scholarly journals Economic Performance in Post-Soviet and Post-Communist Countries – Evidence from Panel Data and Multivariate Statistical Analysis

2021 ◽  
Vol 16 (2) ◽  
pp. 1-16 ◽  
Author(s):  
Agata Szymańska

Abstract The study examines the effect of sets of determinants of economic growth, which are widely emphasised in the literature, in a group of 27 selected post-Soviet, post-communist and transition countries from Central and Eastern Europe, the former Soviet Union, and Mongolia during 1997–2017. The set of baseline variables includes, among others, trade openness, investment rate, public consumption spending, and selected demographic factors. The methodology uses panel data and it is supported by multivariate statistical methods of grouping objects. The panel data provides results that are mainly consistent with the literature review. However, the effects of demographic factors are rather not significant, but the role of investment has been emphasised. In turn, the multivariate statistical approaches indicate the shifts in regional (dis)similarity between the analysed countries with respect to the performance of the selected variables over the last 20 years.

1993 ◽  
Vol 1 (4) ◽  
pp. 71-90
Author(s):  
Trina L. Larsen ◽  
Robert T. Green

Economic liberalization is underway in many countries that had previously been relatively closed to outside commercial relations. This includes former East Bloc nations and LDCs that had long attempted to protect their inefficient industries from foreign competition. Perhaps the most spectacular example of this trend is the former Soviet Union. This article reports a study of the changes that occurred in the former Soviet Union's trade relations with non-communist countries in the critical period during which trade ‘openness’ was being established. The results provide insights that may be useful to exporters in their assessment of market opportunities in countries undergoing the difficult transition to a market economy.


2005 ◽  
Vol 35 (140) ◽  
pp. 407-422
Author(s):  
Julia Bernstein

Based on an ethnographical study the article presents the problems of Soviet migrants with capitalistic every day life. The reaction of the migrants and the role of their imagination of capitalism, which was formed by different sources in the former Soviet Union, is investigated.


Author(s):  
David M. Claborn

The collapse of a country’s economy can have significant impacts on the health and healthcare infrastructure of the country. This paper compares the collapse of three national economies from widely separated regions: Venezuela, Zimbabwe, and the countries of the former Soviet Union. Despite significant differences in the environments and cultures of these countries, there are some common variables and outcomes shared by most of the countries including effects on healthcare workforce, disproportionate effects on marginalized populations, and resurgence of certain infectious diseases.


Slavic Review ◽  
2010 ◽  
Vol 69 (1) ◽  
pp. 16-40 ◽  
Author(s):  
Jennifer Patico

The rise of the international matchmaking industry has been particularly rapid and noticeable in the former Soviet Union, where the end of the Cold War has intersected with daily socioeconomic pressures to make cross-cultural romance and marriage newly possible and newly desirable for some women of Russia, Ukraine, and other post-Soviet states. Less acknowledged than the role of economics in women's decision making, however, is the fact that postsocialist financial strains are not experienced in social vacuums but are mediated by ideals of gender and marriage, such that the search for a foreign spouse is unlikely to be experienced as a simple desire for increased material comfort. Instead, discourses of gender “crisis” in the home country inform the desires for transnational kinship for both women from the former Soviet Union and men from the United States. When both women's and men's narratives of “crisis” (and how transnational marriage might alleviate it) are taken into account, they significantly complicate our understandings of east-west relations of “commodification” and power.


Author(s):  
Cihan Bulut ◽  
Fakhri Hasanov ◽  
Elchin Suleymanov

The aim of our study is to examine the impact of the oil revenues on the standard of living in oil-exporting countries of the former Soviet Union and to make policy suggestions based on the obtained findings. It has been explain that resource dependency adjust the structure of these countries' economies, which leads to income inequality compensation changes in different sectors of the economy. Characteristic of resource- rich of post-Soviet oil exporters countries - Russia, Kazakhstan and Azerbaijan have been analyzed. It has been demonstrated that dependency on resources modifies the structure of these countries’ economies, which leads to income inequality based on employment via a mechanism of labor compensation changes in different sectors of the economy. We are going to employ co-integration and error correction methods in our empirical analysis. Is there a long-run relationship between the oil revenues and the standard of living in oil-exporting countries of the former Soviet Union; What is the role of dynamics of the oil revenues in the standard of living in the short run; What is the magnitude of speed of adjustment from the short-run fluctuation towards long-run equilibrium of the system; What is the direction of long- and short-run causality in the oil revenues - standard of living relationship.


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