The Use Of International Rankings For Business Development Policy Evaluation In The Republic Of Moldova

The assessment of the business environment and its trends represents an important source of information for business development strategies and decision making by investors. International rankings, related to the assessment of the business environment, enable a qualitative comparison of the business development conditions in many countries. Therefore, the results of these rankings often serve as a basis for monitoring and improving the state policies at national and regional levels. The purpose of this article is to analyze the position of Moldova in international rankings, which reflect the business environment and to evaluate the advantages and constraints of using these rankings in the state entrepreneurship policy. The article includes: (i) the experience of using the international rankings in national strategies abroad and in Moldova; (ii) the assessment of Moldova’s position in the international rankings, which refer to business development; (iii) the identification of the advantages and constraints in using the international rankings for monitoring, evaluating and improving the state policy (on the example of Moldova). The research methodology is based on a comparative analysis of international rankings methods and results, as well as on a critical analysis of using the ratings in assessing the state policy