The Republic of Moldova : Trade Diagnostic Study

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...

Full description

Bibliographic Details
Main Author: World Bank
Format: Foreign Trade, FDI, and Capital Flows Study
Language:English
en_US
Published: Washington, DC 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2004/12/5547167/moldova-trade-diagnostic-study
http://hdl.handle.net/10986/14576
id okr-10986-14576
recordtype oai_dc
spelling okr-10986-145762021-04-23T14:03:18Z The Republic of Moldova : Trade Diagnostic Study World Bank 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 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. 2013-07-25T15:34:14Z 2013-07-25T15:34:14Z 2004-12-23 http://documents.worldbank.org/curated/en/2004/12/5547167/moldova-trade-diagnostic-study http://hdl.handle.net/10986/14576 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study Economic & Sector Work Europe and Central Asia Moldova
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic 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
spellingShingle 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
World Bank
The Republic of Moldova : Trade Diagnostic Study
geographic_facet Europe and Central Asia
Moldova
description 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.
format Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study
author World Bank
author_facet World Bank
author_sort World Bank
title The Republic of Moldova : Trade Diagnostic Study
title_short The Republic of Moldova : Trade Diagnostic Study
title_full The Republic of Moldova : Trade Diagnostic Study
title_fullStr The Republic of Moldova : Trade Diagnostic Study
title_full_unstemmed The Republic of Moldova : Trade Diagnostic Study
title_sort republic of moldova : trade diagnostic study
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2004/12/5547167/moldova-trade-diagnostic-study
http://hdl.handle.net/10986/14576
_version_ 1764428932983029760