Moldova trebuie să tranziteze spre un nou model de creștere economică, bazat pe valoare adăugată sporită
Moldova needs transition to a new model of economic growth, based on increased added value

Author(s): Adrian Lupușor, Dumitru Pîntea, Ecaterina Rusu, Marina Soloviova, Stas Madan, Vitalie Rapcea
Subject(s): National Economy, Economic policy
Published by: EXPERT-GRUP Centrul Analitic Independent
Summary/Abstract: The year 2024, when the economy effectively stagnated, marked the continuation of the trend that began 10 years ago of eroding economic growth potential. While in the period 2004-2013, average economic growth amounted to 4.6% per year, in the period 2014-2023 the average annual growth slowed to only 2.2%. In 2024, if we exclude the effect of the drought that compromised agricultural production, economic growth would have amounted to about 1.5%, following the downward trajectory of recent years. This erosion of the potential of the Moldovan economy is taking place under the influence of 3 fundamental factors: (i) the worsening demographic situation and the emigration of the working-age population; (ii) the deficit of public and private investments; (iii) weak governance that undermines the efficiency of state support programs for businesses, as well as the management/assimilation of funds intended for public investments.

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