Modernization Impact of Russia on the CIS Countries

L. Vardomsky and A. Pylin
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L. Vardomsky: Institute of Economics, Moscow, Russia
A. Pylin: Institute of Economics, Moscow, Russia

Journal of the New Economic Association, 2014, vol. 21, issue 1, 196-200

Abstract: It is argued that the contribution of Russia to modernization of CIS countries is insignificant and is shown mainly in development of traditional productions with attraction of the technologies borrowed from the third countries. On the basis of the comparative analysis of the main indicators of transfer of innovations (foreign trade of machines and equipment, direct foreign investments) distribution of CIS countries on degree and channels of modernization impact of Russia is given.

Keywords: Russia and CIS countries; economic modernization; foreign trade of engineering products; foreign direct investment (search for similar items in EconPapers)
JEL-codes: F14 F21 O19 O57 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:nea:journl:y:2014:i:21:p:196-200

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