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Competition – An Important Factor For Development And Regulation Of The Economy Of Republic Moldova

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Author Info

  • Tatiana TROFIMOV
  • tatianatrofimov@yahoo.fr

    (Academy of Economic Studies of Moldavia, Moldavia)

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    Abstract

    Under the influence of regional and international economic changes competition has reaffirmed its role as a decisive regulating force of the market economy. Increased competition leads to enhancement of productivity and competitiveness processes, to cost and price reduction, to the intensification of innovation and R&D. All these form a whole, an overall requiring an analysis, an assessment, and a synthesis of the existing competitive environment. One of the most recent strategic objectives of the Republic of Moldova has become the integration into the European Union, which implies creating a normal, viable competitive environment, capable of serving market economy. Regional integration enables some internal levers, through which a more efficient economy is reached, obtained through extension and increase of the competition mechanism produced on a regional scale

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    Bibliographic Info

    Article provided by Faculty of Management, Academy of Economic Studies, Bucharest, Romania in its journal Proceedings of the International Conference INVESTMENTS AND ECONOMIC RECOVERY.

    Volume (Year): 10 (2011)
    Issue (Month): 1 (December)
    Pages: 307-310

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    Handle: RePEc:rom:efinvm:v:10:y:2011:i:1:p:307-310

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    Keywords: competition; competitiveness process; economy; integration.;

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