UNTAPPED RESOURCES OF THE REPUBLIC OF MOLDOVA (BY CATEGORIES) AND THEIR IMPACT ON THE ECONOMY

Abstract

The statement that the Republic of Moldova is not a state with natural resources is most often used as an argument for national scarcity. The reality is different, in the top 12 countries by GDP per capita there are only 2 countries with excess natural resources. Industrialisation explains the procedure by which a finished product is sold at a higher price per kilogram after processing a kilogram of raw material. There are untapped resources according to several categories on the territory of the Republic of Moldova: inexhaustible, recyclable, renewable, extracted from underground, with development potential. It is only important to create a national industrialization strategy and develop a correlation in the production processes of several sectors to create an optimal marginal cost.

Keywords

• industry
• untapped resources
• domestic resources
• economy
• reserves