PERSPECTIVES FOR DEVELOPMENT AGRICULTURAL VALUE CHAINS: A PATH TOWARDS SUSTAINABILITY

Dumitru Stratan
Additional contact information
Dumitru Stratan: Coordinator Researcher, National Institute for Economic Research, Academy of Economic Studies of Moldova, Republic of Moldova

Journal of Financial and Monetary Economics, 2024, vol. 12, issue 1, 265-270

Abstract: The agricultural sector is a cornerstone of Moldova’s economy, accounting for over 13% of GDP and employing more than 30% of the workforce, especially within rural communities. However, the sector faces numerous challenges, including climate change, limited infrastructure, and market access barriers, which particularly affect smallholder farmers. This article examines the potential for developing Moldova’s agricultural value chains by analyzing various sub-sectors through economic, environmental, and social criteria. Key findings highlight promising opportunities in horticulture, medicinal and aromatic plants, and animal husbandry. These value chains show strong potential for sustainable growth through strategic interventions, such as enhanced processing infrastructure, cooperative farming, and expanded market access. The study recommends targeted support in finance, capacity building, and policy reforms to foster a competitive, resilient agricultural sector in Moldova that can meet both local and international market demands. The article was developed within the framework of Subprogram 030101 „Strengthening the resilience, competitiveness, and sustainability of the economy of the Republic of Moldova in the context of the accession process to the European Union”, institutional funding.

Keywords: Agricultural value chains; sustainability; horticulture; medicinal plants; animal husbandry; economic development; infrastructure; cooperative farming (search for similar items in EconPapers)
JEL-codes: Q Q13 R10 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.icfm.ro/RePEc/vls/vls_pdf_jfme/vol12i1p265-270.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:12:y:2024:i:1:p:265-270

Access Statistics for this article

More articles in Journal of Financial and Monetary Economics from Centre of Financial and Monetary Research "Victor Slavescu" Contact information at EDIRC.
Bibliographic data for series maintained by Daniel Mateescu ().