The Republic of Moldova : Trade Diagnostic Study
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Washington, DC
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Across the transition economies, there
appears to be a strong and positive association between
export market growth and economic growth. Export market
growth, for its part, has been closely linked to the larger
order trade reorientation towards the European Union (EU).
This reorientation, in turn, has been associated with
product upgrading and investment, commonly undertaken by
foreign investors. Given its proximity to the EU, the
performance of Moldova's exports to the European Union
(EU) has been disappointing. Moldova's exports are
still concentrated in a few commodities and are still
primarily destined for the CIS market. While macroeconomic
stability has been largely achieved, formal and informal
trade and investment barriers, including a high bribe tax,
have limited much needed restructuring, domestic and foreign
investment and quality upgrading. As this study suggests,
the achievement of more sustainable export-led growth and
poverty reduction will require policies that go beyond
formal trade policies. Indeed, a more open trade regime must
go hand-in-hand with a good business and investment climate.
Palabras clave
AGRICULTURAL SUBSIDIES, AIM, BANKING SERVICES, CAPITAL MARKETS, CARGO, CARRIAGE, CLEARANCE, COMMODITIES, COMPETITIVENESS, CONTRACTUAL SAVINGS, CURRENCY, CUSTOMS, CUSTOMS DUTIES, CUSTOMS PROCEDURES, DELIVERIES, DIRECT INVESTMENT, DISTRIBUTION CHANNELS, DOMESTIC TRADE, EAST EUROPEAN, ECONOMIC ANALYSIS, ECONOMIC COOPERATION, ECONOMIC GROWTH, ECONOMIC POLICIES, ECONOMIC SIZE, EMPLOYMENT, EXCHANGE RATE, EXPENDITURES, EXPORT EARNINGS, EXPORT PROMOTION, EXPORTS, FINANCIAL CRISIS, FINANCIAL INSTITUTIONS, FINANCIAL SECTOR, FINANCIAL SERVICES, FINANCIAL SYSTEM, FOREIGN TRADE, FREE TRADE, FREE TRADE AREAS, FREIGHT, GATT, GENERALIZED SYSTEM OF PREFERENCES, GNP, GNP PER CAPITA, GROWTH RATE, HANDLING, IMPORTS, INCOME, INSURANCE, INTERNATIONAL ORGANIZATION FOR STANDARDIZATION, INTERNATIONAL TRADE, INVENTORY, LEASING, LOGISTICS COSTS, MACROECONOMIC STABILITY, MANUFACTURING, NET EXPORTS, NON-TARIFF BARRIERS, OPERATIONAL COSTS, PER CAPITA INCOME, PRODUCERS, PRODUCT DIFFERENTIATION, PRODUCTION PROCESSES, PRODUCTIVITY, PRODUCTIVITY GROWTH, PURCHASING POWER, QUALITY STANDARDS, REAL GDP, RECEIVABLES, RISK MANAGEMENT, ROAD TRANSPORT, SAVINGS, SETTLEMENT, SUPPLY CHAIN MANAGEMENT, SUSTAINABLE GROWTH, TARIFF BARRIERS, TAXATION, TECHNICAL ASSISTANCE, TECHNOLOGY/, TELECOMMUNICATIONS, TRADE AGREEMENTS, TRADE BALANCE, TRADE COMPETITIVENESS, TRADE FACILITATION, TRADE PERFORMANCE, TRADE POLICIES, TRADE POLICY, TRADE PREFERENCES, TRADE REGIME, TRAFFIC, TRANSACTION COSTS, TRANSIT, TRANSITION ECONOMIES, UKRAINE, VALUATION, VALUE ADDED, WAGES, WAITING TIME, WORLD TRADE, WORLD TRADE ORGANIZATION, WTO