The economic prospects of the CIS : sources of long term growth = Economic prospects of the Commonwealth of Independent States

This book brings together ten original studies on the transition and growth experience and the foundations for long-term growth of the newly independent states created by the dissolution of the Soviet Union. Beginning with an overview of the common pre-1992 background and comparative information on the post-1992 performance of the Commonwealth of Independent States (CIS) countries, the authors continue by reviewing the Soviet background and post-independence experience. They then emphasize both the uniformity and diversity of the twelve CIS countries’ recent history. The problem of explaining economic growth in transition economies is also explored, and individual in-depth country studies are presented. The contributors to the book are a combination of in-country researchers with in-depth local knowledge and access to data, and international economists with technical expertise and experience of long-term growth in other countries. This approach ensures the book’s appeal to academics and researchers of economic growth, transition and comparative economics. Economists assigned to the region or any individual CIS country will find the analysis invaluable. This book brings together ten original studies on the transition and growth experience and the foundations for long-term growth of the newly independent states created by the dissolution of the Soviet Union.Beginning with an overview of the common pre-1992 background and comparative information on the post-1992 performance of the Commonwealth of Independent States (CIS) countries, the authors continue by reviewing the Soviet background and post-independence experience. They then emphasise both the uniformity and diversity of the twelve CIS countries'recent history. The problem of explaining economic growth in transition economies is also explored, and individual in-depth country studies are presented.The contributors to the book are a combination of in-country researchers with in-depth local knowledge and access to data, and international economists with technical expertise and experience of long-term growth in other countries. This approach ensures the book's appeal to academics and researchers of economic growth, transition and comparative economics. Economists assigned to the region or any individual CIS country will find the analysis invaluable. Contents......Page 5 Abbreviations......Page 7 Contributors......Page 10 Preface and acknowledgments......Page 13 1. Introduction......Page 15 2. Down and up the stairs: paradoxes of Russian economic growth......Page 46 3. Transition and growth in Belarus......Page 71 4. Ukraine: the lost decade . . . and the coming boom?......Page 90 5. Barriers to growth in Moldova......Page 115 6. Explaining growth in Armenia: the pivotal role of human capital......Page 142 7. Turkmenistan: economic autocracy and recent growth performance......Page 168 8. The Uzbek paradox: progress without neo-liberal reform......Page 191 9. Tajikistan’s growth performance: the first decade of transition......Page 212 10. Economic growth in Kyrgyzstan......Page 238 11. Natural resources and economic growth in Kazakhstan......Page 263 12. Conclusions......Page 282 References......Page 290 Index......Page 303 Argues that the long-term growth prospects of the CIS countries will depend more upon the speed with which they are able to build a new institutional system, rather than on their ability to collect enough resources or technological innovation. Suggests that the early debates about gradual versus "fast track" transition were simplistic, and that building new institutions, both formal and informal, and making them work together, is a long process. Concludes with the prediction that those states which are better at meeting this institutional challenge will have higher and more sustainable growth, and that the global economy will magnify the results Bound by a common analytic framework, these ten country studies are the result of a comparative, collaborative research project on ''Understanding Growth'' organized by the Global Development Network Includes bibliographical references and index.Electronic reproduction.Boulder, Colo. :NetLibrary,2004.Available via World Wide Web.Access may be limited to NetLibrary affiliated libraries.