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THE EVOLUTION OF EXPORT AND IMPORT PRICES IN REPUBLIC OF MOLDOVA AND THEIR EFFECT ON THE ECONOMIC GROWTH

Journal: Scientific Papers Series ?Management, Economic Engineering and Rural Development” (Vol.15, No. 2)

Publication Date:

Authors : ;

Page : 265-270

Keywords : export; economic growth; import; prices; Republic of Moldova;

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Abstract

The paper has been intended to analyze evolution of export and import prices in Republic of Moldova. The study was focused on dynamics of imports and exports in Moldova and their influence on economic growth. The data has been provided by the National Statistics Institute (INS), and the Ministry of Agriculture from Moldova Republic. According to preliminary data presented by the National Statistics Office, GDP in 2013 amounted to 82,174.1 million lei and increased by 6.4 percent compared to the previous year. Note that in 2013 the economic growth model of Moldova underwent significant changes. The primary factors that favored GDP growth in 2013 are the existence of increased external demand for domestic products, and increase household disposable income for the period. However, economic growth has been supported by positive developments in all sectors of the economy. The exports to the EU have produced some structural changes: on one hand the share of machinery and transport equipment and raw materials inedible, and on the other hand decreased share of manufactured articles, beverages and tobacco. These changes have led to a diversification of products exported to the EU. The results have shown a various research methodology as: deductive approach, inductive approach, comparative method, qualitative research to analyze the various concepts, notions and theories, quantitative analysis, document analysis and content analysis. The basic methods of research are analysis and synthesis, economic comparisons and statistical method.The conclusions and elaboration of recommendations regarding the implementation of international practices in the health trade’s financing mechanism in the Republic of Moldova.

Last modified: 2015-06-25 19:45:47