{
  "title": "Analysis of Recent Growth in Low-Income CIS Countries",
  "publication": "IMF Working Papers, August 1, 2004",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2016/12/30/analysis-of-recent-growth-in-low-income-cis-countries-17487",
  "canonical": "https://www.imf.org/en/publications/wp/issues/2016/12/30/analysis-of-recent-growth-in-low-income-cis-countries-17487",
  "overlayPath": "/en/publications/wp/issues/2016/12/30/analysis-of-recent-growth-in-low-income-cis-countries-17487/index.md",
  "summary": "This paper analyzes factors that determine recent economic growth in the low-income countries of the Commonwealth of Independent States.",
  "sections": [
    {
      "heading": "Authors and publication",
      "content": "- By Elena Loukoianova, Anna Unigovskaya\n- August 1, 2004\n- IMF Working Papers, Series: Working Paper No. 2004/151\n- Issue: 151\n- Volume: 2004\n- Pages: 39\n- DOI: https://doi.org/10.5089/9781451857061.001\n- ISBN: 9781451857061\n- ISSN: 1018-5941"
    },
    {
      "heading": "Main empirical findings",
      "content": "- 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.\n- In the early years of transition the output recovery was mainly driven by consumption.\n- Economic growth has concentrated in agriculture and the raw material sectors, and, thus, is vulnerable to changes in external conditions.\n- Structural reforms matter for growth, which is consistent with previous research on growth in transition countries."
    },
    {
      "heading": "Analytical focus and methods (as described)",
      "content": "- Analysis centers on factors determining recent economic growth in the low-income countries of the Commonwealth of Independent States.\n- The paper links sectoral productivity dynamics, export expansion, and the composition of growth (agriculture and raw materials) to vulnerability to external shocks.\n- Emphasizes the role of structural reforms in explaining cross-country growth differences within transition economies."
    },
    {
      "heading": "Subject terms and keywords",
      "content": "- Subject: Agricultural sector, Growth accounting, Labor, Total factor productivity, Transportation\n- Keywords: CIS Goskomstat, exchange rate, real GDP, TFP growth, WP\n\nSource: IMF Working Paper — \"Analysis of Recent Growth in Low-Income CIS Countries\" by Elena Loukoianova and Anna Unigovskaya, August 1, 2004.\n\n---\n\n Content in this bundle\n\n- wp04151\n  - wp04151 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - wp04151 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/30/analysis-of-recent-growth-in-low-income-cis-countries-17487"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/wp/issues/2016/12/30/analysis-of-recent-growth-in-low-income-cis-countries-17487/index.md)",
    "[Structured JSON version](/en/publications/wp/issues/2016/12/30/analysis-of-recent-growth-in-low-income-cis-countries-17487/index.json)",
    "[Bundle manifest](/en/publications/wp/issues/2016/12/30/analysis-of-recent-growth-in-low-income-cis-countries-17487/bundle-manifest.json)",
    "Authors: Elena Loukoianova, Anna Unigovskaya",
    "Published: August 1, 2004",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451857061.001",
    "By Elena Loukoianova, Anna Unigovskaya",
    "August 1, 2004",
    "IMF Working Papers, Series: Working Paper No. 2004/151",
    "Issue: 151",
    "Volume: 2004",
    "Pages: 39",
    "DOI: https://doi.org/10.5089/9781451857061.001",
    "ISBN: 9781451857061",
    "ISSN: 1018-5941",
    "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.",
    "In the early years of transition the output recovery was mainly driven by consumption.",
    "Economic growth has concentrated in agriculture and the raw material sectors, and, thus, is vulnerable to changes in external conditions.",
    "Structural reforms matter for growth, which is consistent with previous research on growth in transition countries.",
    "Analysis centers on factors determining recent economic growth in the low-income countries of the Commonwealth of Independent States.",
    "The paper links sectoral productivity dynamics, export expansion, and the composition of growth (agriculture and raw materials) to vulnerability to external shocks.",
    "Emphasizes the role of structural reforms in explaining cross-country growth differences within transition economies.",
    "Subject: Agricultural sector, Growth accounting, Labor, Total factor productivity, Transportation",
    "Keywords: CIS Goskomstat, exchange rate, real GDP, TFP growth, WP",
    "**_wp04151**"
  ],
  "related": [
    {
      "title": "_wp04151",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/wp/2004/_wp04151.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/wp/2004/_wp04151.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/wp/2004/_wp04151.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/wp/issues/2016/12/30/analysis-of-recent-growth-in-low-income-cis-countries-17487/index.md",
    "json": "/en/publications/wp/issues/2016/12/30/analysis-of-recent-growth-in-low-income-cis-countries-17487/index.json",
    "bundleManifest": "/en/publications/wp/issues/2016/12/30/analysis-of-recent-growth-in-low-income-cis-countries-17487/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-17T05:23:06.836Z"
}
