Although Moldova is ‘moderately free’ for economic freedom, Russia’s influence over the country’s affairs creates instability. Recovery in remittances and higher farming yields are expected to boost the economy, but reliance on agriculture is substantial. The population is shrinking and ageing rapidly, which reduces the consumer market’s appeal, whilst poverty is on the rise. The technology sector could benefit from the presence of the IT Park, but innovation potential could be improved.
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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.
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