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Author Alturki, Fahad.

Title How Russia affects the neighborhood : trade, financial, and remittance channels / Fahad Alturki, Jaime Espinosa-Bowen, and Nadeem Ilahi
Published [Washington, D.C.] : International Monetary Fund, [2009]
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Description 26 pages : illustrations ; 28 cm
Series IMF working paper ; WP/09/277
IMF working paper ; WP/09/277
Summary We test the extent to which growth in the 11 CIS countries (excluding Russia) was associated with developments in Russia, overall, as well as through the trade, financial and remittance channels over the last decade or so. The results point to the continued existence of economic links between the CIS countries and Russia, though these links may have altered since the 1998 crisis. Russia appears to influence regional growth mainly through the remittance channel and somewhat less so through the financial channel. There is a shrinking role of the trade (exports to Russia) channel. Russian growth shocks are associated with sizable effects on Belarus, Kazakhstan, Kyrgyz Republic, Tajikistan, and, to some extent, Georgia
Notes Title from cover
"December 2009"--P. [2]
Bibliography Includes bibliographical references (25-26)
Notes Also available via the World Wide Web
Subject Finance -- Russia (Federation) -- Econometric models.
Finance -- Former Soviet republics -- Econometric models.
Emigrant remittances -- Russia (Federation) -- Econometric models.
Emigrant remittances -- Former Soviet republics -- Econometric models.
Russia (Federation) -- Commerce -- Econometric models.
Former Soviet republics -- Commerce -- Econometric models.
Form Electronic book
Author Espinosa-Bowen, Jaime.
Ilahi, Nadeem.
International Monetary Fund.