Moldova Trade Study : Note 1. Analysis of Trade Competitiveness

As a small economy, Moldova’s growth and development prospects are closely related to its performance in international and regional markets. In this report the authors have looked at the export performance and competitiveness of the Moldovan econom...

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Main Author: World Bank
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
TAX
WTO
CAR
GDP
Online Access:http://documents.worldbank.org/curated/en/2016/03/26075752/moldova-analysis-trade-competitiveness
http://hdl.handle.net/10986/24042
id okr-10986-24042
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic TRANSPORT SECTOR
EXPORT MARKETS
QUALITY OF SERVICES
WORLD TRADE ORGANIZATION
PRODUCTION
LAGS
PASSENGERS
STOCK
VALUATION
MATERIALS
INCOME
TRADE BARRIERS
GDP PER CAPITA
QUALITY OF TRANSPORT
EXPORTS
TREND
BOOKMARK
INCENTIVES
CAPACITY BUILDING
VARIABLES
MERGERS
TAX
BENCHMARKS
INPUTS
RETAIL TRADE
AIRPORTS
ROAD MAINTENANCE
PAYMENTS
MARKET ACCESS
FREE TRADE
TRANSPORT SERVICES
TRENDS
DEVELOPMENT
COMMUNICATIONS
VEHICLE
DATA
INFLUENCE
TRADE BALANCE
TOTAL FACTOR PRODUCTIVITY
ROAD
QUALITY OF TRANSPORTATION
GLOBAL ECONOMY
FEASIBILITY STUDIES
COSTS
PER CAPITA INCOME
TRAINING
GOVERNMENT REGULATIONS
EXPORT GROWTH
TELECOMMUNICATIONS
TRANSPORT
CUSTOMS
MOBILITY
VALUE CHAINS
MARKET PLACE
PRODUCTIVITY
FAILURES
BUSINESS SERVICES
MARKETS
WTO
LIMITED ACCESS
TRUE
ECONOMIC SIZE
INCOME LEVELS
PRIVATE SECTOR DEVELOPMENT
TRADE POLICY
BASKET OF GOODS
GROSS DOMESTIC PRODUCT
TRADE COMPETITIVENESS
SUBSIDIES
GRANTS
INFRASTRUCTURE
TAXES
GLOBAL MARKETPLACE
MANUFACTURING
TRADE SERVICES
TECHNOLOGY
INITIATIVES
DRIVING
INDUSTRIAL ECONOMIES
VALUE ADDED
OPPORTUNITY COST
TRAVEL
TRANSPORTATION
TRANSIT
ECONOMIC PERFORMANCE
CAPITAL
WAGES
GLOBAL MARKET
POLICIES
INTERNATIONAL TRADE
FINANCIAL CRISIS
ROAD SAFETY
VALUE
BENCHMARKING
COMPETITIVENESS
FOREIGN DIRECT INVESTMENT
ELECTRICITY
CREDIT
TRADE DEFICIT
FOREIGN INVESTMENT
DEVELOPMENT STRATEGY
INEFFICIENCY
ECONOMY
AGRICULTURE
CONSUMERS
TARIFF BARRIERS
EXPORT PROMOTION
SIGNALS
PRIVATE SECTOR
BENCHMARK
NEW MARKETS
PRODUCTION FUNCTION
TRANSPORTATION EQUIPMENT
ROADS
BACKBONE
CAR
RESULT
TAXATION
EXPORT SECTOR
ECONOMIC DEVELOPMENT
TRADE
RAILWAYS
GDP
GOODS
MARKET SHARE
GROWTH RATE
BUSINESS
INVESTMENT
COMPARATIVE ADVANTAGE
ADVERSE IMPACT
PERFORMANCE
BUSINESS ENVIRONMENT
ADVERSE EFFECT
INNOVATION
INVESTMENTS
WORLD TRADE
BUSINESS REGULATIONS
COMMODITIES
OUTCOMES
SAFETY
TRANSPORTATION SERVICES
ADVERSE EFFECTS
TRANSIT SYSTEM
BOTTLENECKS
PRODUCTION PROCESSES
spellingShingle TRANSPORT SECTOR
EXPORT MARKETS
QUALITY OF SERVICES
WORLD TRADE ORGANIZATION
PRODUCTION
LAGS
PASSENGERS
STOCK
VALUATION
MATERIALS
INCOME
TRADE BARRIERS
GDP PER CAPITA
QUALITY OF TRANSPORT
EXPORTS
TREND
BOOKMARK
INCENTIVES
CAPACITY BUILDING
VARIABLES
MERGERS
TAX
BENCHMARKS
INPUTS
RETAIL TRADE
AIRPORTS
ROAD MAINTENANCE
PAYMENTS
MARKET ACCESS
FREE TRADE
TRANSPORT SERVICES
TRENDS
DEVELOPMENT
COMMUNICATIONS
VEHICLE
DATA
INFLUENCE
TRADE BALANCE
TOTAL FACTOR PRODUCTIVITY
ROAD
QUALITY OF TRANSPORTATION
GLOBAL ECONOMY
FEASIBILITY STUDIES
COSTS
PER CAPITA INCOME
TRAINING
GOVERNMENT REGULATIONS
EXPORT GROWTH
TELECOMMUNICATIONS
TRANSPORT
CUSTOMS
MOBILITY
VALUE CHAINS
MARKET PLACE
PRODUCTIVITY
FAILURES
BUSINESS SERVICES
MARKETS
WTO
LIMITED ACCESS
TRUE
ECONOMIC SIZE
INCOME LEVELS
PRIVATE SECTOR DEVELOPMENT
TRADE POLICY
BASKET OF GOODS
GROSS DOMESTIC PRODUCT
TRADE COMPETITIVENESS
SUBSIDIES
GRANTS
INFRASTRUCTURE
TAXES
GLOBAL MARKETPLACE
MANUFACTURING
TRADE SERVICES
TECHNOLOGY
INITIATIVES
DRIVING
INDUSTRIAL ECONOMIES
VALUE ADDED
OPPORTUNITY COST
TRAVEL
TRANSPORTATION
TRANSIT
ECONOMIC PERFORMANCE
CAPITAL
WAGES
GLOBAL MARKET
POLICIES
INTERNATIONAL TRADE
FINANCIAL CRISIS
ROAD SAFETY
VALUE
BENCHMARKING
COMPETITIVENESS
FOREIGN DIRECT INVESTMENT
ELECTRICITY
CREDIT
TRADE DEFICIT
FOREIGN INVESTMENT
DEVELOPMENT STRATEGY
INEFFICIENCY
ECONOMY
AGRICULTURE
CONSUMERS
TARIFF BARRIERS
EXPORT PROMOTION
SIGNALS
PRIVATE SECTOR
BENCHMARK
NEW MARKETS
PRODUCTION FUNCTION
TRANSPORTATION EQUIPMENT
ROADS
BACKBONE
CAR
RESULT
TAXATION
EXPORT SECTOR
ECONOMIC DEVELOPMENT
TRADE
RAILWAYS
GDP
GOODS
MARKET SHARE
GROWTH RATE
BUSINESS
INVESTMENT
COMPARATIVE ADVANTAGE
ADVERSE IMPACT
PERFORMANCE
BUSINESS ENVIRONMENT
ADVERSE EFFECT
INNOVATION
INVESTMENTS
WORLD TRADE
BUSINESS REGULATIONS
COMMODITIES
OUTCOMES
SAFETY
TRANSPORTATION SERVICES
ADVERSE EFFECTS
TRANSIT SYSTEM
BOTTLENECKS
PRODUCTION PROCESSES
World Bank
Moldova Trade Study : Note 1. Analysis of Trade Competitiveness
geographic_facet Europe and Central Asia
Moldova
description As a small economy, Moldova’s growth and development prospects are closely related to its performance in international and regional markets. In this report the authors have looked at the export performance and competitiveness of the Moldovan economy. This report provides an overview of Moldova’s trade competitiveness. Its objectives are twofold: (i) to present a comprehensive analysis of Moldova’s recent trade performance and (ii) to identify policy measures and interventions that can enhance the competitiveness of Moldova’s export firms and the value added of their exports. The report is divided into two main parts. Part one contains an exports outcome analysis. It assesses export performance along four dimensions that contribute to form a comprehensive picture of the sustainable competitiveness of the export sector, including (i) the level, growth, and market share performance of existing exports (the “intensive margin”); (ii) diversification of products and markets (the “extensive margin”); (iii) the quality and sophistication of exports (the “quality” margin); and (iv) the survival of export flows (the “sustainability margin”). Part two investigates constraints on Moldova’s competitiveness, focusing specifically on a series of supply-side factors, such as the role of backbone and input services and utilities, and access to finance; and the business environment, particularly government regulations affecting trade and governance and institutional quality. The rest of the report is structured as follows: Section two examines overall trends in trade flows, including the growth of exports and imports, the degree of trade openness, and the recent evolution in foreign direct investment flows. In Section three, the authors concentrate on export outcomes, analyzing the sectoral composition, the growth orientation, and degree of diversification of Moldovan exports. The authors also analyze the evolution in the quality and sophistication of exports and the survival of export relationships in different markets and sectors. In the second part of the report, the authors look at productivity dynamics of Moldovan firms in comparative perspective, and then investigate the impact of access to finance, backbone services, trade and customs regulations, and corruption on firm productivity. The authors conclude this report with policy recommendations to improve Moldova's export competitiveness and increase the product and market scope, quality, and sophistication of its export basket.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Moldova Trade Study : Note 1. Analysis of Trade Competitiveness
title_short Moldova Trade Study : Note 1. Analysis of Trade Competitiveness
title_full Moldova Trade Study : Note 1. Analysis of Trade Competitiveness
title_fullStr Moldova Trade Study : Note 1. Analysis of Trade Competitiveness
title_full_unstemmed Moldova Trade Study : Note 1. Analysis of Trade Competitiveness
title_sort moldova trade study : note 1. analysis of trade competitiveness
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/03/26075752/moldova-analysis-trade-competitiveness
http://hdl.handle.net/10986/24042
_version_ 1764455520049037312
spelling okr-10986-240422021-06-14T10:20:11Z Moldova Trade Study : Note 1. Analysis of Trade Competitiveness World Bank TRANSPORT SECTOR EXPORT MARKETS QUALITY OF SERVICES WORLD TRADE ORGANIZATION PRODUCTION LAGS PASSENGERS STOCK VALUATION MATERIALS INCOME TRADE BARRIERS GDP PER CAPITA QUALITY OF TRANSPORT EXPORTS TREND BOOKMARK INCENTIVES CAPACITY BUILDING VARIABLES MERGERS TAX BENCHMARKS INPUTS RETAIL TRADE AIRPORTS ROAD MAINTENANCE PAYMENTS MARKET ACCESS FREE TRADE TRANSPORT SERVICES TRENDS DEVELOPMENT COMMUNICATIONS VEHICLE DATA INFLUENCE TRADE BALANCE TOTAL FACTOR PRODUCTIVITY ROAD QUALITY OF TRANSPORTATION GLOBAL ECONOMY FEASIBILITY STUDIES COSTS PER CAPITA INCOME TRAINING GOVERNMENT REGULATIONS EXPORT GROWTH TELECOMMUNICATIONS TRANSPORT CUSTOMS MOBILITY VALUE CHAINS MARKET PLACE PRODUCTIVITY FAILURES BUSINESS SERVICES MARKETS WTO LIMITED ACCESS TRUE ECONOMIC SIZE INCOME LEVELS PRIVATE SECTOR DEVELOPMENT TRADE POLICY BASKET OF GOODS GROSS DOMESTIC PRODUCT TRADE COMPETITIVENESS SUBSIDIES GRANTS INFRASTRUCTURE TAXES GLOBAL MARKETPLACE MANUFACTURING TRADE SERVICES TECHNOLOGY INITIATIVES DRIVING INDUSTRIAL ECONOMIES VALUE ADDED OPPORTUNITY COST TRAVEL TRANSPORTATION TRANSIT ECONOMIC PERFORMANCE CAPITAL WAGES GLOBAL MARKET POLICIES INTERNATIONAL TRADE FINANCIAL CRISIS ROAD SAFETY VALUE BENCHMARKING COMPETITIVENESS FOREIGN DIRECT INVESTMENT ELECTRICITY CREDIT TRADE DEFICIT FOREIGN INVESTMENT DEVELOPMENT STRATEGY INEFFICIENCY ECONOMY AGRICULTURE CONSUMERS TARIFF BARRIERS EXPORT PROMOTION SIGNALS PRIVATE SECTOR BENCHMARK NEW MARKETS PRODUCTION FUNCTION TRANSPORTATION EQUIPMENT ROADS BACKBONE CAR RESULT TAXATION EXPORT SECTOR ECONOMIC DEVELOPMENT TRADE RAILWAYS GDP GOODS MARKET SHARE GROWTH RATE BUSINESS INVESTMENT COMPARATIVE ADVANTAGE ADVERSE IMPACT PERFORMANCE BUSINESS ENVIRONMENT ADVERSE EFFECT INNOVATION INVESTMENTS WORLD TRADE BUSINESS REGULATIONS COMMODITIES OUTCOMES SAFETY TRANSPORTATION SERVICES ADVERSE EFFECTS TRANSIT SYSTEM BOTTLENECKS PRODUCTION PROCESSES As a small economy, Moldova’s growth and development prospects are closely related to its performance in international and regional markets. In this report the authors have looked at the export performance and competitiveness of the Moldovan economy. This report provides an overview of Moldova’s trade competitiveness. Its objectives are twofold: (i) to present a comprehensive analysis of Moldova’s recent trade performance and (ii) to identify policy measures and interventions that can enhance the competitiveness of Moldova’s export firms and the value added of their exports. The report is divided into two main parts. Part one contains an exports outcome analysis. It assesses export performance along four dimensions that contribute to form a comprehensive picture of the sustainable competitiveness of the export sector, including (i) the level, growth, and market share performance of existing exports (the “intensive margin”); (ii) diversification of products and markets (the “extensive margin”); (iii) the quality and sophistication of exports (the “quality” margin); and (iv) the survival of export flows (the “sustainability margin”). Part two investigates constraints on Moldova’s competitiveness, focusing specifically on a series of supply-side factors, such as the role of backbone and input services and utilities, and access to finance; and the business environment, particularly government regulations affecting trade and governance and institutional quality. The rest of the report is structured as follows: Section two examines overall trends in trade flows, including the growth of exports and imports, the degree of trade openness, and the recent evolution in foreign direct investment flows. In Section three, the authors concentrate on export outcomes, analyzing the sectoral composition, the growth orientation, and degree of diversification of Moldovan exports. The authors also analyze the evolution in the quality and sophistication of exports and the survival of export relationships in different markets and sectors. In the second part of the report, the authors look at productivity dynamics of Moldovan firms in comparative perspective, and then investigate the impact of access to finance, backbone services, trade and customs regulations, and corruption on firm productivity. The authors conclude this report with policy recommendations to improve Moldova's export competitiveness and increase the product and market scope, quality, and sophistication of its export basket. 2016-04-11T19:34:59Z 2016-04-11T19:34:59Z 2016-01-30 Report http://documents.worldbank.org/curated/en/2016/03/26075752/moldova-analysis-trade-competitiveness http://hdl.handle.net/10986/24042 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study Economic & Sector Work Europe and Central Asia Moldova