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Modernization Impact of Russia on the CIS Countries

Author

Listed:
  • Vardomsky, L.

    (Institute of Economics, Moscow, Russia)

  • Pylin, A.

    (Institute of Economics, Moscow, Russia)

Abstract

It is argued that the contribution of Russia to modernization of CIS countries is insignificant and is shown mainly in development of traditional productions with attraction of the technologies borrowed from the third countries. On the basis of the comparative analysis of the main indicators of transfer of innovations (foreign trade of machines and equipment, direct foreign investments) distribution of CIS countries on degree and channels of modernization impact of Russia is given.

Suggested Citation

  • Vardomsky, L. & Pylin, A., 2014. "Modernization Impact of Russia on the CIS Countries," Journal of the New Economic Association, New Economic Association, vol. 21(1), pages 196-200.
    • Handle: RePEc:nea:journl:y:2014:i:21:p:196-200
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    More about this item

    Keywords

    Russia and CIS countries; economic modernization; foreign trade of engineering products; foreign direct investment;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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