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Assessment Of The Business Environment In The Republic Of Moldova: Key Trends And Determining Factors

Author

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  • Alexandru STRATAN

    (INCE)

  • Elena ACULAI
  • Natalia VINOGRADOVA

Abstract

Assessment of trends in the business environment is a matter of interest to entrepreneurs, investors and representatives of the public administration, as it allows well-grounded planning of business development, making reasoned decisions about investing and improving purposefully public policies. In the Republic of Moldova, despite the adoption of the necessary legislation, implementation of government programs and the creation of institutions to support business, trends in the business environment are treated contradictorily by businessmen and public servants. International ratings also provide a mixed assessment of changes in the business climate in the country. The purpose of this article is to highlight the trends of the business environment in the Republic of Moldova, taking into account the specific conditions of the country, based on results of a entrepreneurs survey, using quantitative indicators that allow an unambiguously interpretation of the changes. The methodology designed and implemented by the authors regarding the approach to the evaluation of the business environment is briefly presented. Emphasis is placed on the results of evaluation of the business environment: the main trends and its determining factors. It was revealed the opinion of entrepreneurs regarding the changing in business environment during the period 2011-2013 and the forecast for 2013-2015. The main conclusions, including the possibilities of using the obtained results are also presented

Suggested Citation

  • Alexandru STRATAN & Elena ACULAI & Natalia VINOGRADOVA, 2015. "Assessment Of The Business Environment In The Republic Of Moldova: Key Trends And Determining Factors," Economy and Sociology, The Journal Economy and Sociology, issue 1, pages 19-30.
    • Handle: RePEc:aat:journl:y:2015:i:1:p:19-30
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    References listed on IDEAS

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    1. World Bank & International Finance Corporation, "undated". "Doing Business in Italy 2013 : Smarter Regulations for Small and Medium-Size Enterprises," World Bank Publications - Reports 13331, The World Bank Group.
    2. International Finance Corporation & World Bank, 2013. "Doing Business 2013 : Smarter Regulations for Small and Medium-Size Enterprises [Regulaciones inteligentes para las pequeñas y medianas empresas : resumen ejecutivo (Vol. 2)]," World Bank Publications - Books, The World Bank Group, number 11857, April.
    3. World Bank & International Finance Corporation, 2013. "Doing Business 2014 : Understanding Regulations for Small and Medium-Size Enterprises," World Bank Publications - Books, The World Bank Group, number 16204, April.
    4. Vladimir Dubrovskiy & Oleg Ustenko, 2005. "Business Climate in CIS Countries," CASE Network Studies and Analyses 0307, CASE-Center for Social and Economic Research.
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    Cited by:

    1. Elena ACULAI & Lidia MAIER & Alexandra NOVAC, 2017. "The Use Of International Rankings For Business Development Policy Evaluation In The Republic Of Moldova," ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal, Socionet;Complexul Editorial "INCE", issue 1-2, pages 54-64.

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