Assessing the Economic Resilience of the Republic of Moldova in the Context of Recent Security Threats

The report provides an in-depth evaluation of Moldova’s capacity to adapt to crises such as the COVID-19 pandemic, the energy crisis, and geopolitical tensions resulting from Russia’s war in Ukraine. It examines Moldova’s position as a small, open economy with significant exposure to external shocks, highlighting vulnerabilities in energy imports, trade imbalances, and political stability. Key topics include Moldova’s shift toward European integration, with milestones such as EU candidate status and expanded trade relations, which have helped reduce reliance on Russia. The report analyzes macroeconomic trends, financial sector stability, and energy dependency, identifying progress in institutional reforms and external support mechanisms that have bolstered the economy. However, ongoing challenges remain, such as inflation, fiscal deficits, and the unresolved Transnistria conflict, requiring targeted policy reforms and sustainable strategies for long-term resilience