
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. 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 Elena Loukoianova, Anna Unigovskaya. Description Based Upon Print Version Of Record. Includes Bibliographical References. English
Page Count:
0
Publication Date:
2004-01-01
ISBN-10:
1451902182
ISBN-13:
9781451902181
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