Front Matter

Front Matter Page

Middle East and Central Asia Department

Authorized for distribution by Erik De Vrijer

Contents

  • Acronyms

  • I. Introduction and Scope of the Study

  • II. Overview of Macroeconomic Stabilization and Market Reforms

  • III. Econometric Analysis

    • A. Methodology and Data Issues

    • B. Determinants of Growth

    • C. Estimation Results

    • D. Robustness of the Results

    • E. Contribution to Growth Changes

    • F. Are the CIS Countries Facing the “Dutch Disease”?

  • IV. Conclusions and Policy Challenges

  • Appendix I. Sample, Data Definition, and Sources

  • References

  • Box

  • 1. Literature Review on Growth in Transition Economies

  • Tables

  • 1. Developments of Selected Determinants of Growth in Transition Economies

  • 2. Market Reforms, Business Environment, and Institutions

  • 3. Cross-Correlation between Variables, Global Sample

  • 4. Regression Results, Transition Sample

  • 5. Regression Results, Global Sample

  • 6. Decomposition of Growth Increase between Periods

  • 7. Sources of Regional Differences in Growth

  • 8. Selected Symptoms of “Dutch Disease”

  • 9. Cross-Correlation between Variables, Transition Sample

  • 10. Estimation Results, Transition Sample, with Annual Data Panel

  • Figures

  • 1. Investment, 1996–2006

  • 2. Terms of Trade, 1999–2006

  • 3. Highly Skilled Expatriates in the OECD

  • 4. Transfers and Remittances from Russia, 1994-2006

Rapid Growth in the CIS: Panel Regression Approach
Author: Mr. Garbis Iradian