ANALYSIS OF THE AGRI-FOOD SECTOR OF THE REPUBLIC OF MOLDOVA IN THE EQUATION MODEL OF GROWTH AND DEVELOPMENT OF THE FOREIGN ECONOMIC RELATIONS
Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 13 ISSUE 2
Written by Boris CORETCHI, Alexandru GRIBINCEA
Republic of Moldova is a country with favorable conditions for agricultural development. In no other country in the world the chernozems (black soils) occupy up to 80% of the agricultural land. However the performance of the agricultural sector of the Republic of Moldova records a low level compared to other countries. The lack of competitiveness is reflected by low productivity, low economic growth, the fact that agriculture and food industry fail to keep pace with the increasing demand for food, determined by rapid overall economic growth and inability to cope with foreign competition, especially the one from European Union. In order to renovate the agricultural sector and enhance the competitiveness of its products it is necessary to pay special attention to the production of organic agricultural products which recently recorded an increasing demand both nationally and internationally.