TRADE VULNERABILITY OF THE REPUBLIC OF MOLDOVA

In the last decades we have witnessed an unparalleled level of economic openness and trade liberalization, the effects of which have been largely positive. But economic openness has also made countries more vulnerable to shocks that occur outside its economy. With exports representing a substanti...

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Main Author: Mircea DIAVOR
Format: Article
Language:English
Published: Academy of the Economic Studies of Moldova 2017-06-01
Series:Economica
Subjects:
Online Access:http://irek.ase.md/xmlui/bitstream/handle/123456789/276/Diavor_M_ec_2017_1.pdf?sequence=1&isAllowed=y
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author Mircea DIAVOR
author_facet Mircea DIAVOR
author_sort Mircea DIAVOR
collection DOAJ
description In the last decades we have witnessed an unparalleled level of economic openness and trade liberalization, the effects of which have been largely positive. But economic openness has also made countries more vulnerable to shocks that occur outside its economy. With exports representing a substantial portion of GDP, especially for developing and transitioning economies, countries have become dependent on exports. Therefore external economic shocks can have a big impact on economies, but not all countries are equally vulnerable. Export concentration and diversification indexes help us determine which countries are most vulnerable to shocks.
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spelling doaj.art-cabed9bdfa5b42f19851b4df61d4c9482022-12-21T22:38:49ZengAcademy of the Economic Studies of MoldovaEconomica1810-91361810-91362017-06-01199135145TRADE VULNERABILITY OF THE REPUBLIC OF MOLDOVAMircea DIAVOR0ASEM In the last decades we have witnessed an unparalleled level of economic openness and trade liberalization, the effects of which have been largely positive. But economic openness has also made countries more vulnerable to shocks that occur outside its economy. With exports representing a substantial portion of GDP, especially for developing and transitioning economies, countries have become dependent on exports. Therefore external economic shocks can have a big impact on economies, but not all countries are equally vulnerable. Export concentration and diversification indexes help us determine which countries are most vulnerable to shocks.http://irek.ase.md/xmlui/bitstream/handle/123456789/276/Diavor_M_ec_2017_1.pdf?sequence=1&isAllowed=yvulnerabilityexport concentrationdiversificationeconomic shock
spellingShingle Mircea DIAVOR
TRADE VULNERABILITY OF THE REPUBLIC OF MOLDOVA
Economica
vulnerability
export concentration
diversification
economic shock
title TRADE VULNERABILITY OF THE REPUBLIC OF MOLDOVA
title_full TRADE VULNERABILITY OF THE REPUBLIC OF MOLDOVA
title_fullStr TRADE VULNERABILITY OF THE REPUBLIC OF MOLDOVA
title_full_unstemmed TRADE VULNERABILITY OF THE REPUBLIC OF MOLDOVA
title_short TRADE VULNERABILITY OF THE REPUBLIC OF MOLDOVA
title_sort trade vulnerability of the republic of moldova
topic vulnerability
export concentration
diversification
economic shock
url http://irek.ase.md/xmlui/bitstream/handle/123456789/276/Diavor_M_ec_2017_1.pdf?sequence=1&isAllowed=y
work_keys_str_mv AT mirceadiavor tradevulnerabilityoftherepublicofmoldova