Republic of Moldova: Poverty Reduction Strategy Paper-Joint Staff Advisory Note

IMF Staff Country Reports, August 28, 2013

Source details

Canonical URL

Republic of Moldova: Poverty Reduction Strategy Paper-Joint Staff Advisory Note

Other formats

• Markdown version
• Structured JSON version
• Bundle manifest

Bibliographic details

• Published: August 28, 2013
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781484379363.002

Overview

• This Joint Staff Advisory Note focuses on Republic Of Moldova’s Poverty Reduction Strategy Paper and National Development Strategy (NDS).
• The NDS unifies in one document the government’s poverty reduction strategy and development vision.
• The NDS argues that Moldova needs to add productivity-enhancing investment and exports as growth drivers to its traditional consumption-based growth model.
• The strong pace of growth observed in the mid-2000s was driven by domestic consumption fuelled by remittances.
• The NDS calls for a shift from the current consumption-based growth model toward one based on raising investments, increasing productivity and competitiveness, developing export industries, and promoting a knowledge-based society.

Key findings

• Growth pattern: Mid-2000s growth was strongly consumption-driven and fueled by remittances.
• Structural diagnosis: Current model relies on consumption rather than investment, productivity, or export expansion.
• Strategic objective: Reorient growth toward investment, productivity gains, competitiveness, export development, and knowledge-based activities.

Policy recommendations and reform priorities

• Raise investments to diversify growth drivers beyond consumption.
• Increase productivity and improve competitiveness across the economy.
• Develop export industries to reduce reliance on domestic consumption and remittances.
• Promote a knowledge-based society as part of long-term development and poverty reduction.

Thematic coverage (as stated)

• Subjects: Education, Fiscal policy, Fiscal sustainability, Labor, Labor markets, Poverty, Poverty reduction strategy
• Keywords: Central Asia, CR, Europe, Fiscal sustainability, GDP, goals of the NDS, governance, government of Moldova, implementation of NDS, ISCR, Labor markets, NDS financing, NDS goal, Poverty reduction strategy, reform, reform program, text of the NDS

International Monetary Fund. Republic of Moldova: Poverty Reduction Strategy Paper-Joint Staff Advisory Note, August 28, 2013.

Content in this bundle

• 1. The National Development Strategy
  • 1. The National Development Strategy (Markdown version)
  • 1. The National Development Strategy (PDF)