Risks to the Agri-food Sector of Republic of Moldova Associated with Restrictions Imposed by the Russian Federation on Moldovan Imports

AbstractAfter Republic of Moldova has declared its firm decision to sign the Association Agreement with the European Union, Russia has tightened Moldovan products’ access on its market. It has imposed a series of bans on Moldovan agri-food imports starting with the end of last year – wines (September 2013), pork meat (April 2014), fresh and canned fruits and vegetables (July 2014), all kinds of meat (October 2014). On July 31, a resolution on the introduction of import duties in respect of imported products whose country of origin is the Republic of Moldova, especially beef, pork, chicken, vegetables, some fruits, cereals, sugar, wine grapes, alcohol, and furniture has been adopted. This situation increases tension among domestic farmers and food producers and sparks concerns among decision makers, due to the high concentration of some of these products on the Russian market. The present paper aims to offer: an alternative vision on the effects these measures may have on different segments of the Moldovan agri-food sector; some attempts to estimate losses in revenue from exports in the most exposed to risk sectors. Some recommendations of measure to overcome the possible negative effects have been formulated. Despite the existence of trade preferential regime between CIS countries since the early 90s of the past century, nontariff barriers remain to be a major impediment to trade among them. Particularly severe are trade embargoes applied by Russia Federation. Although, the experience showed that some of these measures have strong negative impact, other effects appear to be sometimes overstated. This does motivate Russian authorities to use them as a leverage to solve non-economic disagreements, maintaining the dependence of the country and hindering its initiative to promote proper policies to develop its national competitiveness

MOLDOVAN WINW INDUSTRY UNDER PRESSURE OF EXTERNAL THREATS

The Moidovan wine industry has been hunted in 2006 by an external shock that was j'ami for the sector. The wine production and exports have registered a dramatic fail. Despite declarations of national authorities that the risks were abolished and the situation has normalized, unfortunately the statistical data shows that exports have not succeeded in past 5 years to reach the level recorded before the shock. That speaks about the fact that foreign market share lost in 2006 was not recovered. And the situation is even more dramatic, because it had serious consequences over economic and financial activity of enterprise in the sector. In (his context, considering the strategic role of the wine sector for the Moidovan economy, both the winemakers. and national authorities should undertake urgent measures

Development and side effects of remittances in the CIS countries : the case of Republic of Moldova

CARIM-East: Creating an Observatory of Migration East of EuropeMigration is a longstanding phenomenon. However, the impact of remittances on the countries of origins, makes migration a topic of special interest for many researchers. In the Republic of Moldova remittances have become a much discussed and much analyzed subject, Moldova 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. Within the present work an attempt has been made to capture the positive and negative spillovers that migrants’ remittances have on a country’s socio-economic development. The study summarises previous findings and data sources related to remittances and their influence on the economy. Moreover, authors investigate the link between remittances and economic growth, investments, inflation, employment, human capital and poverty. The study combines the theoretical background with an analysis of the real trends and fluctuations in the Moldovan economy.Миграция существует уже в течение очень длительного периода времени, однако ее масштабы и влияние, которые она оказывает на страну происхождения мигрантов посредством переводимых ими денег (термин, известный в англ. литературе как remittances), представляет особый интерес для многих исследователей. В Республике Молдова денежные переводы стали предметом оживленного обсуждения и анализа, принимая во внимание, что страна входит в группу стран с самой высокой долей денежных переводов в ВВП. Более того, этот внешний финансовый поток, в отличие от прямых иностранных инвестиций, внешней торговли и др., оказывает значительное влияние на экономический рост. В рамках данной работы были сделаны попытки представить положительное и отрицательное воздействие денежных переводов на социально-экономическое развитие страны. Исследование анализирует и обобщает выводы предыдущих разработок, опираясь на источники данных, связанные с денежными переводами и их влиянием на экономику. Кроме того, авторы изучают связь между денежными переводами и экономическим ростом, инвестициями, инфляцией, занятостью, человеческим капиталом и бедностью. Исследование сочетает в себе теоретические основы и анализ реальных тенденций и колебаний в экономике Молдовы.CARIM-East is co-financed by the European University Institute and the European Union