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on Confederation of Independent States |
| By: | Popov, Vladimir |
| Abstract: | The goal of this study is to reveal the long-term trajectory of Russian economic development and to make predictions for the future. The study starts with a much discussed question: why Russia did worse economically during transition than most other countries in Europe and Asia? It is argued that it was partly caused by objective circumstances before transition (distortions in industrial structure and in trade patterns accumulated during the era of central planning), but mostly by the weakening of the institutional capacity of the state during transition. |
| Keywords: | Economic transition, institutional trajectories, Russia, China |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:unu:wpaper:wp2010-13&r=cis |
| By: | Libman, Alexander; Vinokurov, Evgeny |
| Abstract: | While the regional economic integration in the former Soviet Union turns out to be highly inefficient, there appears to be a stronger interest to the regionalism in smaller groups of more homogenous and geographically connected countries of the region, specifically, Central Asia. This paper attempts to understand whether the preconditions for the regional integration in Central Asia are indeed better than in the CIS in general. Using a new dataset of the System of Indicators of Eurasian Integration of the Eurasian Development Bank, it finds that although the economic links between the Central Asian countries are more pronounced than between that of the CIS in several key areas, this advantage has been disappearing fast over the last decade. In addition, the trend of economic integration of Central Asia seems to strongly correlate with that of the CIS in general, while Russia persists as the dominant gravitation pole for all of Central Asia. Currently Central Asia should be treated as a sub-region of the post-Soviet world rather than a definite integration region. On the other hand, however, we find that Kazakhstan emerges as a new center for regional integration, which can bear some potential for regionalism in Central Asia. |
| Keywords: | regionalization; economic integration; post-Soviet space; Central Asia |
| JEL: | F15 F13 P27 |
| Date: | 2010–02 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:21062&r=cis |
| By: | Brainerd, Elizabeth |
| Abstract: | The formerly socialist countries of Eastern Europe and the former Soviet Union have experienced a remarkable demographic transformation in the past twenty years. On many dimensions of fertility and family formation, much of the region now looks like Western Europe—below-replacement fertility rates, rising age at first marriage and first birth, and high and increasing out-of-wedlock birthrates, characterize many countries formerly distinguished by replacement-level fertility and early, near-universal marriage and childbearing. The other facet of this demographic transformation is nearly unprecedented changes in adult mortality rates. An upsurge of cardiovascular and external cause mortality caused a massive premature loss of life among working-age men in the former Soviet Union in the 1990s. In contrast, cardiovascular mortality has fallen at a rapid rate across Eastern Europe since 1989. This study discusses the dimensions and most likely causes of these demographic changes and assesses the possible consequences of the changing fertility and mortality patterns. Much remains unknown about the underlying reasons for the demographic transformation of the region; directions for future research in this area are discussed. |
| Keywords: | fertility; marriage; mortality; transitional economies |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:unu:wpaper:wp2010-15&r=cis |
| By: | Yasushi Nakamura |
| Abstract: | This paper quantitatively examined the relation between money and real economy in the Soviet economy. The institutional and historical analysis of the Soviet monetary management yielded the tasks of quantitative analysis. The quantitative analysis showed that the institutional division of cash and non-cash was effective, demand for cash was not predictable, and there was no significant relation between money and real production. This result suggested that the Soviet monetary management relying on some vague money supply target could not function well and only the control on wage which was supported by the division of cash and non-cash could weakly ceil money supply. A fundamental problem of the Soviet economy seemed that a mechanism to bridge between money and real economy was lacked, while money was used. It is, therefore, difficult to regard the Soviet economic system as an complete economic system equivalent to the market economy. |
| Date: | 2010–02 |
| URL: | http://d.repec.org/n?u=RePEc:hst:ghsdps:gd09-111&r=cis |