Assessing the Economic Resilience of the Republic of Moldova in the Context of Recent Security Threats

Adrian Lupusor, Corina Corina, Ecaterina Rusu, Marina Soloviova and Stas Madan

No 509, CASE Reports from CASE-Center for Social and Economic Research

Abstract: The report provides an in-depth evaluation of Moldova’s capacity to adapt to crises such as the COVID-19 pandemic, the energy crisis, and geopolitical tensions resulting from Russia’s war in Ukraine. It examines Moldova’s position as a small, open economy with significant exposure to external shocks, highlighting vulnerabilities in energy imports, trade imbalances, and political stability. Key topics include Moldova’s shift toward European integration, with milestones such as EU candidate status and expanded trade relations, which have helped reduce reliance on Russia. The report analyzes macroeconomic trends, financial sector stability, and energy dependency, identifying progress in institutional reforms and external support mechanisms that have bolstered the economy. However, ongoing challenges remain, such as inflation, fiscal deficits, and the unresolved Transnistria conflict, requiring targeted policy reforms and sustainable strategies for long-term resilience

Keywords: Moldova; economic growth; economic security; energy dependence; foreign trade; financial sector; current account (search for similar items in EconPapers)
JEL-codes: O11 O16 O20 (search for similar items in EconPapers)
Date: 2025-02-28
New Economics Papers: this item is included in nep-cis and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:sec:report:0510

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