Franklin

How Russia Affects the Neighborhood [electronic resource] : Trade, Financial, and Remittance Channels, Espinosa-Bowen, Jaime.

Author/Creator:
Espinosa-Bowen, Jaime.
Publication:
Washington, D.C. : International Monetary Fund, 2009.
Series:
IMF eLibrary
IMF Working Papers; Working Paper No. 09/277.
IMF Working Papers; Working Paper No. 09/277
Format/Description:
Government document
Book
1 online resource (25 p.)
Local subjects:
Banking crisis. (search)
Bilateral remittance. (search)
Bilateral remittances. (search)
Business cycle. (search)
Business cycles. (search)
Capital flows. (search)
Drop in remittances. (search)
Economic growth. (search)
Economic models. (search)
Emerging markets. (search)
Gdp growth. (search)
Gdp growth rates. (search)
Gdps. (search)
Global remittance. (search)
Growth of remittances. (search)
Growth rate. (search)
Growth rates. (search)
Impact of remittances. (search)
Migrant. (search)
Migrant remittances. (search)
Migration. (search)
Private consumption. (search)
Real gdp. (search)
Regional shocks. (search)
Remittance. (search)
Remittance channel. (search)
Remittance channels. (search)
Remittance flows. (search)
Remittance outflows. (search)
Remittances. (search)
Spillovers. (search)
Trade integration. (search)
Workers remittances. (search)
Belarus. (search)
Georgia. (search)
Kazakhstan. (search)
Kyrgyz Republic. (search)
Russian Federation. (search)
Summary:
We test the extent to which growth in the 11 CIS countries (excluding Russia) was associated with developments in Russia, overall, as well as through the trade, financial and remittance channels over the last decade or so. The results point to the continued existence of economic links between the CIS countries and Russia, though these links may have altered since the 1998 crisis. Russia appears to influence regional growth mainly through the remittance channel and somewhat less so through the financial channel. There is a shrinking role of the trade (exports to Russia) channel. Russian growth shocks are associated with sizable effects on Belarus, Kazakhstan, Kyrgyz Republic, Tajikistan, and, to some extent, Georgia.
Notes:
Description based on print version record.
Contributor:
Alturki, Fahad.
Espinosa-Bowen, Jaime.
Ilahi, Nadeem.
Other format:
Print Version:
ISBN:
1451874227:
9781451874228
ISSN:
1018-5941
Publisher Number:
10.5089/9781451874228.001
Access Restriction:
Restricted for use by site license.
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