Economie agro-alimentară și dezvoltare rurală
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Item 20 years of operation of the agricultural land market in the Republic of Moldova: achievements and perspectives(2022) Bajura, Tudor; Zubco, EfimBeing at the stage of 20 years of operation, the agricultural land market in the Republic of Moldova collided with several socio-economic problems, which limited (partially) the dynamic development of this market. Although in the process of identifying the market prices of agricultural land in the Republic of Moldova, different evaluation methods are widely used, the method, based on comparable prices, is the preferable one, the most often used. At the same time, this method is the most dependent on the stability of the purchasing power of the national currency - the Moldovan lei. The sudden increase in the level of inflation in the last two years has disorientated the participants of the land market and negatively influenced both the number of transactions for the sale and purchase of agricultural land, as well as the area of land included in the market circuit. The deeper analysis of the current state, as well as the elaboration of reasoned recommendations, regarding overcoming the crisis situation on the agricultural land market in the Republic of Moldova, is the main purpose of this publication.Item Evaluarea obiectelor imobiliare la etapa de elaborare a proiectelor investiţionale(UASM, 2018) Bajura, Tudor; Zubco, EfimAccording to the local legislation in force, for valuation of real estate objects is expected to be applied: the comparative analysis of sales; the revenue method; the expenditure method. In reality, however, as the analysis shows, more than 95 percent of the valuation certificates are based on the comparative sales method and the cost method. At the same time, the revenue method, based on future (updated) cash flows of each particular real estate object, is the most appropriate and most efficient methodological approach that can be used even at the design stage of the real estate object. Moreover, by using this method, each investment project can reflect the dynamics of the change in future market prices of the respective object for each particular year, which will allow the investor to become more successful in taking management decisions in the field of investment activity.Item Piaţa funciară autohtonă: primele 20 de ani de funcţionare(INCE, 2019) Bajura, Tudor; Zubco, EfimBeing at the stage of the first 20 years of operation, the land market in the Republic of Moldova has undergone radical changes regarding the structure of the transactions, the scientific argumentation of the calculation of the market price, the operability of carrying out transactions, etc. With the quite successful formation (in 2 decades) of a civilized fragment of the general market management mechanism, which serves as an economic basis for the development of the national economy as a whole, there have also been necessities of essential changes regarding the domestic legislative framework, regarding the regulation of land relations. It takes into account the urgent need to introduce in the national legislative acts some legal norms, which will provide limitation of the absolute size of the agricultural areas, which are in the private property of a single person, independently if a natural or legal person is considered.