FOREIGN TRADE OF THE REPUBLIC OF MOLDOVA: DEVELOPMENTS, TRENDS, PROSPECTS
European integration has positively influenced Moldova's trade, redirecting it towards the EU markets and boosting part of the economy towards modernization. Nevertheless, consistent economic policies, dynamic institutional support, and investment in the structural diversification of the eco...
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| Format: | Article |
| Language: | English |
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Academy of the Economic Studies of Moldova
2025-03-01
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| Series: | Economica |
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| Online Access: | https://irek.ase.md/xmlui/bitstream/handle/123456789/4019/ECONOMICA%20nr%201%202025_pp.%2065-77.pdf?sequence=1&isAllowed=y |
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| _version_ | 1849469306999406592 |
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| author | Diana BRAGOI |
| author_facet | Diana BRAGOI |
| author_sort | Diana BRAGOI |
| collection | DOAJ |
| description | European integration has positively influenced Moldova's trade, redirecting it towards the EU
markets and boosting part of the economy towards
modernization. Nevertheless, consistent economic
policies, dynamic institutional support, and investment in the structural diversification of the economy are needed to make the most of the advantages. In this context, the purpose of this study is to
analyse the prospects for trade development of the
Republic of Moldova in relation to the process of
accession to the European Union, with emphasis
on the dynamics of trade and alignment of the
economic framework to EU standards. The methodology applied in this paper combines documentary analysis of relevant international agreements
and trade policies with descriptive statistical
analysis of Moldova's foreign trade data for the
period 2015-2023. The study uses official sources,
such as the National Bureau of Statistics, Eurostat
and the World Bank, and applies economic indicators, such as the Relevant Comparative Advantage
Index (RCA), to assess the country's trade specialization and external competitiveness. This
approach provides a comprehensive overview of
the impact of European integration process on
Moldova's trade performance. |
| format | Article |
| id | doaj-art-4d8baa8e3c0f4aa591ca3bd248afff68 |
| institution | Kabale University |
| issn | 1810-9136 |
| language | English |
| publishDate | 2025-03-01 |
| publisher | Academy of the Economic Studies of Moldova |
| record_format | Article |
| series | Economica |
| spelling | doaj-art-4d8baa8e3c0f4aa591ca3bd248afff682025-08-20T03:25:31ZengAcademy of the Economic Studies of MoldovaEconomica1810-91362025-03-011131657710.53486/econ.2025.131.65FOREIGN TRADE OF THE REPUBLIC OF MOLDOVA: DEVELOPMENTS, TRENDS, PROSPECTSDiana BRAGOI0https://orcid.org/0000-0003-2474-6408ASEMEuropean integration has positively influenced Moldova's trade, redirecting it towards the EU markets and boosting part of the economy towards modernization. Nevertheless, consistent economic policies, dynamic institutional support, and investment in the structural diversification of the economy are needed to make the most of the advantages. In this context, the purpose of this study is to analyse the prospects for trade development of the Republic of Moldova in relation to the process of accession to the European Union, with emphasis on the dynamics of trade and alignment of the economic framework to EU standards. The methodology applied in this paper combines documentary analysis of relevant international agreements and trade policies with descriptive statistical analysis of Moldova's foreign trade data for the period 2015-2023. The study uses official sources, such as the National Bureau of Statistics, Eurostat and the World Bank, and applies economic indicators, such as the Relevant Comparative Advantage Index (RCA), to assess the country's trade specialization and external competitiveness. This approach provides a comprehensive overview of the impact of European integration process on Moldova's trade performance.https://irek.ase.md/xmlui/bitstream/handle/123456789/4019/ECONOMICA%20nr%201%202025_pp.%2065-77.pdf?sequence=1&isAllowed=yeuropean integrationtradeeconomic convergencecompetitive advantage |
| spellingShingle | Diana BRAGOI FOREIGN TRADE OF THE REPUBLIC OF MOLDOVA: DEVELOPMENTS, TRENDS, PROSPECTS Economica european integration trade economic convergence competitive advantage |
| title | FOREIGN TRADE OF THE REPUBLIC OF MOLDOVA: DEVELOPMENTS, TRENDS, PROSPECTS |
| title_full | FOREIGN TRADE OF THE REPUBLIC OF MOLDOVA: DEVELOPMENTS, TRENDS, PROSPECTS |
| title_fullStr | FOREIGN TRADE OF THE REPUBLIC OF MOLDOVA: DEVELOPMENTS, TRENDS, PROSPECTS |
| title_full_unstemmed | FOREIGN TRADE OF THE REPUBLIC OF MOLDOVA: DEVELOPMENTS, TRENDS, PROSPECTS |
| title_short | FOREIGN TRADE OF THE REPUBLIC OF MOLDOVA: DEVELOPMENTS, TRENDS, PROSPECTS |
| title_sort | foreign trade of the republic of moldova developments trends prospects |
| topic | european integration trade economic convergence competitive advantage |
| url | https://irek.ase.md/xmlui/bitstream/handle/123456789/4019/ECONOMICA%20nr%201%202025_pp.%2065-77.pdf?sequence=1&isAllowed=y |
| work_keys_str_mv | AT dianabragoi foreigntradeoftherepublicofmoldovadevelopmentstrendsprospects |