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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Format: | Article |
Language: | English |
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Academy of the Economic Studies of Moldova
2017-06-01
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Series: | Economica |
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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. |
first_indexed | 2024-12-16T07:53:14Z |
format | Article |
id | doaj.art-cabed9bdfa5b42f19851b4df61d4c948 |
institution | Directory Open Access Journal |
issn | 1810-9136 1810-9136 |
language | English |
last_indexed | 2024-12-16T07:53:14Z |
publishDate | 2017-06-01 |
publisher | Academy of the Economic Studies of Moldova |
record_format | Article |
series | Economica |
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 |