Analysis of Recent Growth in Low-Income CIS Countries /

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...

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Detalhes bibliográficos
Autor principal: Loukoianova, Elena
Outros Autores: Unigovskaya, Anna
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2004.
Colecção:IMF Working Papers; Working Paper ; No. 2004/151
Acesso em linha:Full text available on IMF
Descrição
Resumo: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.
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Descrição Física:1 online resource (39 pages)
Formato:Mode of access: Internet
ISSN:1018-5941
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