Publication:
Moldova - After the Global Crisis : Promoting Competitiveness and Shared Growth

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dc.contributor.authorWorld Bank
dc.date.accessioned2012-03-19T10:14:01Z
dc.date.available2012-03-19T10:14:01Z
dc.date.issued2011-06-14
dc.description.abstractThis report argues that in the future Moldova will need to develop a second engine of growth from exports of goods and services. We argue that Moldova needs to resurrect agro-based exports, to raise their value by exporting to higher value markets, and develop service exports in order to provide job opportunities for underemployed tertiary graduates. To be successful in doing so, the government will need to implement deep fiscal and structural reforms to break the cycle, while taking advantage of productivity gains. Much needs fixing, and Moldova's public sector does not have the capacity to fix it all. Moldova's leaders need to reach consensus on a comprehensive and sequenced growth and poverty reduction strategy. This report sketches out what such a strategy should contain. The author suggests that geography and the Government's policy stance fundamentally shape Moldova's economic growth potential and the path and priorities that a growth strategy should follow. Government needs to accelerate reforms so that the country can emerge from the global crisis-induced recession with faster and less vulnerable growth. Business as usual will not suffice. The world's capital markets have become tighter, foreign investors more demanding, and export markets more competitive. In April 2009, Moldova's youth indicated that that they can no longer stand aside and watch Moldova fall behind, they have called for a politics of aspiration, and they will demand economic policies consistent with these aspirations.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20111214012758
dc.identifier.doi10.1596/2805
dc.identifier.urihttps://hdl.handle.net/10986/2805
dc.languageEnglish
dc.publisherWorld Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO INFORMATION
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTING
dc.subjectACCRUALS
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectAGRICULTURE
dc.subjectASSET MANAGEMENT
dc.subjectBANK FINANCING
dc.subjectBANKING SECTOR
dc.subjectBANKS
dc.subjectBINDING CONSTRAINT
dc.subjectBUDGET DEFICIT
dc.subjectBUDGET SURPLUSES
dc.subjectBUDGETING
dc.subjectCADASTRE
dc.subjectCAPITAL BUDGETING
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL INVESTMENTS
dc.subjectCAPITAL MARKETS
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITIVE MARKET
dc.subjectCOMPETITIVENESS
dc.subjectCONSOLIDATION
dc.subjectCONSUMERS
dc.subjectCONSUMPTION EXPENDITURE
dc.subjectCORPORATE GOVERNANCE
dc.subjectCOST OF CAPITAL
dc.subjectCOST-BENEFIT ANALYSES
dc.subjectCROSS SUBSIDIES
dc.subjectCURRENCY
dc.subjectCURRENT ACCOUNT
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectDEVALUATION
dc.subjectDEVELOPMENT POLICY
dc.subjectDISINFLATION
dc.subjectDISPOSABLE INCOME
dc.subjectDIVERSIFICATION
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC PRODUCTS
dc.subjectDURABLE
dc.subjectDURABLE GOODS
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC CONCENTRATION
dc.subjectECONOMIC DEVELOPMENTS
dc.subjectECONOMIC EXPANSION
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC POLICIES
dc.subjectECONOMIES OF SCALE
dc.subjectEDUCATION LEVEL
dc.subjectEDUCATION SYSTEM
dc.subjectELASTICITY
dc.subjectEMERGING MARKETS
dc.subjectEMPLOYERS
dc.subjectEMPLOYMENT GROWTH
dc.subjectENTERPRISE PERFORMANCE
dc.subjectEQUIPMENT
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORT COMPETITIVENESS
dc.subjectEXPORT GROWTH
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXPROPRIATION
dc.subjectFARMERS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL STATEMENTS
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL POLICY
dc.subjectFISHING
dc.subjectFIXED CAPITAL
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN INFLOWS
dc.subjectFOREIGN INTERESTS
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTORS
dc.subjectGDP
dc.subjectGLOBAL CAPITAL
dc.subjectGLOBAL CAPITAL MARKET
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL TRADE
dc.subjectGNP
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT REGULATIONS
dc.subjectGOVERNMENT SPENDING
dc.subjectGOVERNMENT SUPPORT
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROSS FIXED CAPITAL FORMATION
dc.subjectGROSS NATIONAL PRODUCT
dc.subjectGROWTH POTENTIAL
dc.subjectHOLDING
dc.subjectHOST COUNTRIES
dc.subjectHOUSING
dc.subjectHUMAN CAPITAL
dc.subjectINDEBTEDNESS
dc.subjectINDEXATION
dc.subjectINFORMATION ON BORROWERS
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectINHERITANCE
dc.subjectINPUT USE
dc.subjectINSURANCE
dc.subjectINSURANCE PRODUCTS
dc.subjectINTELLECTUAL PROPERTY
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL FINANCIAL CRISIS
dc.subjectINTERNATIONAL RESERVES
dc.subjectINVESTING
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT PROJECTS
dc.subjectJOB CREATION
dc.subjectJUDICIAL SYSTEM
dc.subjectLABOR FORCE
dc.subjectLABOR FORCE PARTICIPATION
dc.subjectLABOR FORCE SURVEY
dc.subjectLABOR MARKET
dc.subjectLABOR PRODUCTIVITY
dc.subjectLACK OF COMPETITION
dc.subjectLAND PRODUCTIVITY
dc.subjectLAWS
dc.subjectLEGISLATION
dc.subjectLEGISLATIVE FRAMEWORK
dc.subjectLOAN
dc.subjectLOCAL ECONOMY
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMARKET ACCESS
dc.subjectMARKET DEVELOPMENT
dc.subjectMARKET ECONOMIES
dc.subjectMARKET PARTICIPANTS
dc.subjectMARKET PLAYERS
dc.subjectMARKET SHARE
dc.subjectMICRO DATA
dc.subjectMIGRATION
dc.subjectMONETARY AUTHORITIES
dc.subjectMONETARY FUND
dc.subjectMONOPOLIES
dc.subjectMORTGAGES
dc.subjectNATIONAL BANK
dc.subjectNET EXPORTS
dc.subjectNET LOSS
dc.subjectNEW ENTRANTS
dc.subjectNON-PERFORMING LOAN
dc.subjectNPL
dc.subjectOPEN ECONOMY
dc.subjectPAYMENT SYSTEM
dc.subjectPENSION
dc.subjectPENSION REFORM
dc.subjectPENSION SYSTEM
dc.subjectPENSIONS
dc.subjectPOLICY RESPONSE
dc.subjectPRICE INCREASES
dc.subjectPRIVATE CONSUMPTION
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATIZATION
dc.subjectPRODUCERS
dc.subjectPRODUCTIVE INVESTMENTS
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPROFITABILITY
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC BUDGET
dc.subjectPUBLIC POLICY
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC SPENDING
dc.subjectPURCHASING POWER
dc.subjectQUALITY STANDARDS
dc.subjectQUOTAS
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL GDP
dc.subjectREAL PRICES
dc.subjectREAL SECTOR
dc.subjectREAL WAGES
dc.subjectREGULATORY PRACTICES
dc.subjectREMITTANCE
dc.subjectREMITTANCES
dc.subjectRESERVES
dc.subjectRETIREMENT
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectRISK AVERSION
dc.subjectSAVINGS
dc.subjectSAVINGS INSTRUMENTS
dc.subjectSHARE OF INVESTMENT
dc.subjectSMALL FARMS
dc.subjectSOCIAL COSTS
dc.subjectSOCIAL INSURANCE SYSTEM
dc.subjectSTOCK EXCHANGE
dc.subjectSTOCK EXCHANGE LISTING
dc.subjectSWAP
dc.subjectTAX
dc.subjectTAX ADMINISTRATION
dc.subjectTAX COLLECTIONS
dc.subjectTAX POLICY
dc.subjectTAX REVENUE
dc.subjectTAX REVENUES
dc.subjectTELECOMMUNICATIONS
dc.subjectTERMS OF TRADE
dc.subjectTHE NATIONAL BANK OF MOLDOVA
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTOTAL OUTPUT
dc.subjectTRADE BALANCE
dc.subjectTRADE DEFICIT
dc.subjectTRADE POLICY
dc.subjectTRADE REGIME
dc.subjectTRADING
dc.subjectTRANSACTIONS COSTS
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATE
dc.subjectUNEMPLOYMENT RATES
dc.subjectUNION
dc.subjectVALUE ADDED
dc.subjectVALUE OF OUTPUT
dc.subjectWAGE DIFFERENTIALS
dc.subjectWAGES
dc.subjectWAREHOUSE
dc.subjectWAREHOUSE RECEIPT
dc.subjectWAREHOUSE RECEIPT SYSTEM
dc.subjectWELFARE GAINS
dc.subjectWITHDRAWAL
dc.subjectWTO
dc.titleMoldova - After the Global Crisis : Promoting Competitiveness and Shared Growthen
dspace.entity.typePublication
okr.date.disclosure2011-12-13
okr.date.doiregistration2025-05-07T10:49:57.380751Z
okr.doctypeEconomic & Sector Work::Other Poverty Study
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20111214012758
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeFinance and Markets
okr.guid291951468054585656
okr.identifier.externaldocumentum000333037_20111214012758
okr.identifier.internaldocumentum15549933
okr.identifier.report55195
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2011/12/14/000333037_20111214012758/Rendered/PDF/551950ESW0p1090sclosed0Dec013020110.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryMoldova
okr.region.geographicalEurope
okr.region.geographicalEastern Europe
okr.region.geographicalCommonwealth of Independent States
okr.sectorHealth
okr.sectorGeneral public administration sector
okr.sectorGeneral industry and trade sector
okr.sectorGeneral finance sector
okr.sectorGeneral education sector
okr.sectorHealth and other social services
okr.sectorPublic Administration
okr.sectorLaw
okr.sectorPublic Administration, Law, and Justice
okr.sectorIndustry and trade
okr.sectorFinance
okr.sectorEducation
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicEnvironment::Environmental Economics & Policies
okr.unitPoverty Reduction/Econ Mngmt (ECSPE)
okr.volume1 of 1
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