• Home
  • Issues
  • 2013
  • No 3.2
  • Ways to modernize the former Soviet republics (for example Armenia and Azerbaijan)

Ways to modernize the former Soviet republics (for example Armenia and Azerbaijan)

TERRA ECONOMICUS, , Vol. 11 (no. 3.2),
p. 152-161

The article considers the problem of modernization of the economies post-Soviet republics (in example of Armenia and Azerbaijan), are determined ways of development of economies Armenia and Azerbaijan. On the base the World Bank and the CIS Intergovernmental Statistics Committee data, assessed the possibility of upgrading the post-Soviet countries (Armenia and Azerbaijan), and provides recommendations for the further development of the post-Soviet countries’ economies.

Keywords: modernization; structural changes; post-Soviet countries

  • Acemoglu D., Guerrieri V. (2008). “Capital Deepening and Non-Balanced Economic Growth”. Journal of political Economy No. 116(3).
  • Ananin O., Khaitkulov R., Shestakov D. (2010). Washington Consensus: landscape after the battle // World Economy and International Relations, No. 12. (In Russian.)
  • Balitskiy E. (2009). Model of economic evolution // Society and economy, No. 8. (In Russian.)
  • Batukova L.R. (2011). Modernization: the essence and the main aspects of the control system: a poster presentation. IX Economic readings in memory of Honored Scientist of Russia, prof. A.P. Bychkova “Politics of modernization and social policy: problems pairing.” Tomsk. (In Russian.)
  • Baumol W. (1967). “Macroeconomics of unbalanced Growth: The Anatomy of Urban Crisis”. Ameican Economic Review 57(3).
  • Belousov D., Salnikov V., Akopin A., Frolov I. (2008). Direction of technological modernization of Russian industry’s leading branches. Forecasting problems. (In Russian.)
  • Belyakova G., Batukova L. (2010). Modernization of socio-economic systems: theoretical foundations concepts and the role of the state in economic modernization. Problems of the modern economy. No. 36. (In Russian.)
  • Bostanjyan V. (2011). Armenia’s economy: an institutional changes (in Arm.). Economist. Yerevan. (In Russian.)
  • Brodskiy B. (2006). Retrospective analysis of structural changes on the basis of econometric relationships. Economics and Mathematical Methods. Vol. 42, No. 4. (In Russian.)
  • Chaldaeva L. (2010). Economic Modernization: rationale and economic effectiveness. National interests: priorities and security, economic development strategy. No. 25 (82). (In Russian.)
  • Clark B. (1938). “International comparison of national income”. Weltwirtschaftliches Archiv 47(1).
  • Fisher A. (1939). “Production, primary, secondary and tertiary”. Economic Record 15.
  • Guliev M. (2011). Modernization and diversification of the economy of oil-producing countries of the CIS. Problems of Modern Economics, No. 1 (37). (In Russian.)
  • Hirschman A.O. (1958). “The strategy of economic development”. New Haven, CT: Yale University Press.
  • Jikharevich B. (2010). Strategic management of district type macroregions development: the need and ways of modernization. National interests: priorities and security. No. 1 (58). (In Russian.)
  • Kongsamut P., Rebeli S. Xie D. (2001). “Beyond Balanced Growth”. Review of Economic Studies 68(4).
  • Kuzminov Y., Radaev V., Yakovlev A., Yasin E. (2005). Institutions from borrowing to grow. Experience Russian reforms and the possibility of institutional changes’ cultivation. “Modernization of Economy and growing institutions. Ed. by E. Yasin. Moscow. Publishing House, HSE, Book 1. (In Russian.)
  • Kuznets S. (1971). “Economic growth of nations: Total output and production structure”. Cambridge, MA: Harvard University Press.
  • Lewis A. (1954). “Economic development with unlimited supplies of labor”. Manchester School of Economic and Social Studies. No. 28.
  • Manukyan A. (2012). Independent Armenia’s economy: basic stages of development. Global world: crisis imperatives modernization institutions. Materials of the international scientific-practical conference. Rostov-on-Don. (In Russian.)
  • Minasyan A. (2010). Some socio-economic challenges of Armenia (in Arm.). Yearbook of the Faculty of Economics at Yerevan State University. (In Russian.)
  • Martishev A. (2007). Technological modernization of production - the main task of industrial policy in the Eurasian Economic Community. Eurasian integration: economics, law, and politics. No. 2. (In Russian.)
  • Nureev R. (2006). Strategy and Tactics of the Russian modernization in light of the concept of the social market economy. Economic Herald of Rostov State University. Vol. 4. (In Russian.)
  • Nurkse R. (1953). “Problems of capital formation in underdeveloped countries”. Oxford: Basil Blakwell.
  • Rosenstein-Rodan P. (1961). “Notes on the theory of the “big-push”. In H.S. Ellis and H.C. Wallich (Eds.) Economic Development for Latin America. London: Macmillan.
  • Zalivskiy N. (2007). Russian vector geoeconomical Olympus. Success of modern science. No. 12. (In Russian.)
Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606