Moldova Trade Study : Overview

Despite strong economic growth since 2000, Moldova remains one of the poorest countries in the region. Excessive reliance on remittances, export dependency on a few products, and insufficient domestic job creation make the Moldovan economy highly v...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
en_US
Published: Washington, DC 2016
Subjects:
WTO
GDP
Online Access:http://documents.worldbank.org/curated/en/2016/03/26076365/moldova-trade-study-overview
http://hdl.handle.net/10986/24005
id okr-10986-24005
recordtype oai_dc
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 TAX INCENTIVES
TARIFFS
REGULATORY FRAMEWORK
CUSTOMS UNION
EXPORT MARKETS
PROFIT MARGINS
FREE TRADE AGREEMENT
WORLD TRADE ORGANIZATION
PRODUCTION
LAGS
EXPECTATIONS
INVESTMENT POLICIES
EXPORT PERFORMANCE
REAL GDP
IMPACT OF TRADE
PROTECTIONIST
EXPORTS
STATISTICAL DATA
EXPORTERS
OPTIMIZATION
TARIFF CONCESSIONS
INCENTIVES
CAPACITY BUILDING
DISTRIBUTION
EQUILIBRIUM
TRADE OPENNESS
INPUTS
TRADE PERFORMANCE
PAYMENTS
MARKET ACCESS
FREE TRADE
INDUSTRIAL PRODUCTION
TECHNICAL REGULATIONS
PREFERENTIAL ACCESS
TRADE AGREEMENTS
CUSTOMS PROCEDURES
AGRICULTURAL PRACTICES
VALUE OF TRADE
DEVELOPMENT
CUSTOMS DUTIES
PREFERENTIAL TRADE AGREEMENTS
TRADE IN GOODS
TRADE BALANCE
FOREIGN TRADE
TOTAL FACTOR PRODUCTIVITY
IMPORT PRICES
TRADE RESTRICTIONS
GOVERNMENT REGULATIONS
FOOD EXPORTS
EXPORT GROWTH
TELECOMMUNICATIONS
CUSTOMS
PRODUCTIVITY
FOREIGN FIRMS
INDUSTRIALIZATION
FAILURES
TRADE LOGISTICS
MARKETS
WTO
OPEN ECONOMY
ACCESS
EXPORT PROMOTION EFFORTS
IMPORTS
TRADE POLICY
TARIFF-RATE QUOTA
UTILITY
TRADE AGREEMENT
IMPORT LICENSING
GROSS DOMESTIC PRODUCT
TRADE COMPETITIVENESS
TAXES
PROTECTIONIST MEASURES
GENERAL EQUILIBRIUM
EXPORT FACILITATION
CONSUMPTION
TRADE IN SERVICES
VALUE ADDED
TRADE BALANCES
KNOWLEDGE SPILLOVERS
TRADE PREFERENCES
ECONOMIC OUTCOMES
INTERNATIONAL TRADE
EXPORT COMPETITIVENESS
VALUE
COMPETITIVENESS
BENCHMARKING
FOREIGN DIRECT INVESTMENT
TRADE DEFICIT
FOREIGN INVESTMENT
DEVELOPMENT STRATEGY
EXPORT PRODUCTS
IMPORT LICENSING PROCEDURES
CONSUMERS
AGRICULTURE
ECONOMY
EXPORT PROMOTION
TRADE AREA
TRADE FACILITATION
OPENNESS
BENCHMARK
EXPORT DEPENDENCE
INVESTMENT POLICY
PREFERENTIAL TREATMENT
SKILLED LABOR
TRADE
GDP
GOODS
GENERALIZED SYSTEM OF PREFERENCES
GOVERNMENT SUBSIDIES
GROWTH RATE
INVESTMENT
SUPERMARKETS
DOMESTIC PRODUCTION
PREFERENTIAL TRADE
ADVERSE IMPACT
TARIFF
IMPORT REGIME
TRADE AND INVESTMENT POLICIES
ADVERSE EFFECT
TRADE SANCTIONS
FREE TRADE AREA
EXPORT BASKET
WORLD TRADE
MOST FAVORED NATION
TRANSITION ECONOMIES
OUTCOMES
IMPORT DUTIES
IMPORT DUTY
UNSKILLED LABOR
ADAPTIVE EXPECTATIONS
INEQUALITY
spellingShingle TAX INCENTIVES
TARIFFS
REGULATORY FRAMEWORK
CUSTOMS UNION
EXPORT MARKETS
PROFIT MARGINS
FREE TRADE AGREEMENT
WORLD TRADE ORGANIZATION
PRODUCTION
LAGS
EXPECTATIONS
INVESTMENT POLICIES
EXPORT PERFORMANCE
REAL GDP
IMPACT OF TRADE
PROTECTIONIST
EXPORTS
STATISTICAL DATA
EXPORTERS
OPTIMIZATION
TARIFF CONCESSIONS
INCENTIVES
CAPACITY BUILDING
DISTRIBUTION
EQUILIBRIUM
TRADE OPENNESS
INPUTS
TRADE PERFORMANCE
PAYMENTS
MARKET ACCESS
FREE TRADE
INDUSTRIAL PRODUCTION
TECHNICAL REGULATIONS
PREFERENTIAL ACCESS
TRADE AGREEMENTS
CUSTOMS PROCEDURES
AGRICULTURAL PRACTICES
VALUE OF TRADE
DEVELOPMENT
CUSTOMS DUTIES
PREFERENTIAL TRADE AGREEMENTS
TRADE IN GOODS
TRADE BALANCE
FOREIGN TRADE
TOTAL FACTOR PRODUCTIVITY
IMPORT PRICES
TRADE RESTRICTIONS
GOVERNMENT REGULATIONS
FOOD EXPORTS
EXPORT GROWTH
TELECOMMUNICATIONS
CUSTOMS
PRODUCTIVITY
FOREIGN FIRMS
INDUSTRIALIZATION
FAILURES
TRADE LOGISTICS
MARKETS
WTO
OPEN ECONOMY
ACCESS
EXPORT PROMOTION EFFORTS
IMPORTS
TRADE POLICY
TARIFF-RATE QUOTA
UTILITY
TRADE AGREEMENT
IMPORT LICENSING
GROSS DOMESTIC PRODUCT
TRADE COMPETITIVENESS
TAXES
PROTECTIONIST MEASURES
GENERAL EQUILIBRIUM
EXPORT FACILITATION
CONSUMPTION
TRADE IN SERVICES
VALUE ADDED
TRADE BALANCES
KNOWLEDGE SPILLOVERS
TRADE PREFERENCES
ECONOMIC OUTCOMES
INTERNATIONAL TRADE
EXPORT COMPETITIVENESS
VALUE
COMPETITIVENESS
BENCHMARKING
FOREIGN DIRECT INVESTMENT
TRADE DEFICIT
FOREIGN INVESTMENT
DEVELOPMENT STRATEGY
EXPORT PRODUCTS
IMPORT LICENSING PROCEDURES
CONSUMERS
AGRICULTURE
ECONOMY
EXPORT PROMOTION
TRADE AREA
TRADE FACILITATION
OPENNESS
BENCHMARK
EXPORT DEPENDENCE
INVESTMENT POLICY
PREFERENTIAL TREATMENT
SKILLED LABOR
TRADE
GDP
GOODS
GENERALIZED SYSTEM OF PREFERENCES
GOVERNMENT SUBSIDIES
GROWTH RATE
INVESTMENT
SUPERMARKETS
DOMESTIC PRODUCTION
PREFERENTIAL TRADE
ADVERSE IMPACT
TARIFF
IMPORT REGIME
TRADE AND INVESTMENT POLICIES
ADVERSE EFFECT
TRADE SANCTIONS
FREE TRADE AREA
EXPORT BASKET
WORLD TRADE
MOST FAVORED NATION
TRANSITION ECONOMIES
OUTCOMES
IMPORT DUTIES
IMPORT DUTY
UNSKILLED LABOR
ADAPTIVE EXPECTATIONS
INEQUALITY
World Bank
Moldova Trade Study : Overview
geographic_facet Europe and Central Asia
Moldova
description Despite strong economic growth since 2000, Moldova remains one of the poorest countries in the region. Excessive reliance on remittances, export dependency on a few products, and insufficient domestic job creation make the Moldovan economy highly vulnerable to external conditions. As a small and open economy, Moldova’s development potential is linked to its trade and investment integration strategy. Moldova is situated between two large markets: the European Union (EU), which absorbs more than half of Moldova’s exports, and the Russian Federation. Reducing the economic distance to large regional markets and reaping the benefits of openness is key to overcoming Moldova's structural constraints and spurring export-led growth. The objective of the Moldova Trade Study is to contribute to a better understanding of the factors and challenges underlying Moldova’s foreign trade performance and to identify policy interventions that can enhance the competitiveness of Moldova’s exporting firms and the value added of their exports. . The rest of the note is structured as follows: (ii) section two summarizes the analysis of Moldova’s export performance; (iii) section three focuses on constraints on Moldova’s competitiveness; (iv) in section four, the authors consider alternative trade policy scenarios and their implications for the Moldovan economy; (v) section five synthetizes existing analysis on constraints for agriculture competitiveness and exports, while section six evaluates the performance of free economic zones in Moldova. In the final section, the authors present policy recommendations
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Moldova Trade Study : Overview
title_short Moldova Trade Study : Overview
title_full Moldova Trade Study : Overview
title_fullStr Moldova Trade Study : Overview
title_full_unstemmed Moldova Trade Study : Overview
title_sort moldova trade study : overview
publisher Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/03/26076365/moldova-trade-study-overview
http://hdl.handle.net/10986/24005
_version_ 1764455505762189312
spelling okr-10986-240052021-05-25T10:54:44Z Moldova Trade Study : Overview World Bank TAX INCENTIVES TARIFFS REGULATORY FRAMEWORK CUSTOMS UNION EXPORT MARKETS PROFIT MARGINS FREE TRADE AGREEMENT WORLD TRADE ORGANIZATION PRODUCTION LAGS EXPECTATIONS INVESTMENT POLICIES EXPORT PERFORMANCE REAL GDP IMPACT OF TRADE PROTECTIONIST EXPORTS STATISTICAL DATA EXPORTERS OPTIMIZATION TARIFF CONCESSIONS INCENTIVES CAPACITY BUILDING DISTRIBUTION EQUILIBRIUM TRADE OPENNESS INPUTS TRADE PERFORMANCE PAYMENTS MARKET ACCESS FREE TRADE INDUSTRIAL PRODUCTION TECHNICAL REGULATIONS PREFERENTIAL ACCESS TRADE AGREEMENTS CUSTOMS PROCEDURES AGRICULTURAL PRACTICES VALUE OF TRADE DEVELOPMENT CUSTOMS DUTIES PREFERENTIAL TRADE AGREEMENTS TRADE IN GOODS TRADE BALANCE FOREIGN TRADE TOTAL FACTOR PRODUCTIVITY IMPORT PRICES TRADE RESTRICTIONS GOVERNMENT REGULATIONS FOOD EXPORTS EXPORT GROWTH TELECOMMUNICATIONS CUSTOMS PRODUCTIVITY FOREIGN FIRMS INDUSTRIALIZATION FAILURES TRADE LOGISTICS MARKETS WTO OPEN ECONOMY ACCESS EXPORT PROMOTION EFFORTS IMPORTS TRADE POLICY TARIFF-RATE QUOTA UTILITY TRADE AGREEMENT IMPORT LICENSING GROSS DOMESTIC PRODUCT TRADE COMPETITIVENESS TAXES PROTECTIONIST MEASURES GENERAL EQUILIBRIUM EXPORT FACILITATION CONSUMPTION TRADE IN SERVICES VALUE ADDED TRADE BALANCES KNOWLEDGE SPILLOVERS TRADE PREFERENCES ECONOMIC OUTCOMES INTERNATIONAL TRADE EXPORT COMPETITIVENESS VALUE COMPETITIVENESS BENCHMARKING FOREIGN DIRECT INVESTMENT TRADE DEFICIT FOREIGN INVESTMENT DEVELOPMENT STRATEGY EXPORT PRODUCTS IMPORT LICENSING PROCEDURES CONSUMERS AGRICULTURE ECONOMY EXPORT PROMOTION TRADE AREA TRADE FACILITATION OPENNESS BENCHMARK EXPORT DEPENDENCE INVESTMENT POLICY PREFERENTIAL TREATMENT SKILLED LABOR TRADE GDP GOODS GENERALIZED SYSTEM OF PREFERENCES GOVERNMENT SUBSIDIES GROWTH RATE INVESTMENT SUPERMARKETS DOMESTIC PRODUCTION PREFERENTIAL TRADE ADVERSE IMPACT TARIFF IMPORT REGIME TRADE AND INVESTMENT POLICIES ADVERSE EFFECT TRADE SANCTIONS FREE TRADE AREA EXPORT BASKET WORLD TRADE MOST FAVORED NATION TRANSITION ECONOMIES OUTCOMES IMPORT DUTIES IMPORT DUTY UNSKILLED LABOR ADAPTIVE EXPECTATIONS INEQUALITY Despite strong economic growth since 2000, Moldova remains one of the poorest countries in the region. Excessive reliance on remittances, export dependency on a few products, and insufficient domestic job creation make the Moldovan economy highly vulnerable to external conditions. As a small and open economy, Moldova’s development potential is linked to its trade and investment integration strategy. Moldova is situated between two large markets: the European Union (EU), which absorbs more than half of Moldova’s exports, and the Russian Federation. Reducing the economic distance to large regional markets and reaping the benefits of openness is key to overcoming Moldova's structural constraints and spurring export-led growth. The objective of the Moldova Trade Study is to contribute to a better understanding of the factors and challenges underlying Moldova’s foreign trade performance and to identify policy interventions that can enhance the competitiveness of Moldova’s exporting firms and the value added of their exports. . The rest of the note is structured as follows: (ii) section two summarizes the analysis of Moldova’s export performance; (iii) section three focuses on constraints on Moldova’s competitiveness; (iv) in section four, the authors consider alternative trade policy scenarios and their implications for the Moldovan economy; (v) section five synthetizes existing analysis on constraints for agriculture competitiveness and exports, while section six evaluates the performance of free economic zones in Moldova. In the final section, the authors present policy recommendations 2016-04-05T18:58:41Z 2016-04-05T18:58:41Z 2016-03-03 Report http://documents.worldbank.org/curated/en/2016/03/26076365/moldova-trade-study-overview http://hdl.handle.net/10986/24005 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study Europe and Central Asia Moldova