The Low Income Countries Of The Commonwealth Of Independent States

Author : Sarosh Sattar
Publisher : International Monetary Fund
ISBN 13 : 9781589063211
Total Pages : 316 pages
Book Rating : 4.1X/5 ( download)

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Download or read book The Low-Income Countries of the Commonwealth of Independent States written by Sarosh Sattar and published by International Monetary Fund. This book was released on 2004-04-22 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The CIS-7 Initiative was launched in 2002 and endorsed by ministers from the CIS-7 and donor countries, with the objective of promoting poverty reduction, economic growth, and debt sustainability among the seven poorest countries of the Commonwealth of Independent States (CIS). This volume draws from the follow-up conference held in Lucerne, Switzerland, in January 2003. The objective of this conference was to achieve an understanding of the development agenda in the seven countries and the key policy measures to be taken by the governments and donors to improve future prospects for the countries’ populations.

Author : Paolo Verme
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4./5 ( download)

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Download or read book Constraints to Growth and Job Creation in Low-income Commonwealth of Independent States Countries written by Paolo Verme and published by World Bank Publications. This book was released on 2006 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Despite sustained output growth since 1997, low-income Commonwealth of Independent States (CIS) countries (CIS-7) have not experienced growth in employment, a phenomenon observed elsewhere in transitional economies and labeled as "jobless growth." The author addresses the causes of this phenomenon in the CIS-7. He argues that the lack of job creation is explained by a combination of structural factors, including capital-intensive growth, large potential for productivity gains among existing workers, and compartmentalized economies best depicted by a dual labor market framework. Agriculture and industry have performed asymmetrically and grown apart during the recession and during the growth periods. Agriculture provides subsistence and refuge from urban poverty and unemployment but is unable to grow beyond subsistence because it is disconnected from industrial manufacturing and because the agricultural infrastructure is depleted and underinvested. Industry has progressively lost its manufacturing capacity, and focuses on capital-intensive, highly productive sectors, and provides good wages for the few highly skilled workers. With governments and the international community currently refraining from investing in agricultural and industrial policies focused on reviving manufacturing, jobless growth is likely to persist. "--World Bank web site.

Author : Ms.Elena Loukoianova
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781451857061
Total Pages : 39 pages
Book Rating : 4.63/5 ( download)

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Download or read book Analysis of Recent Growth in Low-Income CIS Countries written by Ms.Elena Loukoianova and published by INTERNATIONAL MONETARY FUND. This book was released on 2004-08-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Paolo Verme
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.52/5 ( download)

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Download or read book Constraints to Growth and Job Creation in Low-Income Commonwealth of Independent States Countries written by Paolo Verme and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite sustained output growth since 1997, low-income Commonwealth of Independent States (CIS) countries (CIS-7) have not experienced growth in employment, a phenomenon observed elsewhere in transitional economies and labeled as "jobless growth." The author addresses the causes of this phenomenon in the CIS-7. He argues that the lack of job creation is explained by a combination of structural factors, including capital-intensive growth, large potential for productivity gains among existing workers, and compartmentalized economies best depicted by a dual labor market framework. Agriculture and industry have performed asymmetrically and grown apart during the recession and during the growth periods. Agriculture provides subsistence and refuge from urban poverty and unemployment but is unable to grow beyond subsistence because it is disconnected from industrial manufacturing and because the agricultural infrastructure is depleted and underinvested. Industry has progressively lost its manufacturing capacity, and focuses on capital-intensive, highly productive sectors, and provides good wages for the few highly skilled workers. With governments and the international community currently refraining from investing in agricultural and industrial policies focused on reviving manufacturing, jobless growth is likely to persist.

Author : European Bank for Reconstruction and Development
Publisher : International Monetary Fund
ISBN 13 : 1498330290
Total Pages : 47 pages
Book Rating : 4.99/5 ( download)

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Download or read book Recent Policies and Performance of the Low-Income CIS Countries--An Update of the CIS-7 Initiative written by European Bank for Reconstruction and Development and published by International Monetary Fund. This book was released on 2004-04-24 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL

Author : Marcus Goncalves
Publisher :
ISBN 13 : 9781947098220
Total Pages : 0 pages
Book Rating : 4.25/5 ( download)

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Download or read book The Commonwealth of Independent States Economies written by Marcus Goncalves and published by . This book was released on 2017-08-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The year 2016 marks the 25th anniversary of the official inauguration of the Commonwealth of Independent States (CIS), a free association of sovereign states comprised of Russia and 11 other republics that were formerly part of the Soviet Union (The CIS--Belarus, Moldova, and Ukraine; the South Caucasus--Azerbaijan, Armenia, Georgia plus disconnected Abkhazia and South Ossetia; and Central Asia--Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Although this loose association of states may not exist as a fixed-entity on the globe, it is believed that this bloc of countries will continue to build upon the various separate regions in the former Soviet space in the coming decade. Despite major differences country-to-country, groups within each state share many common economic, political, and cultural characteristics, which many hope will fade with the passing of those generations that remember the common state. In this context, the Russian Federation holds a unique position in the Euro-Pacific area. Separate, distinct, but still bordering these regions and related to all of them to differing degrees, in the 2010s Russia will step up efforts to become an independent center of gravity in Northern Eurasia. Leaning on its CIS allies and partners, Moscow is willing to fortify its stance vis-à-vis its geopolitical competitors--the European Union in the west, and China in the east. Nevertheless, the combination of factors that determined the plunge in the economy of the CIS since the second quarter of 2015 persists today. These factors included the sharp fall in commodities prices, restrictions on access to international capital markets due to sanctions against Russia and a deceleration in China, which is the region's main trading partner. Although economic conditions in most of the CIS economies are challenging, differences in growth dynamics persist. Oil and gas exporting countries, namely Azerbaijan, Kazakhstan, Russia, and Turkmenistan, are seeing economic conditions deteriorating rapidly because of the sharp fall in energy prices. Meanwhile, most of the labor-exporting countries (Armenia, Kyrgyzstan, Moldova, and Tajikistan) are seeing the deterioration in growth rates, mainly due to strong production in the agricultural sector and, in some cases, increased activity in the extractive sector. This book provides a regional analysis, as well as country scan, of the CIS regional block economies. We will examine their history since the breakup of the formal Soviet Union and the formation of the CIS bloc, including creation of regional agreements such as the CIS Free Trade Area and the Eurasian Economic Union, a single economic market which now represents more than 180 million people. As a whole, our text attempts to better understand current, and future, prospects for economic growth in the region, as well as their individual national challenges.

Author : Karnaukhova, Oxana
Publisher : IGI Global
ISBN 13 : 152253265X
Total Pages : 323 pages
Book Rating : 4.51/5 ( download)

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Download or read book Economic and Geopolitical Perspectives of the Commonwealth of Independent States and Eurasia written by Karnaukhova, Oxana and published by IGI Global. This book was released on 2018-06-01 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Commonwealth of Independent States (CIS) is a regional organization that formed during the breakup of the Soviet Union in 1991. It has few supranational powers, but aims to be more than a purely symbolic organization, nominally possessing coordinating powers in the realm of trade, finance, lawmaking, and security. As such, it is vital to examine this region and its economic and geopolitical impacts on the world. Economic and Geopolitical Perspectives of the Commonwealth of Independent States and Eurasia is a vital research publication that explores the importance and influence of the Commonwealth of Independent States and Eurasia in the twenty-first century. Highlighting a wide range of topics such as sovereign democracy, economic integration, and foreign policy, this book is geared toward business managers, economists, business professionals, entrepreneurs, business analysts, and researchers seeking current research on the effects of political organizations like the CIS on various regions.

Author : Lev M. Freinkman
Publisher : World Bank Publications
ISBN 13 : 9780821358962
Total Pages : 88 pages
Book Rating : 4.60/5 ( download)

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Download or read book Trade Performance and Regional Integration of the CIS Countries written by Lev M. Freinkman and published by World Bank Publications. This book was released on 2004-01-01 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper sets out a detailed quantitative analysis, based on standard econometric models, of the trade trends in the CIS countries, focusing on its low-income members; as well examining the nature of the existing CIS intra-bloc trade. Findings include that overall, progress in the trade area was slower in the low-income economies (CIS-7) than in the higher income CIS members, reflected in lower overall export level and slower export growth, a higher trade deficit, and a lower share of manufacturing exports. On balance, the CIS free trade area is a beneficial, trade-facilitating bloc, although the potential benefits of CIS trade integration remain badly underutilised.

Author : Thomas Helbling
Publisher :
ISBN 13 :
Total Pages : 43 pages
Book Rating : 4.19/5 ( download)

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Download or read book Debt Accumulation in the Cis-7 Countries written by Thomas Helbling and published by . This book was released on 2006 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the breakup of the Soviet Union in 1992, several low-income countries in the Commonwealth of Independent States (CIS) accumulated substantial external debt in a short time span, about half of which is owed to multilateral financial institutions. Three factors contributed to the current debt burden. First, the initial years of transition brought large systemic economic disruptions, loss of transfers from the center and collapse of trade relations among Council for Mutual Economic Assistance (CMEA) countries, and negative terms of trade shocks. Second, fiscal and other reforms, and consequently, growth revival, took longer than expected. Third, overoptimism by multilaterals contributed to the high debt levels. If external financial assistance, which was needed because of high social costs of the transition, had come in the form of grants in the first two or three years of the transition, the debt burden would have been lower and sustainable.

Author : Richard Auty
Publisher : Routledge
ISBN 13 : 1134194145
Total Pages : 304 pages
Book Rating : 4.48/5 ( download)

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Download or read book Energy, Wealth and Governance in the Caucasus and Central Asia written by Richard Auty and published by Routledge. This book was released on 2006-08-21 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing upon recent progress in development economics and political science, the book provides fresh analysis of the Caucasus and Central Asia (CCA) countries transition to a market economy by tracing the impact of natural resource endowment. The book examines the synergies between energy-rich and energy-poor states and highlights the practical consequences of both well-managed and poorly-managed deployment of energy. Featuring contributions from prominent specialists on resource-driven economies, the book argues that unless CCA elites change the way in which they deploy natural resource, revenues regional development will fall short of its potential with possible disastrous consequences. The contributors apply the experience of the developing market economies to demonstrate that the region still holds considerable potential to become an important, stable supplier of raw materials and a source of industrial demand to the global economy. However, the CCA is equally likely to become a threat to the global economy as a consequence of the misuse of energy revenues to promote the interests of predatory political elites.