The Problems of Economy Integration of the Republic of Moldova in the European Union System

Author:Gheorghe Rusu, Mihai Bumbu
Pages:466-471
SUMMARY

The fundamental problem of integration of Moldova in the EU is the faster growth of the national economy than the European one, creating an appropriate financial basis, avoiding poverty and increasing the life quality. The strategy and policies of growth and association of Moldova in the EU was not based on modern economic scientific theories. As a result, the economic development has been... (see full summary)

 
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European Integration - Realities and Perspectives. Proceedings 2015
466
The Problems of Economy Integration of the Republic of Moldova
in the European Union System
Gheorghe Rusu1, Mihai Bumbu2
Abstract: The fundamental problem of integration of M oldova in the EU is the faster growth of the national
economy than th e European one, creating an appropriate financial basis, avoiding poverty and increasing th e
life q uality. The strategy and policies of growth and association of Moldova in the EU was not based on
modern economic scientific theories. As a result, the econo mic development has been carried out primarily on
the wrong d octrine and increasing policy and wrong economic integration, based, primary, o n social
consumption, which has not given a positive effect of European association expected from the reforms
implemented in recent years. In the article it is proposed a new approach of economic development and
association of Moldova, namely: the main emphasis to be stressed on focusing the investments for primary
development of the exporting agro-industrial sector, by strengthening and supporting by the EU of the
research and development activity in this field, by innovation and technical transfer oriented to competitive
agro-industrial production for export. Achieving these p riorities considerably will increase the p otential of
local economic integration in the EU and will get out the economy from decline, creating a solid economic
basis for reducing the poverty.
Keywords: European association and integration; agro-industry; export; economic imbalance; investments
Introduction
The theoretical foundation of social-economic policy of association and integration of the Republic of
Moldova in the European family was the doctrine of economic integration and growth based on
consumption and operated by remittances primarily from the countries of the European Union and
Russia. This paradigm has led, in the process of European integration and association, to fast increase
of non-productive expenditures, including social ones, supported by the Government of the Republic
of Moldova and to increase the tax burden towards the economic growth and domestic economic
potential and the diminish of association rhythm and European integration. Finally, the social-
economic potential of integration essential was reduced towards the European. As a result, gradually
worsened the problem of association and integration of the economy of Republic of Moldova due to
the economic and social imbalances, market expansion and deepening the social -economic crisis. All
1 Professor, PhD, Moldova State University, Republic of Moldova, Address: 60 Alexei Mateevici Str., Chisinăau 2009,
Republic of Moldova, Tel.: 022-222-053, Corresponding author: rusu.48@mail.ru.
2 PhD Student, Moldova State University, Republic of Moldova, Address: 60 Alexei Mateevici Str., Chisinăau 2009,
Republic of Moldova, Tel.: 022-222-053, E-mail: bumbu_mihai@mail.ru.

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