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Economic Development of Russia, Central Asia and Caucasus Countries (1989-2012)

Author

Listed:
  • Friedman, L.

    (IAAS of MSU, Moscow, Russia)

  • Aliev, T.

    (IAAS of MSU, Moscow, Russia)

Abstract

The article discusses the features of economic development of Russia and Asian countries - former Soviet republics. Different dynamics of the GDP of the studied countries during the period of their independence was due to many factors. In the main of modern economic growth of one group of countries are oil and gas resources, the other group - the "export" of labor.

Suggested Citation

  • Friedman, L. & Aliev, T., 2014. "Economic Development of Russia, Central Asia and Caucasus Countries (1989-2012)," Journal of the New Economic Association, New Economic Association, vol. 21(1), pages 186-190.
  • Handle: RePEc:nea:journl:y:2014:i:21:p:186-190
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    File URL: http://www.econorus.org/repec/journl/2014-21-186-190r.pdf
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    Citations

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    Cited by:

    1. Nurlan Nurseiit, 2017. "The Consequences of the Choice of an Economic Model for the Development of CIS Countries," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 5(2), pages 110-140.

    More about this item

    Keywords

    GDP; post-Soviet countries; the crisis in transition; economic growth; export potential; remittances;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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