Growth Prospects for Agricultural Production Sector in Moldova Republic

Moldova is one of the countries with significant potential in agriculture, one of the largest areas and farmland as a share of total land, 75% against the European average of 45%, but is among the last places in terms of view of efficiency of agricultural production and agricultural area. However, further development of Moldova is closely linked to the development of the agricultural sector. For this reason, the sector agrarian becomes a matter of national interest. The transformation of agriculture into year engine of economic growth is vital for the free movement of Moldova when agricultural products and the effects of globalization, competitiveness and efficiency will be sustainable key factors of economic growth of the agricultural sector. Ensuring medium and long-term performance of the agricultural sector requires the adoption of effective economic policy tools to allow management and the existing potential in agriculture, which increase agricultural output and sustainable development in the competitive environment. The importance of the researched subject growth prospects for agricultural production sector in Moldova Republic is particularly high, because the theme is subjected to a thorough scientific research, applying a range of methods economic-statistical is necessary to emphasize in this context a major issue is alternatives sector funding in terms of limited budget resources: the current needs of manufacturing activity or the creation and strengthening competitive agricultural growth assumptions. (C) 2016 Published by Elsevier B.V.