Why Belarusians Would Not Be Capable of Repeating the South Korean Path and Fall Into a Development Trap?

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By now it is becoming clear that the Belarusian authorities continue postponing politically risky economic reforms and see their consolidated, and repressively -capable state apparatus as a comparative advantage in managing the economic institutional change once it starts. This process unfolds as Russia is constantly increasing its pressure on Belarus concerning broad-scale economic reforms. Furthermore, it is becoming clearer that the reform process is unlikely to be opened to the broad public: accountable reforms go against the rational corporate interests of Belarusian and Russian political and economic elites.
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Last updated 06.10.2015
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