30 years of economic reforms in the post-Soviet space: Macroeconomic processes

M. P. Dabrowski ()

Voprosy Ekonomiki, 2022, issue 2

Abstract: The paper contains a retrospective analysis of macroeconomic policy and macroeconomic reforms in the post-Soviet countries in 1992—2021, that is, after obtaining political and economic independence at the end of 1991. Special attention is paid to the problems of macroeconomic stabilization and economic growth. As a result of structural distortions inherited from the Soviet economy and slow pace of economic and institutional reforms, the countries of the former Soviet Union suffered from the long and deep output decline in the 1990s, and their post-transition growth recovery in the 2000s did not last long. Furthermore, they remain vulnerable to both domestic and external economic shocks. Given a limited predictability of post-COVID global economic trends, this vulnerability will continue, most likely, in the next couple of years.

Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.vopreco.ru/jour/article/viewFile/3856/2442 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2022:id:3856

DOI: 10.32609/0042-8736-2022-2-5-32

Access Statistics for this article

More articles in Voprosy Ekonomiki from NP Voprosy Ekonomiki
Bibliographic data for series maintained by NEICON ().