01889cas a2200265 a 4500 AALejournalIMF006186 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451874228 1018-5941 BD-DhAAL BD-DhAAL Espinosa-Bowen, Jaime. How Russia Affects the Neighborhood : Trade, Financial, and Remittance Channels / Jaime Espinosa-Bowen, Nadeem Ilahi, Fahad Alturki. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (25 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We test the extent to which growth in the 11 CIS countries (excluding Russia) was associated with developments in Russia, overall, as well as through the trade, financial and remittance channels over the last decade or so. The results point to the continued existence of economic links between the CIS countries and Russia, though these links may have altered since the 1998 crisis. Russia appears to influence regional growth mainly through the remittance channel and somewhat less so through the financial channel. There is a shrinking role of the trade (exports to Russia) channel. Russian growth shocks are associated with sizable effects on Belarus, Kazakhstan, Kyrgyz Republic, Tajikistan, and, to some extent, Georgia. Mode of access: Internet Alturki, Fahad. Ilahi, Nadeem. IMF Working Papers; Working Paper ; No. 2009/277 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/277/001.2009.issue-277-en.xml IMF e-Library