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Post-Soviet countries: the journey from resource-driven economies to knowledge based-economies. Focus on ICT sector

Author

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  • Valentina Botan

    (Academy of Economic Studies of Bucharest, Romania)

Abstract

After the dissolution of USSR the Soviet republics' economies were resource-driven, but only few of them were rich in highly tradable natural resources. They were Russia, Azerbaijan, Ukraine and Kazakhstan. These countries had registered an important economic growth due to natural resources exports, but became prisoners of the so called "Dutch disease". Moldova, Georgia, Armenia, Belarus or Baltic States hadn't any highly tradable natural resources such as oil or gas and had to focus on developing other sectors of economy and have set as a priority the development of ICT sector. The purpose of my study was to find out who has performed better in developing the ICT sector from exSoviet republics, what is the correlation between the ICT sector development and the abundance in natural resources. Will the thesis that countries rich in natural resources are less open to knowledge and innovation be confirmed?

Suggested Citation

  • Valentina Botan, 2015. "Post-Soviet countries: the journey from resource-driven economies to knowledge based-economies. Focus on ICT sector," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 9(1), pages 15-24, June.
    • Handle: RePEc:rse:wpaper:v:9:y:2015:i:1:p:15-24
    as

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    References listed on IDEAS

    as
    1. Anna Sabadash, 2013. "ICT Employment Statistics in Europe: Measuring Methodology," JRC Research Reports JRC84122, Joint Research Centre.
    2. Jeffrey D. Sachs & Andrew M. Warner, 1995. "Natural Resource Abundance and Economic Growth," NBER Working Papers 5398, National Bureau of Economic Research, Inc.
    3. Alexeev, Michael & Conrad, Robert, 2011. "The natural resource curse and economic transition," Economic Systems, Elsevier, vol. 35(4), pages 445-461.
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    6. Ms. Katerina Kalcheva & Nienke Oomes, 2007. "Diagnosing Dutch Disease: Does Russia Have the Symptoms?," IMF Working Papers 2007/102, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    ICT sector; post-Soviet countries; natural resources; Dutch disease; resource-driven economies;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • P27 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Performance and Prospects

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