scholarly journals MOLDOVAN EXTERNAL TRADE WITH EU, CIS AND OTHER COUNTRIES: ACHIEVEMENTS AND CHALLENGES

2019 ◽  
pp. 53-70
Keyword(s):  
Foreign Trade ◽  
Volume Index ◽  
The European Union ◽  
External Trade ◽  
Index Method ◽  
Republic Of Moldova ◽  
Trade Relations ◽  
Physical Volume ◽  
The Republic ◽  
Laspeyres Index

The foreign trade of a state represents a determinant in assessing its economic statute among the neighbours and in the whole world. Actuality of the studied topic is determined by the changing trade relations that the Republic of Moldova is passing through in the last years. Republic of Moldova holds the necessary criteria for becoming a competitive country in the region in terms of the manufactured and marketed goods. The aim of the study is to evaluate the foreign trade of the Republic of Moldova, by emphasizing the main traded groups of products, trade partners as well as to analyze the average price index and physical volume index of imports and exports. The paper also comes with an analysis of re-export and re-import, which represent a peculiarity for our country’s trade pattern. Research methods that have been used within the paper are the following: analogy, systemic approach, statistical and scientific analysis, Laspeyres index method. The obtained results focus on the recovery of the foreign trade between 2015 and 2017 with higher revival rates of exports, and a growing reorientation of exports towards the European Union and other countries markets.

scholarly journals Analysis of the impact of tariff preferences on the foreign trade of the Russian Federation and the Republic of Serbia

Upravlenie ◽  
2020 ◽  
Vol 8 (4) ◽  
pp. 42-50
Author(s):  
D. E. Barsegyan
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
Free Trade ◽  
Russian Federation ◽  
Statistical Data ◽  
The European Union ◽  
Trade Relations ◽  
The Russian Federation ◽  
The Republic ◽  
The Impact

The article considers the dynamics and structure of foreign trade of the Russian Federation and the Republic of Serbia, as well as the impact of tariff preferences on foreign trade between two countries. The analysed measures were: dynamics of the Russian Federation’s exports to the Republic of Serbia, dynamics of the Russian Federation’s imports from the Republic of Serbia, tariff preferences applied between countries. The article provides statistical data on the dynamics and structure of foreign trade of the Russian Federation and the Republic of Serbia for 2010–2019 and their dependence on the application of tariff preferences, as well as indicators of trade between the EAEU and the EAEU member states with the Republic of Serbia for 2017–2019. The paper analyses the possible directions of Serbia’s participation in the EAEU and the European Union, assesses the benefits of creating a free trade zone between the EAEU and Serbia, as well as the costs of Serbia’s integration into the European Union. The importance of tariff preferences in the development of foreign trade relations between Russia and Serbia is shown.

scholarly journals INSTITUTIONAL AND FINANCIAL COMPONENTS OF UKRAINE’S EXPORT GROWTH

2018 ◽  
Vol 2018 (8) ◽  
pp. 30-49
Author(s):  
Kateryna ANUFRIIEVA ◽  
Keyword(s):  
Foreign Trade ◽  
Financial Services ◽  
International Market ◽  
The State ◽  
Schematic Model ◽  
External Trade ◽  
Resource Base ◽  
Trade Relations ◽  
The World ◽  
Credit Agency

Today, the state policy on export development is being improved and the export support tools are being implemented at the legislative level. Exporting economic entities form the demand for financial services, which would meet current conditions in the international market, as well as allow for unrestricted settlements with foreign counterparties, available financing of working capital and insurance provision of export operations in order to increase the competitiveness of such entities. The author substantiates importance of the centralized focus of export support efforts, determines the concept of “trade financing and insurance” as a source of resource and institutional support for export operations and highlights the positive aspects and problems arising from financing of export transactions and settlements with counterparties. The state of international cooperation on export issues and trends of the world trade are briefly mentioned. As is known, the Export and Credit agency (ECA), an institution for insurance and export support, has recently been established; however, its place, management, tasks and resource base are still being determined. Therefore, the article proposes a basic schematic model of the activities of this institution. The author emphasizes that increasing the competitiveness of Ukrainian exporters and strengthening their confidence in them in the international market are especially important given the world trend of “de-risking”. De-risking is the limitation of cooperation with certain categories of clients or states (which Ukraine is sometimes included in) to avoid the risk of financing illicit activities, a person under sanctions, terrorism, and the like. The focus of further research the author suggests addressing such issues: (i) interaction of the state and private sectors with support of exports; (ii) determination of the product range of financial institutions servicing the subjects of foreign trade, as well as the ECA; (iii) impact of sanctions and restrictions on Ukraine’s foreign trade relations. Accelerating the development of exports and overcoming obstacles when concluding the external trade agreements and settlements will ultimately help Ukraine to take a niche among the world’s exporters and strengthen its own financial security.

scholarly journals Integration of Republica Moldova to the EU: Real Conditions and Perspectives (the 1990ʼs of the 20th – early of the 21st century)

2018 ◽  
pp. 287-295
Author(s):  
Halyna Melnychuk
Keyword(s):  
European Union ◽  
European Integration ◽  
Political Development ◽  
Cultural Integration ◽  
The European Union ◽  
Association Agreement ◽  
Republic Of Moldova ◽  
Existing Problems ◽  
The Republic ◽  
The Eu

This article presents important steps and achievements accomplished by the Republic of Moldova towards integration, by analysing its collaboration with the European Union.  The development of relations with the EU is the priority goal that Moldova strives for, which means not only economic, but also political and cultural integration.  The first steps of the Republic of Moldova towards the EU were encouraging.  After years of isolation, this process was difficult and required a lot of efforts.  This is due to many reasons, the most important of which are Russia's political and economic pressure, theunresolved issue in Transnistria, the ideological and geopolitical schisms of the population, some of which see their future with Russia, and the other part with Europe.  Despite the existing problems, cooperation with the EU has yielded tangible results: the EU-Moldova Association Agreement has been signed, the visa regime has been abolished and financial support for the socioeconomic and public sectors is provided.  Moldova, for its part, is making great efforts to form a single political, economic and cultural educational space with the EU, which supports its efforts in the process of European integration.  Its speed and success largely depend on the country itself, its economic and political development.  A strong statepolicymaking aimed at strengthening reforms and stimulating the transition to a market economy in accordance with the international principles is inherent in the future development of Moldova. Keywords: Republic of Moldova, European Union,European Integration, foreign policy, Transniestrian conflict

Transforming the Moldovan Prosecution Service: Can the Eyes of the State Become the Voice of the People?

2012 ◽  
Vol 12 (3) ◽  
pp. 491-518 ◽  
Author(s):  
John Pearson
Keyword(s):  
European Union ◽  
Legal Institutions ◽  
The European Union ◽  
Reform Initiatives ◽  
Republic Of Moldova ◽  
The People ◽  
Political Interference ◽  
The Republic ◽  
European Standards ◽  
The Voice

The Republic of Moldova yearns for the embrace of the European Union. But before this can happen, Moldova must first transform its legal institutions to approximate European standards. This article focuses on one of Moldova’s most powerful legal institutions, the Office of the Prosecutor General. It asks whether this office can be transformed from a militarized relic of the Soviet past to a modern prosecution service. Many daunting challenges will have to be overcome, including the spectre of political interference; an overly broad mandate; deep seated public mistrust; the corruption entrenched in Moldova’s legal institutions; and the absence of cross-sector justice reform initiatives.

scholarly journals Analysis of the Propagation Effects of Remittances on the Vulnerability of External Trade of the Republic of Moldova

2021 ◽  
Vol 7 (2) ◽  
pp. 94-120
Author(s):  
Mircea Diavor ◽  
Keyword(s):  
Open Economy ◽  
Small Open Economy ◽  
Impulse Response Function ◽  
External Shocks ◽  
External Trade ◽  
Republic Of Moldova ◽  
Causality Tests ◽  
Balance Of Trade ◽  
The Republic ◽  
Analytical Tools

In the Republic of Moldova remittances have become a much-discussed subject, the country ranking among the economies with the highest share of remittances in terms of GDP. What is more, remittances, unlike FDI, external trade and other sources of income, seem to have a significant impact on economic growth. Republic of Moldova is a small open economy vulnerable to external shocks. We will examine the effect of remittances on the balance of trade by creating an econometric model. Am attempt has also been made to capture the positive and negative spillovers that migrants’ remittances have on a country’s socio-economic development. Within the research a variety of analytical tools are employed including Granger causality tests, unit root tests, coupled with a structural vector auto regression (SVAR), impulse response function (IRF) analyses and variance decomposition. We find that net trade and remittances are closely associated and follow an almost identical path. Remittances have strong effect on the growth of negative net trade of the Republic of Moldova.

scholarly journals SOCIAL COHESION IN THE REPUBLIC OF MOLDOVA: REALITIES AND PERSPECTIVES

2021 ◽  
pp. 99-109
Author(s):  
MOCANU Victor ◽  
MALCOCI Ludmila ◽  
MOCANU Angela
Keyword(s):  
Social Cohesion ◽  
Social Inclusion ◽  
Social Trust ◽  
Social Solidarity ◽  
Sociological Research ◽  
The European Union ◽  
Association Agreement ◽  
Republic Of Moldova ◽  
Theoretical Approaches ◽  
The Republic

Strengthening social cohesion is one of the main directions of the Moldova 2030 strategy. At the same time, the Association Agreement between the Republic of Moldova and the EU stipulates social inclusion, poverty reduction, social cohesion, sustainable development and improving the quality of life as social policy priorities. This article analyzes the theoretical approaches of the concept of social cohesion and presents the results of sociological research on social cohesion in the Republic of Moldova conducted in 2020. The sample includes 1202 respondents and is representative by place of residence (urban / rural), sex, age, level of education. The qualitative study included interviews with 90 experts, representatives of local public authorities, NGOs and the private sector and 3 focus groups. The research was carried out within the project “Training and strengthening social cohesion in the Republic of Moldova in the context of rapprochement with the European Union”. As key aspects of social cohesion were analyzed: self-identification of the degree of belonging of Moldovan citizens to the Republic of Moldova, perceptions of solidarity with other citizens, social trust, participation and inclusion of citizens in political, social and economic processes. The research results showed that the level of cohesion and social solidarity in the Republic of Moldova is quite low. The COVID-19 pandemic has deepened social distancing, uncertainty about the future, poverty and the marginalization of certain groups of the population and has further contributed to lowering the level of social cohesion.

scholarly journals British-Slovak Foreign Trade Relations: Consequences of Brexit

2019 ◽  
pp. 341-353
Author(s):  
Marcel Kordos
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
Policy Instruments ◽  
Current Status ◽  
The European Union ◽  
Economic Relations ◽  
Trade Relations ◽  
The Future ◽  
The Uk ◽  
The Impact

The possibility of the UK's withdrawal from the European Union has never been more realistic and up-to-date since joining the European Communities (EC) as it is today. The UK is facing a unique situation. At present, this depends solely on the capabilities of European and British government officials, who negotiate the terms of withdrawal and future cooperation between the two entities. The main goal of this paper is based on the British – Slovak trade relations development analysis to figure out their impact within the Brexit consequences on the future Slovak economy and its current status in international economic relations. The paper also provides a basic overview of Brexit process and its possible impact on the EU's further functioning. Basic data will be drawn from generally accepted institutions, evaluating the UK and Slovak trade and economic performance. To accomplish this goal, methods such as analysis and comparison to illustrate the UK-Slovak foreign trade development, synthesis and logical deduction to discuss the Brexit impact on Slovak economic environment in the future are to be used; data from scientific and professional publications, periodical and non-periodical press. The paper presents the results of an empirical analysis, which showed that because of the size of economic relations between Slovakia and the United Kingdom and the number of goods and services being exported to the UK, the «hard» Brexit will be very unfavourable for Slovak foreign trade due to the possible tariffs being imposed. The research empirically confirms and theoretically proves that it can cause a significant weakening and slowdown in the Slovak economy. Either way, the upcoming Brexit process, that is the withdrawal of Great Britain from the European Union, would have a major impact not only on British, European but also on the world economy. The impact of Brexit on Slovakia's economy will not only be in reducing the possible growth of the economy, but also in employment and price increases. Keywords: EU single market, Britain's withdrawal from the EU, foreign trade policy instruments analysis, international economics, Slovak economy slowdown prediction, Slovak foreign trade commodity structure analysis.

scholarly journals Transparency of the decision-making process during the Coronavirus pandemic

2021 ◽  
pp. 81-97
Author(s):  
Irina Ciacir ◽  
◽  
Ecaterina Subina ◽  
Keyword(s):  
Decision Making ◽  
Public Administration ◽  
Decision Making Process ◽  
The European Union ◽  
The Public ◽  
Republic Of Moldova ◽  
Communication Problems ◽  
Short Period ◽  
The Republic

2020 is a year of global change. The spread of the COVID-19 virus was an impetus for transformation. The entire globe confronts impediments hard-to-anticipate, but who endangers people’s life. This article refers to the transparency of the decision-making process in the pandemic period. Also, it is explained the communication problems that can appear in complicated situations between the public administration and the citizen. Both the authorities of the European Union, in general, and of the Republic of Moldova, in particular, encounter social problems, which must be resolved in a very short period. Many decisions must be made promptly and unforeseen. It is important that this process does not affect the quality of public services provided and does not infringe on the rights of citizens. Thus, the decision-making process must be transparent and accessible to citizens

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