Changes in the international wine trade and policies for the promotion of moldovan wines

Johnbull Ugbo ()
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Johnbull Ugbo: PhD student, University of Political and Economic Studies “C. STERE”, Republic of Moldova

Economics, 2022, vol. 10, issue 2, 77-94

Abstract: From an economic perspective, the COVID-19 crisis has been an exogenous shock to most local and international markets. Due to the COVID-19 pandemic, physical separation (or social distancing) to prevent the spread of the virus has led to feelings of isolation and loneliness, increasing the prevalence of depression, anxiety, post-traumatic stress disorders, and insomnia in the population. However, during the lockdown, technological devices have provided a way for people to maintain social connections with friends, family, their social networks, and/or the wider community. This article analyzes the changes on the international wine market and estimates the exports of Moldovan wine, especially in the neighboring region, which includes Romania, Ukraine and Bulgaria to Nigeria, considered a new market and characterized by the lack of traditions in wine consumption.

Keywords: international wine trade; Moldovan wines; policies for the promotion (search for similar items in EconPapers)
JEL-codes: F00 F53 H57 L66 O24 R11 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:econom:v:10:y:2022:i:2:p:77-94:n:4

DOI: 10.2478/eoik-2022-0013

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