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Economic Performance of Former USSR States
Pages 9 (2259 words)
This discussion focuses on the economic performance of the former USSR states after independence and the economic relations between these countries as well as their trade, population, GDP growth, investments and debts. The essay highlights the GDP growth and economic performance of the countries like Belarus, Ukraine, Moldova, Latvia, Turkmenistan, Russia and other nations which have recently gained independence and separated from the former Soviet Union…
Yet there remain several issues that suggest that these countries will have to recreate and restructure their economic strategies to emerge as economically powerful as the more advanced economies.
In this review, a comparative analysis is provided showing economic growth and performance of the former Soviet states, their internal and external relations with neighboring countries and other former Soviet states as well as their comparative GDP and population growth, trade patterns, debts and deficits as also investments. The objectives of the review would be: 1. to identify the key players in post USSR countries 2.to discover the economic relations between the CIS countries and the level of their interdependency, and 3. to rank the major former Soviet states' performance using country growth criteria
The state of transition economies and their strengths and weaknesses are studied especially in the co next of trade, GDP growth, FDIs, immigration, inflation and population growth. Kuznetsov and Kuznetsova (2003) suggest that all post-socialist institutional settings are at the moment still in transition1. ...
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