EIRP Proceedings (May 2015)

The Problems of Economy Integration of the Republic of Moldova in the European Union System

  • Gheorghe Rusu,
  • Mihai Bumbu

Journal volume & issue
Vol. 10, no. 1
pp. 466 – 471

Abstract

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The fundamental problem of integration of Moldova in the EU is the faster growth of the national economy than the European one, creating an appropriate financial basis, avoiding poverty and increasing the life quality. The strategy and policies of growth and association of Moldova in the EU was not based on modern economic scientific theories. As a result, the economic development has been carried out primarily on the wrong doctrine and increasing policy and wrong economic integration, based, primary, on social consumption, which has not given a positive effect of European association expected from the reforms implemented in recent years. In the article it is proposed a new approach of economic development and association of Moldova, namely: the main emphasis to be stressed on focusing the investments for primary development of the exporting agro-industrial sector, by strengthening and supporting by the EU of the research and development activity in this field, by innovation and technical transfer oriented to competitive agro-industrial production for export. Achieving these priorities considerably will increase the potential of local economic integration in the EU and will get out the economy from decline, creating a solid economic basis for reducing the poverty.

Keywords