2020 State of the Country Report - REPUBLIC of MOLDOWA
2020 State of the Country Report - REPUBLIC of MOLDOWA
Author(s): Adrian Lupuşor, Alexandru Fală, Denis Cenuşă, Iurie Morcotîlo, Stas Madan
Subject(s): National Economy, Family and social welfare, Policy, planning, forecast and speculation, Welfare services, Economic development
Published by: EXPERT-GRUP Centrul Analitic Independent
Summary/Abstract: The analysis of the country’s scores according to the most popular international indexes that are relevant for assessing the state of the country (GDP per capita,1 Global Competitiveness Index,2 Human Development Index3 and Corruption Perception Index4) reveals that Moldova’s position worsened compared to other ECE countries5 and stagnated in comparison with its neighbours (Romania and Ukraine). The only positive improvement that could be observed was with respect to GDP per capita, where some marginal convergence has occurred. It reveals the poor quality and sustainability of the economic growth that Moldova has registered during recent years, because it did not allow the country to improve its external competitiveness. During the Covid-19 crisis, the country’s development gap compared to the ECE region will most likely continue to widen and this will generate significant medium- and long-term risks (e.g. failure to compete for foreign direct investments, emigration of the working age population, poor integration into international supply chains and globalization/regionalization processes etc.).
Series: EXPERT-GRUP — State of the Country Report
- Page Count: 46
- Publication Year: 2020
- Language: English
- Content File-PDF
- Introduction
