4 Structural Reform in the CIS-7 Countries
Author: Richard Pomfret
Language:
English
Keywords:
SEM; CIS-7; country; enterprise; private sector; CIS country; enterprise restructuring; enterprise reform; inflation rate; company OTE; market economy; Privatization; Structural reforms; Informal economy; Infrastructure; Central Asia; Eastern Europe

Abstract

This chapter analyzes the role of structural reform in the transition experience of the CIS-7 countries. The seven countries share many common features, beginning with their depressed income levels. All are landlocked, apart from Georgia, with its Black Sea access. Six are small in population, with between 4 and 8 million; Uzbekistan is the exception, with 25 million people (Table 4.1). More than half the population of the Kyrgyz Republic, Moldova, and Tajikistan is rural; Azerbaijan and Georgia also have rural shares above the former Soviet average. Most of the CIS-7 countries are resource abundant, but with differing specializations, and in most cases the benefits have still to be fully realized.

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Cover The Low-Income Countries of the Commonwealth of Independent States
The Low-Income Countries of the Commonwealth of Independent States
Progress and Challenges in Transition
Author: Sarosh Sattar and Mr. Clinton R. Shiells
ISBN:
9781589063211
Publication Date:
22 Apr 2004
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589063211.072
Pages:
316

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