What was the GDP growth in the Soviet Union?
GDP growth for the Soviet Union in that period was 2.36% vs 2.00% for the West. But when controlling for those variables, the predicted growth for the Soviet Union jumps to 4.7%.
Which is the best of the former Soviet republics?
Belarus has retained closer political and economic ties to Russia than any of the other former Soviet republics. This in part explains why it has remained above average in terms of GDP per capita.
How many former Soviet republics are there now?
It was conceived as a successor organization to the USSR, and in December 1993 it included 12 of the 15 former Soviet republics (except the three Baltic states). It currently consists of nine of the 15 former Soviet republics, with one associate state ( Turkmenistan ).
Who are the successor states of the Soviet Union?
The post-Soviet states, also collectively known as the former Soviet Union (FSU) or former Soviet Republics, are the states that emerged and re-emerged from the Union of Soviet Socialist Republics in its breakup in 1991, with Russia internationally recognised as the successor state to the Soviet Union after the Cold War.
Are there any post Soviet states in the world?
The post-Soviet states listed according to their Human Development Index scores in 2018 (the report was launched in December 2019). A number of regional organizations and cooperating blocs have sprung up since the dissolution of the Soviet Union.
How did the USSR compare to other countries?
The USSR never did really compete in the same league as the US, and the gap between the two didn’t became narrower after the USSR began, even when taking into account that poorer countries tend to grow faster when they industrialise. We can then compare the USSR with other countries that had similar incomes in 1930.