Moldova’s Economic Growth in a Post-Soviet Context

Moldova's post-Soviet transition raises the question of how institutions, trade patterns, and macroeconomic fundamentals interact to shape growth. Studies comparing Eastern Bloc peers trace Moldova's export pivot from Russia toward Romania and other EU members. Moldova's EU-oriented policies, particularly the 2016 Deep and Comprehensive Free-Trade Agreement, have accelerated regulatory harmonization and opened product markets, yet the pace remains uneven. This article applies stepwise linear regression to cross-sectional data from a sample of European countries—including former Eastern Bloc states and current EU members—to identify key predictors of real GDP per capita in 2022 and 2023. Moldova's shift in trade toward the EU is situated within this broader regional comparison. The analysis finds that corruption control has the strongest positive association with income, while Soviet-era institutional legacies and elevated government spending are linked to lower performance. Findings emphasize the centrality of governance reform in Moldova's development trajectory.

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Publication Details

Journal
Journal of Eastern European and Central Asian Research (JEECAR)
Published
2025-12-07
DOI
https://doi.org/10.15549/jeecar.v12i2.2140
Primary Topic
Post-Soviet Geopolitical Dynamics
Type
article
Field-Weighted Citation Impact
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article

Moldova’s Economic Growth in a Post-Soviet Context

Kristin Stowe, Kevin Rusu
Journal of Eastern European and Central Asian Research (JEECAR)
Post-Soviet Geopolitical Dynamics
article

Moldova’s Economic Growth in a Post-Soviet Context

Kristin Stowe, Kevin Rusu
article en

Abstract

Moldova's post-Soviet transition raises the question of how institutions, trade patterns, and macroeconomic fundamentals interact to shape growth. Studies comparing Eastern Bloc peers trace Moldova's export pivot from Russia toward Romania and other EU members. Moldova's EU-oriented policies, particularly the 2016 Deep and Comprehensive Free-Trade Agreement, have accelerated regulatory harmonization and opened product markets, yet the pace remains uneven. This article applies stepwise linear regression to cross-sectional data from a sample of European countries—including former Eastern Bloc states and current EU members—to identify key predictors of real GDP per capita in 2022 and 2023. Moldova's shift in trade toward the EU is situated within this broader regional comparison. The analysis finds that corruption control has the strongest positive association with income, while Soviet-era institutional legacies and elevated government spending are linked to lower performance. Findings emphasize the centrality of governance reform in Moldova's development trajectory.

Journal of Eastern European and Central Asian Research (JEECAR)Vol. 12(2)
Wingate University (US)
Openalex Percentile: Top 57%
Post-Soviet Geopolitical Dynamics
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