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Perspectives For Development Agricultural Value Chains: A Path Towards Sustainability

Author

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  • STRATAN, Dumitru

    (Coordinator Researcher, National Institute for Economic Research, Academy of Economic Studies of Moldova, Republic of Moldova)

Abstract

The agricultural sector is a cornerstone of Moldova’s economy, accounting for over 13% of GDP and employing more than 30% of the workforce, especially within rural communities. However, the sector faces numerous challenges, including climate change, limited infrastructure, and market access barriers, which particularly affect smallholder farmers. This article examines the potential for developing Moldova’s agricultural value chains by analyzing various sub-sectors through economic, environmental, and social criteria. Key findings highlight promising opportunities in horticulture, medicinal and aromatic plants, and animal husbandry. These value chains show strong potential for sustainable growth through strategic interventions, such as enhanced processing infrastructure, cooperative farming, and expanded market access. The study recommends targeted support in finance, capacity building, and policy reforms to foster a competitive, resilient agricultural sector in Moldova that can meet both local and international market demands. The article was developed within the framework of Subprogram 030101 „Strengthening the resilience, competitiveness, and sustainability of the economy of the Republic of Moldova in the context of the accession process to the European Union”, institutional funding.

Suggested Citation

  • STRATAN, Dumitru, 2024. "Perspectives For Development Agricultural Value Chains: A Path Towards Sustainability," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 12(1), pages 265-270, October.
  • Handle: RePEc:vls:rojfme:v:12:y:2024:i:1:p:265-270
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    More about this item

    Keywords

    Agricultural value chains; sustainability; horticulture; medicinal plants; animal husbandry; economic development; infrastructure; cooperative farming;
    All these keywords.

    JEL classification:

    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

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