Moldova Public Expenditure Review : Agriculture
Agriculture is vital to Moldova’s economy. It accounts for 14 percent of gross domestic product (GDP) and employs 25 percent of the labor force; together with agro-processing, it generates more than 20 percent of GDP. While the size of the agricult...
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| Format: | Report |
| Language: | English en_US |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/272831501078232155/Moldova-Public-expenditure-review-agriculture http://hdl.handle.net/10986/28331 |
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okr-10986-283312021-04-23T14:04:47Z Moldova Public Expenditure Review : Agriculture World Bank Group PURCHASE PRICE RISKS CAPITAL MARKETS PROFIT MARGINS EXCISE TAXES PRODUCTION STOCK VALUATION STRUCTURAL CHANGE INCOME INTEREST EXPECTATIONS GOVERNMENT SPENDING INTEREST RATE REAL GDP PROPERTY RIGHTS CORPORATE PROFITS GDP PER CAPITA EXPORTS POLITICAL ECONOMY ECONOMIC STRUCTURE FISCAL POLICY WELFARE BOOK VALUE GROSS VALUE DIMINISHING RETURNS INCENTIVES DISTRIBUTION VARIABLES SUBSIDY DAMAGES TAX BENCHMARKS INPUTS INCOME TAX TAKEOVER PAYMENTS FREE TRADE AGRICULTURAL OUTPUT ECONOMIC STRUCTURES TRENDS HORIZONTAL EQUITY BUDGET DEVELOPMENT CHOICE MACROECONOMIC STABILITY COST EFFECTIVENESS INFLUENCE TOTAL FACTOR PRODUCTIVITY TECHNICAL ASSISTANCE COSTS PER CAPITA INCOME CURRENCY RENT PERSONAL INCOME OPTIONS PRODUCTIVITY FAILURES CRITERIA DEBT MARKETS OPEN ECONOMY INCOME LEVELS TAX REVENUES INVENTORIES NATURAL RESOURCES AVERAGING GROSS DOMESTIC PRODUCT INVENTORY SUBSIDIES PRODUCTION INPUTS TAXES EXPENDITURE UNEMPLOYMENT INCOME TAXES PRODUCTIVITY GROWTH CONSUMPTION HUMAN CAPITAL VALUE ADDED GOVERNMENT BUDGET ECONOMIC PERFORMANCE CAPITAL WAGES INTERNATIONAL TRADE VERTICAL EQUITY VALUE BENCHMARKING COMPETITIVENESS CREDIT BUDGETS PURCHASING POWER DEVELOPMENT STRATEGY DEMAND GOVERNMENT EXPENDITURE MARGINAL BENEFITS MARGINAL COSTS INEFFICIENCY EXPENDITURES ECONOMY AGRICULTURE CONSUMERS Agriculture is vital to Moldova’s economy. It accounts for 14 percent of gross domestic product (GDP) and employs 25 percent of the labor force; together with agro-processing, it generates more than 20 percent of GDP. While the size of the agriculture sector is one of the largest in Europe, it is comparable to other countries at similar income levels. The sector is also a major foreign exchange earner, with agro-food products comprising about 60 percent of merchandise exports. The Government of Moldova (GoM) identifies agriculture as one of the main drivers of growth in its 2020 national development strategy. Agriculture in Moldova faces both short-and-long term challenges. Increasing public spending on agriculture is not an optimal response to these challenges. Instead, to make the sector more competitive and resilient to shocks, direct budget spending should be reduced in some areas and redesigned or increased in others. Tax expenditures can be streamlined to make them more efficient, cost effective, and equitable. 2017-09-13T16:30:06Z 2017-09-13T16:30:06Z 2015-05 Report http://documents.worldbank.org/curated/en/272831501078232155/Moldova-Public-expenditure-review-agriculture http://hdl.handle.net/10986/28331 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Public Expenditure Review 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 |
PURCHASE PRICE RISKS CAPITAL MARKETS PROFIT MARGINS EXCISE TAXES PRODUCTION STOCK VALUATION STRUCTURAL CHANGE INCOME INTEREST EXPECTATIONS GOVERNMENT SPENDING INTEREST RATE REAL GDP PROPERTY RIGHTS CORPORATE PROFITS GDP PER CAPITA EXPORTS POLITICAL ECONOMY ECONOMIC STRUCTURE FISCAL POLICY WELFARE BOOK VALUE GROSS VALUE DIMINISHING RETURNS INCENTIVES DISTRIBUTION VARIABLES SUBSIDY DAMAGES TAX BENCHMARKS INPUTS INCOME TAX TAKEOVER PAYMENTS FREE TRADE AGRICULTURAL OUTPUT ECONOMIC STRUCTURES TRENDS HORIZONTAL EQUITY BUDGET DEVELOPMENT CHOICE MACROECONOMIC STABILITY COST EFFECTIVENESS INFLUENCE TOTAL FACTOR PRODUCTIVITY TECHNICAL ASSISTANCE COSTS PER CAPITA INCOME CURRENCY RENT PERSONAL INCOME OPTIONS PRODUCTIVITY FAILURES CRITERIA DEBT MARKETS OPEN ECONOMY INCOME LEVELS TAX REVENUES INVENTORIES NATURAL RESOURCES AVERAGING GROSS DOMESTIC PRODUCT INVENTORY SUBSIDIES PRODUCTION INPUTS TAXES EXPENDITURE UNEMPLOYMENT INCOME TAXES PRODUCTIVITY GROWTH CONSUMPTION HUMAN CAPITAL VALUE ADDED GOVERNMENT BUDGET ECONOMIC PERFORMANCE CAPITAL WAGES INTERNATIONAL TRADE VERTICAL EQUITY VALUE BENCHMARKING COMPETITIVENESS CREDIT BUDGETS PURCHASING POWER DEVELOPMENT STRATEGY DEMAND GOVERNMENT EXPENDITURE MARGINAL BENEFITS MARGINAL COSTS INEFFICIENCY EXPENDITURES ECONOMY AGRICULTURE CONSUMERS |
| spellingShingle |
PURCHASE PRICE RISKS CAPITAL MARKETS PROFIT MARGINS EXCISE TAXES PRODUCTION STOCK VALUATION STRUCTURAL CHANGE INCOME INTEREST EXPECTATIONS GOVERNMENT SPENDING INTEREST RATE REAL GDP PROPERTY RIGHTS CORPORATE PROFITS GDP PER CAPITA EXPORTS POLITICAL ECONOMY ECONOMIC STRUCTURE FISCAL POLICY WELFARE BOOK VALUE GROSS VALUE DIMINISHING RETURNS INCENTIVES DISTRIBUTION VARIABLES SUBSIDY DAMAGES TAX BENCHMARKS INPUTS INCOME TAX TAKEOVER PAYMENTS FREE TRADE AGRICULTURAL OUTPUT ECONOMIC STRUCTURES TRENDS HORIZONTAL EQUITY BUDGET DEVELOPMENT CHOICE MACROECONOMIC STABILITY COST EFFECTIVENESS INFLUENCE TOTAL FACTOR PRODUCTIVITY TECHNICAL ASSISTANCE COSTS PER CAPITA INCOME CURRENCY RENT PERSONAL INCOME OPTIONS PRODUCTIVITY FAILURES CRITERIA DEBT MARKETS OPEN ECONOMY INCOME LEVELS TAX REVENUES INVENTORIES NATURAL RESOURCES AVERAGING GROSS DOMESTIC PRODUCT INVENTORY SUBSIDIES PRODUCTION INPUTS TAXES EXPENDITURE UNEMPLOYMENT INCOME TAXES PRODUCTIVITY GROWTH CONSUMPTION HUMAN CAPITAL VALUE ADDED GOVERNMENT BUDGET ECONOMIC PERFORMANCE CAPITAL WAGES INTERNATIONAL TRADE VERTICAL EQUITY VALUE BENCHMARKING COMPETITIVENESS CREDIT BUDGETS PURCHASING POWER DEVELOPMENT STRATEGY DEMAND GOVERNMENT EXPENDITURE MARGINAL BENEFITS MARGINAL COSTS INEFFICIENCY EXPENDITURES ECONOMY AGRICULTURE CONSUMERS World Bank Group Moldova Public Expenditure Review : Agriculture |
| geographic_facet |
Europe and Central Asia Moldova |
| description |
Agriculture is vital to Moldova’s
economy. It accounts for 14 percent of gross domestic
product (GDP) and employs 25 percent of the labor force;
together with agro-processing, it generates more than 20
percent of GDP. While the size of the agriculture sector is
one of the largest in Europe, it is comparable to other
countries at similar income levels. The sector is also a
major foreign exchange earner, with agro-food products
comprising about 60 percent of merchandise exports. The
Government of Moldova (GoM) identifies agriculture as one of
the main drivers of growth in its 2020 national development
strategy. Agriculture in Moldova faces both short-and-long
term challenges. Increasing public spending on agriculture
is not an optimal response to these challenges. Instead, to
make the sector more competitive and resilient to shocks,
direct budget spending should be reduced in some areas and
redesigned or increased in others. Tax expenditures can be
streamlined to make them more efficient, cost effective, and equitable. |
| format |
Report |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
Moldova Public Expenditure Review : Agriculture |
| title_short |
Moldova Public Expenditure Review : Agriculture |
| title_full |
Moldova Public Expenditure Review : Agriculture |
| title_fullStr |
Moldova Public Expenditure Review : Agriculture |
| title_full_unstemmed |
Moldova Public Expenditure Review : Agriculture |
| title_sort |
moldova public expenditure review : agriculture |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/272831501078232155/Moldova-Public-expenditure-review-agriculture http://hdl.handle.net/10986/28331 |
| _version_ |
1764466479370076160 |