러시아ㆍ유라시아
연구정보
[경제] Moldova - Country Economic Memorandum : Achieving the European Union’s standard of living within a generation
몰도바 국외연구자료 연구보고서 - World Bank 발간일 : 2023-06-29 등록일 : 2023-07-23 원문링크
Two decades of strong economic growth have improved standards of living. Between 2000 and 2021, per capita GDP expanded at an average annual pace of almost 5 percent, helping Moldova reach about 15 percent of the EU average per capita GDP1 from about 3 percent in the early 2000s. In this period, labor productivity almost tripled resulting in a substantial reduction in poverty, from close to a staggering 90 percent in 2000 to just above 10 percent by 2021. As a result, Moldova has transitioned from a low-income country to an upper middle-income country. The strong growth was driven by a sixfold increase in output per worker in agriculture which led to a movement of abundant workers from agriculture to low-skill manufacturing and services sectors, as employment in agriculture declined from 19.5 percent in 2004 to 5.5 percent in 2021. This sectoral reallocation was a key driver of economic growth as the average labor productivity in the low-skill manufacturing and services sectors absorbing these workers such as trade, transport, or personnel services was still higher at the time. Given the strong catch-up of agriculture productivity , however, workers’ productivity has become more similar across sectors, eliminating the past source of growth from structural change.
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| 이전글 | [경제] Ukraine Index | 2023-07-23 |
|---|---|---|
| 다음글 | [교육] Tajikistan - Higher Education Project | 2023-07-23 |
