IDEAS home Printed from https://ideas.repec.org/a/ddj/fseeai/y2023i3p203-209.html
   My bibliography  Save this article

Impact of Free Zones on Economic Performance: A Case Study of the Republic of Moldova

Author

Listed:
  • Alexandru GHENCEA

    (Dunarea de Jos University of Galati, Romania)

  • Vitalii ZANET

    (Dunarea de Jos University of Galati, Romania)

  • Silvius STANCIU

    (Dunarea de Jos University of Galati, Romania)

Abstract

The development of the free market economy, industrial and production globalization, the development of new forms of trade and the introduction of special facilities in special areas led to an economic boost. FEZs can cover various types of economic activities, depending on government policy and specific objectives for each goal, being created to stimulate industrial production and manufacturing of goods. According to the official information on the website of the Ministry of Economic Development and Digitalization, there are 7 FEZs operating in the Republic of Moldova in 2023. In 2022 the increase in income, as a continuity effect in the national economy, in the 7 economic zones operating on the national territory, constituted approximately 663 million US dollars. The biggest share of investments was made in the FEZ "Bălți" - the amount of investments 281.64 million US dollars. During the years 2009-2022, in the FEZ, the positive evolution of the investment growth rate indicator was recorded by 37.6%. The study is preliminary, being the basis of complex research, which will be developed within the doctoral training program.

Suggested Citation

  • Alexandru GHENCEA & Vitalii ZANET & Silvius STANCIU, 2023. "Impact of Free Zones on Economic Performance: A Case Study of the Republic of Moldova," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 203-209.
    • Handle: RePEc:ddj:fseeai:y:2023:i:3:p:203-209
    DOI: 10.35219/eai15840409380
    as

    Download full text from publisher

    File URL: http://eia.feaa.ugal.ro/images/eia/2023_3/Ghencea_Zanet_Stanciu.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.35219/eai15840409380?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Silvius STANCIU, 2016. "The Foreign Direct Investment In The Romanian Agrifood Production," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 11, pages 289-297, July.
    2. Aradhna Aggarwal, 2005. "Performance of export processing zones: a comparative analysis of India, Sri Lanka and Bangladesh," Indian Council for Research on International Economic Relations, New Delhi Working Papers 155, Indian Council for Research on International Economic Relations, New Delhi, India.
    3. Mihaela Munteanu Pila & Silvius Stanciu, 2019. "Doing Business in Moldova. Case Study: Analysis of the Agri-food Sector," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 201-205.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nicolae Mocanu & Mihaela Pila & Silvius Stanciu, 2024. "Understanding Food Consumption Patterns: An Analysis of Regional Disparities and Socio-Economic Factors in Moldova," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 125-131.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Moberg, Lotta, 2015. "The political economy of special economic zones," Journal of Institutional Economics, Cambridge University Press, vol. 11(1), pages 167-190, March.
    2. Susanne A. Frick & Andrés Rodríguez-Pose, 2023. "What draws investment to special economic zones? Lessons from developing countries," Regional Studies, Taylor & Francis Journals, vol. 57(11), pages 2136-2147, November.
    3. Daniela Lavinia BALASAN & Florin Marian BUHOCIU & Laura Delia ANGHELUTA, 2020. "Stage of Research on Rural Development in Region 2SE in Correlation with Labour Force Development," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 112-121.
    4. Gladys Lopez-Acevedo & Raymond Robertson, 2016. "Apparel in South Asia," World Bank Publications - Reports 25117, The World Bank Group.
    5. Farole, Thomas & Moberg, Lotta, 2014. "It worked in China, so why not in Africa? The political economy challenge of Special Economic Zones," WIDER Working Paper Series 152, World Institute for Development Economic Research (UNU-WIDER).
    6. Andrés Rodríguez‐Pose & Federico Bartalucci & Susanne A. Frick & Amelia U. Santos‐Paulino & Richard Bolwijn, 2022. "The challenge of developing special economic zones in Africa: Evidence and lessons learnt," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(2), pages 456-481, April.
    7. Glenn P. Jenkins & Abdallah Othman & Edna Armendariz & Anastasiya Yarygina, 2025. "Systematic Review Of Evidence On The Impact Of Tax Incentives In Latin American And Caribbean Countries," Development Discussion Papers 2025-05, JDI Executive Programs.
    8. Saira Naeem & Abdul Waheed & Muhammad Naeem Khan, 2020. "Drivers and Barriers for Successful Special Economic Zones (SEZs): Case of SEZs under China Pakistan Economic Corridor," Sustainability, MDPI, vol. 12(11), pages 1-18, June.
    9. Jean-Marc Siroën & Ayçil Yücer, 2014. "Trade Performance of Free Trade Zones," Working Papers DT/2014/09, DIAL (Développement, Institutions et Mondialisation).
    10. Balasan Daniela – Lavinia & Buhociu Florin – Marian & Susanu Irina Olimpia & Buhociu Dragos – Horia, 2021. "Increasing the Competitiveness of the South East Region in Rural Areas Through Innovative Labor Entrepreneurship Based on Digitalisation," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 386-392.
    11. Silvius Stanciu, 2024. "Foreign Direct Investment in Romania: Impact on the Agro-Food Sector," Journal of Agriculture and Rural Development Studies, "Dunarea de Jos" University of Galati, Doctoral Field Engineering and Management in Agriculture and Rural Development, issue 1, pages 5-17.
    12. Rodríguez-Pose, Andrés & Frick, Susanne & Wong, Michael D., 2018. "Towards economically dynamic Special Economic Zones in emerging countries," CEPR Discussion Papers 12840, C.E.P.R. Discussion Papers.
    13. Kaminski, Bartlomiej & Ng, Francis, 2013. "Increase in protectionism and its impact on Sri Lanka's performance in global markets," Policy Research Working Paper Series 6512, The World Bank.
    14. Triyakshana Seshadri, 2012. "An Analysis of the Feasibility of Private Land Assembly for Special Economic Zones in India," Urban Studies, Urban Studies Journal Limited, vol. 49(10), pages 2285-2300, August.
    15. Malini L. Tantri, 2011. "Trade Performance of SEZs in India," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 5(2), pages 267-288, May.
    16. Malini L. Tantri, 2012. "Did the metamorphosis from Export Processing Zones to Special Economic Zones improve the efficiency of trade enclaves in India?," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 15(4), pages 321-337, December.
    17. Ravi Ratnayake & Rajan Sudesh Ratna & Martina Francesca Ferracane & Yann Duval (ed.), 2014. "Impacts of trade facilitation measures on poverty and inclusive growth: Case studies from Asia," ARTNeT Books and Research Reports, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), number brr14.
    18. World Bank Group, 2017. "Special Economic Zones," World Bank Publications - Reports 29054, The World Bank Group.
    19. Wang, Jin, 2013. "The economic impact of Special Economic Zones: Evidence from Chinese municipalities," Journal of Development Economics, Elsevier, vol. 101(C), pages 133-147.
    20. Iuliana CONDULET & Simona Beatrice MANOLACHE & Mihaela PILA & Silvius STANCIU, 2023. "Ensuring Food Safety: Legislation, Recalls, Withdrawals, and Consumer Protection Measures in Romania," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 210-216.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ddj:fseeai:y:2023:i:3:p:203-209. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gianina Mihai (email available below). General contact details of provider: https://edirc.repec.org/data/fegalro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.