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

Author

Listed:
  • Tatiana TROFIMOV
  • tatianatrofimov@yahoo.fr

    (Academy of Economic Studies of Moldavia, Moldavia)

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

Suggested Citation

  • Tatiana TROFIMOV & tatianatrofimov@yahoo.fr, 2011. "Competition – An Important Factor For Development And Regulation Of The Economy Of Republic Moldova," Proceedings of the International Conference Investments and Economic Recovery, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(1), pages 307-310, December.
  • Handle: RePEc:rom:efinvm:v:10:y:2011:i:1:p:307-310
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