Moldova : Rekindling Economic Dynamism

This current Country Economic Memorandum is intended to provide a comprehensive analysis of growthconstraints and recommendations. While it updates some aspects of these earlier studies, its main focus is on enterprise performance. Insofar as enter...

Full description

Bibliographic Details
Main Author:	World Bank Group
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2019
Subjects:	ECONOMIC GROWTH PRIVATE ENTERPRISE PRIVATE SECTOR DEVELOPMENT STATE-OWNED ENTERPRISES FOREIGN DIRECT INVESTMENT EXPORT COMPETITIVENESS FIRM PRODUCTIVITY TAX POLICY LABOR SKILLS DEVELOPMENT COMPETITIVENESS COMPETITION POLICY EDUCATION SPENDING TERTIARY EDUCATION EDUCATION FINANCE VOCATIONAL TRAINING TECHNICAL EDUCATION RESOURCE ALLOCATION
Online Access:	http://documents.worldbank.org/curated/en/679951561566645653/Moldova-Rekindling-Economic-Dynamism http://hdl.handle.net/10986/32035

id	okr-10986-32035
recordtype	oai_dc
spelling	okr-10986-320352021-06-14T10:01:58Z Moldova : Rekindling Economic Dynamism World Bank Group ECONOMIC GROWTH PRIVATE ENTERPRISE PRIVATE SECTOR DEVELOPMENT STATE-OWNED ENTERPRISES FOREIGN DIRECT INVESTMENT EXPORT COMPETITIVENESS FIRM PRODUCTIVITY TAX POLICY LABOR SKILLS DEVELOPMENT COMPETITIVENESS COMPETITION POLICY EDUCATION SPENDING TERTIARY EDUCATION EDUCATION FINANCE VOCATIONAL TRAINING TECHNICAL EDUCATION RESOURCE ALLOCATION This current Country Economic Memorandum is intended to provide a comprehensive analysis of growthconstraints and recommendations. While it updates some aspects of these earlier studies, its main focus is on enterprise performance. Insofar as enterprise performance occurs in a larger institutional context, this focus necessarily touches on several of the earlier themes, particularly the rule of law, business regulation, and education. The first chapter presents a diagnostic that highlights the problem of falling productivity in the enterprise sector and points to elements of market structure (particularly state ownership) that undermine productivity growth and curtail the growth of the private sector. This chapter also focuses on demand-side issues in export markets, and highlights policy lessons from sectors with high productivity that could drive future growth. A second chapter focuses on foreign firms, which are high productivity enterprises within Moldova, and looks at investment promotion and ways to improve the contribution of Foreign Direct Investment (FDI) to the economy. Subsequent chapters extend the analysis to incentives shaping enterprise performance and opportunities for growth led by the private sector, particularly: competition and regulatory policies (Chapter 3); tax policy insofar as it affects incentives and tax buoyancy that underpin macroeconomic stability (Chapter 4); and finally, education as a crucial input into enterprise development (Chapter 5). 2019-07-03T16:55:32Z 2019-07-03T16:55:32Z 2019-04 Report http://documents.worldbank.org/curated/en/679951561566645653/Moldova-Rekindling-Economic-Dynamism http://hdl.handle.net/10986/32035 English Country Economic Memorandum; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Country Economic Memorandum 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
topic	ECONOMIC GROWTH PRIVATE ENTERPRISE PRIVATE SECTOR DEVELOPMENT STATE-OWNED ENTERPRISES FOREIGN DIRECT INVESTMENT EXPORT COMPETITIVENESS FIRM PRODUCTIVITY TAX POLICY LABOR SKILLS DEVELOPMENT COMPETITIVENESS COMPETITION POLICY EDUCATION SPENDING TERTIARY EDUCATION EDUCATION FINANCE VOCATIONAL TRAINING TECHNICAL EDUCATION RESOURCE ALLOCATION
spellingShingle	ECONOMIC GROWTH PRIVATE ENTERPRISE PRIVATE SECTOR DEVELOPMENT STATE-OWNED ENTERPRISES FOREIGN DIRECT INVESTMENT EXPORT COMPETITIVENESS FIRM PRODUCTIVITY TAX POLICY LABOR SKILLS DEVELOPMENT COMPETITIVENESS COMPETITION POLICY EDUCATION SPENDING TERTIARY EDUCATION EDUCATION FINANCE VOCATIONAL TRAINING TECHNICAL EDUCATION RESOURCE ALLOCATION World Bank Group Moldova : Rekindling Economic Dynamism
geographic_facet	Europe and Central Asia Moldova
relation	Country Economic Memorandum;
description	This current Country Economic Memorandum is intended to provide a comprehensive analysis of growthconstraints and recommendations. While it updates some aspects of these earlier studies, its main focus is on enterprise performance. Insofar as enterprise performance occurs in a larger institutional context, this focus necessarily touches on several of the earlier themes, particularly the rule of law, business regulation, and education. The first chapter presents a diagnostic that highlights the problem of falling productivity in the enterprise sector and points to elements of market structure (particularly state ownership) that undermine productivity growth and curtail the growth of the private sector. This chapter also focuses on demand-side issues in export markets, and highlights policy lessons from sectors with high productivity that could drive future growth. A second chapter focuses on foreign firms, which are high productivity enterprises within Moldova, and looks at investment promotion and ways to improve the contribution of Foreign Direct Investment (FDI) to the economy. Subsequent chapters extend the analysis to incentives shaping enterprise performance and opportunities for growth led by the private sector, particularly: competition and regulatory policies (Chapter 3); tax policy insofar as it affects incentives and tax buoyancy that underpin macroeconomic stability (Chapter 4); and finally, education as a crucial input into enterprise development (Chapter 5).
format	Report
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Moldova : Rekindling Economic Dynamism
title_short	Moldova : Rekindling Economic Dynamism
title_full	Moldova : Rekindling Economic Dynamism
title_fullStr	Moldova : Rekindling Economic Dynamism
title_full_unstemmed	Moldova : Rekindling Economic Dynamism
title_sort	moldova : rekindling economic dynamism
publisher	World Bank, Washington, DC
publishDate	2019
url	http://documents.worldbank.org/curated/en/679951561566645653/Moldova-Rekindling-Economic-Dynamism http://hdl.handle.net/10986/32035
_version_	1764475636033781760

Moldova : Rekindling Economic Dynamism

Similar Items