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Changes in the international wine trade and policies for the promotion of moldovan wines

Author

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  • Johnbull Ugbo

    (PhD student, University of Political and Economic Studies “C. STERE”, Republic of Moldova)

Abstract

From an economic perspective, the COVID-19 crisis has been an exogenous shock to most local and international markets. Due to the COVID-19 pandemic, physical separation (or social distancing) to prevent the spread of the virus has led to feelings of isolation and loneliness, increasing the prevalence of depression, anxiety, post-traumatic stress disorders, and insomnia in the population. However, during the lockdown, technological devices have provided a way for people to maintain social connections with friends, family, their social networks, and/or the wider community. This article analyzes the changes on the international wine market and estimates the exports of Moldovan wine, especially in the neighboring region, which includes Romania, Ukraine and Bulgaria to Nigeria, considered a new market and characterized by the lack of traditions in wine consumption.

Suggested Citation

  • Johnbull Ugbo, 2022. "Changes in the international wine trade and policies for the promotion of moldovan wines," Economics, Sciendo, vol. 10(2), pages 77-94, December.
    • Handle: RePEc:vrs:econom:v:10:y:2022:i:2:p:77-94:n:4
    DOI: 10.2478/eoik-2022-0013
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    More about this item

    Keywords

    international wine trade; Moldovan wines; policies for the promotion;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • F00 - International Economics - - General - - - General
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement

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