Macroeconomic Results of 20 Years of Transformation in CIS Countries: The Role of Investments

The last more than 20 years of economic transition in CIS countries led to different results for different countries. Leader countries by economic dynamics (Turkmenistan, Armenia, Azerbaijan, Uzbekistan, Belarus, Kazakhstan) could surpass global economic growth trend for the period 1992- 2012. The main factor of their success was achievement of high investment/GDP ratio, which allowed for acceleration of economic growth on separate time periods.

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Year of publication:	2014
Authors:	Golovnin, M. ; Ushkalova, D.
Published in:	Journal of the New Economic Association. - New Economic Association - NEA. - Vol. 21.2014, 1, p. 200-205
Publisher:	New Economic Association - NEA
Subject:	CIS countries \| comparative economic analysis \| economic growth \| investments

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Extent:	application/pdf
Type of publication:	Article
Classification:	N10 - Macroeconomics and Monetary Economics; Growth and Fluctuations. General, International, or Comparative ; F43 - Economic Growth of Open Economies ; E22 - Capital; Investment (including Inventories); Capacity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010839413