd...
It is as close as you can get to India/Chinas growth without leaving Europe. Chisinau is bustling with activity and full of foreigners chasing entrepreneurial opportunities. The leading Eastern European private equity funds are making hundreds of millions of investments in the country and there appears to be a gold rush in all service oriented areas: IT Consulting, Banking, BPO outsourcing etc.
It is lazy, easy and dishonest to draw a portrait of a derelict country. Diving into the essence of what is actually happening behind the scenes takes a lot more effort. The description of a horse carriage in the center of the capital city is outright false. Chisinau is on par with Kiev, Warsaw, Bucharest, Sofia etc, but bustling with opportunity at every corner.
Like many post Soviet countries, Moldova is incredibly corrupt. Fortunately, it now has a former US federal prosecutor leading anti-corruption efforts. The current president and more than half of the current prime ministers cabinet is made up of Ivy League educated technocrats under 40 yrs of age. It is a very exciting place.
It is as close as you can get to India/Chinas growth without leaving Europe. Chisinau is bustling with activity and full of foreigners chasing entrepreneurial opportunities. The leading Eastern European private equity funds are making hundreds of millions of investments in the country and there appears to be a gold rush in all service oriented areas: IT Consulting, Banking, BPO outsourcing etc.
It is lazy, easy and dishonest to draw a portrait of a derelict country. Diving into the essence of what is actually happening behind the scenes takes a lot more effort. The description of a horse carriage in the center of the capital city is outright false. Chisinau is on par with Kiev, Warsaw, Bucharest, Sofia etc, but bustling with opportunity at every corner.
Like many post Soviet countries, Moldova is incredibly corrupt. Fortunately, it now has a former US federal prosecutor leading anti-corruption efforts. The current president and more than half of the current prime ministers cabinet is made up of Ivy League educated technocrats under 40 yrs of age. It is a very exciting place.