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Analysis of Recent Growth in Low-Income CIS Countries, Elena Loukoianova, Anna Unigovskaya

Abstract
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
Table Of 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""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (40 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9780145270582

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