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Moldova - Joint IDA-IMF Staff Advisory Note on the Poverty Reduction Strategy Paper (National Development Strategy : Moldova 2020) 2012-2020 (English)

This Joint Staff Advisory Note (JSAN) reviews the Republic of Moldova's Poverty Reduction and Growth Strategy Paper (PRSP) covering the years 2012-2020. The PRSP follows Moldova's National Development Strategy (NDS) focusing on seven national development priorities: (i) Aligning the education system to labor market needs in order to enhance labor productivity and increase employment in the economy; (ii) Increasing public investment in national and local road infrastructure; (iii) Reducing financing costs by increasing competition in the financial sector and developing risk management tools; (iv) Improving the business climate; promoting competition policies, streamlining the regulatory framework and applying information technologies in public services for business and citizens; (v) Reducing energy consumption by increasing energy efficiency and using renewable energy sources; (vi) Ensuring financial sustainability of the pension system in order to secure an appropriate rate of wage replacement; (vii) Increasing quality and efficiency fighting corruption to ensure equitable access to public goods. The Bank and Funds staff believe the NDS provides a good basis for inclusive growth in Moldova, but that implementation will be key. Particular attention will be given to the relation between the new NDS and existing national and sectorial strategies.

Details

  • Document Date

    2013/08/01

  • Document Type

    Poverty Reduction Strategy Paper (PRSP)

  • Report Number

    80050

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Moldova,

  • Region

    Europe and Central Asia,

  • Disclosure Date

    2013/08/28

  • Disclosure Status

    Disclosed

  • Board Meeting Date

    2012-08-01T00:00:00Z

  • Doc Name

    Moldova - Joint IDA-IMF Staff Advisory Note on the Poverty Reduction Strategy Paper (National Development Strategy : Moldova 2020) 2012-2020

  • Keywords

    Labor Market;base case;Agriculture Input and Output Market;secondary vocational education;situation analysis;Higher Education;access to finance;business environment;civil service management reform;quality of drinking water;quality of public service;vulnerability to climate change;quality health care;quality of health care;efficiency of public spending;Tax Policy and Administration;external terms of trade;renewable energy source;purchasing power parity;factor of production;development paradigm;Fiscal Sustainability;Research and Innovation;increasing energy efficiency;public investment management;quality of product;Sustainable Economic Development;risk management tool;reduction of poverty;quality and efficiency;regional poverty line;quality of education;vocational education system;higher education institution;reducing energy consumption;national economy;Financial Sector;labor productivity;current account deficit;healthy life expectancy;public debt sustainability;allocation of capital;prudent fiscal policy;foreign direct investment;flow of remittance;efficiency and quality;private sector partnership;gdp growth rate;lifelong learning concept;quality of job;inflation targeting regime;distribution of welfare;population at risk;economic growth rate;Public Administration Reform;labor market demand;medium-term expenditure framework;annual budget law;accumulation of capital;term capital;economic growth forecast;technical education institution;international corporate governance;development in university;education and health;increase in capital;health for all;equity in health;good investment climate;Principles and Criteria;general secondary education;health system efficiency;environmental protection measures;transfer of knowledge;colleges and university;national poverty rate;decline in poverty;economic development paradigm;stock of capital;consumption of energy;decline in remittance;unit labor;unit of labor;private external debt;access to culture;labor force demand;import of goods;quality public service;global economic crisis;high growth rate;Rule of Law;secondary school network;local public administration;development partner;labor market analysis;quality preschool education;public service delivery;labor market outcome;alleviation of poverty;justice sector reform;pension system;financial sustainability;improved service delivery;labor market policy;social accountability mechanism;social security policy;Business Climate;european integration;Macroeconomic Stability;road sector;fight corruption;extreme poverty;positive impact;inclusive growth;professional skill;public good;equitable access;Public Goods;financing cost;clear rules;transportation cost;young people;Health Service;Public Services;professional training;promoting competition;sectoral strategy;pension pillar;contribution period;food safety;Education Policy;Young Workers;banking sector;pension reform;legal framework;export industry;Energy Sector;replacement rate;productivity growth;university education;monitoring indicator;increase productivity;unemployment rate;Labor migration;pension scheme;financial system;beneficial impact;savings mobilization;increased revenue;food product;competitive behavior;public health;court system;personal security;public finance;policy priority;agricultural produce;soil management;land market;justice system;agricultural education;Justice Systems;political will;judicial profession;agricultural output;high volatility;climate hazard;efficiency improvement;Investment Flow;investor confidence;financial statement;clean environment;audit oversight;road maintenance;tax assessment;Financial Stability;financial reporting;legal reform;governance challenge;cash planning;state intervention;Education Quality;interpersonal relationship;Social Welfare;management control;financial market;sectoral expenditure;good health;potential investor;comparative advantage;healthy lifestyle;premature mortality;market mechanism;social inclusion;budget reform;health determinant

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Citation

Moldova - Joint IDA-IMF Staff Advisory Note on the Poverty Reduction Strategy Paper (National Development Strategy : Moldova 2020) 2012-2020 (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/192891468054247731/Moldova-Joint-IDA-IMF-Staff-Advisory-Note-on-the-Poverty-Reduction-Strategy-Paper-National-Development-Strategy-Moldova-2020-2012-2020