The Association Policies and Economic Integration of the Republic of Moldova into the EU and their Alternatives

• Author: Gheorghe Rusu, Mihai Bumbu, Cernautanu Igor
• Pages: 267-276

Performance and Risks in the European Economy

267

The Association Policies and Economic Integration of the Republic of

Moldova into the EU and their Alternatives

Gheorghe Rusu1, Mihai Bumbu2, Cernăuţanu Igor3

Abstract: The policies and decisions of association and economic integration of the Republic of Moldova

into the European economic social system have a pseudo-scientific, contradictory, fragmentary character. The

implementation of these policies of association and European integration, beginning with the '90s and so far

were not based on the principles developed and promoted by the modern and current economic growth

theories and on the Association Agreement of the Republic of Moldova to the EU. All th ese actions of the

government has led to the stagnation of the process of association and national economic integration into the

EU, the deepening of instability and imbalances in the local economic system, to the increase of the level of

vulnerability and to social constraints in comparison with EU c ountries. The results of the economic policies

carried out in the years 2000 to 2015 confirms that from the point of view of social-economic development

and the level of Association and economic integration, the Republic of Moldova is found more in the

achievement of small and fragmented steps of conception of economic-financial integration instruments,

reflected in modern and current economic theories. These processe s have led to the inability of the State as to

define its own objectives and priorities of development and socio-economic integration, as well as legitimized

a continuous transition integration condition to the developed European economic market.

Keywords: association and economic integration; imbalances and balances; crisis; recession; competitiveness

of the national economy; sovereign risk; internal threat; Moldovan-European relations

Introduction

In this article is proposed a real change of the development policy and socio-economic integration of the

Republic of Moldova into the EU in perspective, namely: highlight and implementation in policies and decisions

of association and economic integration of the principles put forward by the neoclassic and neoconservative

synthesis theories. The association policies and economic integration promoted by these theories serve as basis

for monitoring and coordinating the strategy of Moldovan –European economic integration and a nticipation o f

imbalances and economic stabilization, in order to minimize the effects of global and regional crisis on the

Republic of Moldova, for adaptation of as sociation and integration policy to national socio-economic conditions.

It is also necessary to implement a system of actions to facilitate the i ntegration of productive consumption, of

the technical progress and the growth of labor productivity, as well as attracting f oreign investment in

interactionist priorities for innovation development of the country's economy. These assumptions arise from

scientific analysis of the conditions that contribute to the expansion of the economic recession in the Republic of

Moldova and from the study of main factors affecting the sustainable economic growth.

1 Professor, PhD, Moldova State University, Republic of Moldova, Address: 60 Alexe Mateevici Str., Chisinau, Republic of

Moldova, Tel.: 079400224, Corresponding author: rusu.48@mail.ru.

2 PhD Student, Moldova State University, Republic of Moldova, Address: 60 Alexe Mateevici Str., Chisinau, Republic of

Moldova, Tel.: 079111053, E-mail: bumbu_mihai@mail.ru.

3 Public Relations Manager, Moldova State University, Republic of Moldova, Address: 60 Alexe Mateevici Str., Chisinau,

Republic of Moldova, E-mail: rusu.48@mail.ru.