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Analysis of Recent Growth in Low-Income CIS Countries / Elena Loukoianova, Anna Unigovskaya.
- Format:
- Book
- Government document
- Author/Creator:
- Loukoianova, Elena.
- Series:
- IMF Working Papers; Working Paper ; No. 2004/151
- IMF Working Papers
- Language:
- English
- Subjects (All):
- Commonwealth of Independent States. Economic policy.
- Commonwealth of Independent States.
- Physical Description:
- 1 online resource (40 p.)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2004.
- Language Note:
- English
- 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.
- 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""
- Notes:
- Description based upon print version of record.
- Includes bibliographical references.
- Description based on online resource; title from PDF cover (ebrary, viewed July 3, 2015).
- ISBN:
- 9786613803313
- 9781462354924
- 1462354920
- 9781452705811
- 145270581X
- 9781282110427
- 128211042X
- 9781451902181
- 1451902182
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