Description |
1 online resource (39 pages) |
Series |
IMF working paper, 2227-8885 ; WP/04/151 |
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IMF working paper ; WP/04/151.
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Contents |
""Contents""; ""I. INTRODUCTION""; ""II. RECENT GROWTH DEVELOPMENTS IN THE CIS-7 COUNTRIES""; ""III. DEMAND DECOMPOSITION: HAS GROWTH BEEN DRIVEN BY CONSUMPTION?""; ""IV. GROWTH ACCOUNTING""; ""V. GDP SECTORAL DECOMPOSITION""; ""VI. ECONOMETRIC ANALYSIS OF MAJOR GROWTH FACTORS""; ""VII. CONCLUSIONS""; ""Data Description and Data Issues""; ""REFERENCES"" |
Summary |
This paper analyzes factors that determine recent economic growth in the low-income countries of the Commonwealth of Independent States. 2 The main findings are as follows: (1) productivity gains in export-oriented sectors and expansion of exports may have become the main sources of growth in five of the seven CIS-7 countries, while in the early years of transition the output recovery was mainly driven by consumption; (2) economic growth has concentrated in agriculture and the raw material sectors, and, thus, is vulnerable to changes in external conditions; and (3) structural reforms matter for growth, which is consistent with previous research on growth in transition countries |
Bibliography |
Includes bibliographical references |
Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
Subject |
Economic policy
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Regions & Countries - Europe.
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History & Archaeology.
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Russia & Former Soviet Republics.
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Commonwealth of Independent States -- Economic policy
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Form |
Electronic book
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Author |
Unigovskaya, Anna, author.
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International Monetary Fund. Monetary and Financial Systems Department, issuing body.
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ISBN |
1451902182 |
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9781451902181 |
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9781451857061 |
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1451857063 |
ISSN |
2227-8885 |
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