economic growth
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Trust, institutions and economic growth in Belarus
Trust in society promotes cooperative behaviour outside the immediate neighbourhood and is to a certain extent associated with socio-economic development.
BEROC. Belarusian economic research and outreach center -
Macroeconomic forecast for Belarus, No. 1 (14), July 2017
The recovery will continue, yet slowly. Its pace will depend on the consistency of domestic macroeconomic policies, the implementation of agreements on the volume of imports of crude oil from Russia and the growth rate of the Russian economy.
Research Center of the Institute for Privatization and Management -
Causes and characteristics of the economic downturn in Belarus: the role of structural factors
This paper analyses the production downturn that started in Belarus in 2015. The paper shows that the economic recession is the result not only of cyclical fluctuations, but also the structural compression. Moreover, the structural component of the recession in 2016 began to dominate.
BEROC. Belarusian economic research and outreach center -
The anatomy of recession in Belarus
After impressive growth in the 2000s, Belarus’ economy has since the currency crisis of 2011 stalled. Structural issues – dominance of the state sector and directed lending practices – have made growth anemic.
BEROC. Belarusian economic research and outreach center -
Spatial wage inequality in Belarus
This paper studies the wage inequality in Belarus' districts from 2000 till 2015 following the multistep and multi-mechanism framework.
BEROC. Belarusian economic research and outreach center -
The Impact of Directed Lending on Long-Run Growth in Belarus
This paper deals with a form of financial repression specifically used in Belarus – the mechanism of directed lending.
BEROC. Belarusian economic research and outreach center -
Exchange Rates, Imports of Intermediate and Capital Goods and GDP Growth in Belarus
The paper analyses the short-term and long-term effects of the imports of intermediate and capital goods on Belarusian economic growth for the period 2005 to 2015 taking into account large upward and downward exchange rate adjustments of the Belarusian ruble.
BEROC. Belarusian economic research and outreach center -
The future of the system of direct lending in Belarus
This research note focuses on issues with the lending policy in Belarus and considers possible mechanisms for its reform.
BEROC. Belarusian economic research and outreach center -
Macroeconomic dynamics of Belarus in 2014: currency stress in the background of stagnation
Weak potential growth has sustained as the key challenge for Belarusian economy. In 2014, there has not been any substantial progress in this field, although the government declared a start in a preparatory stage for structural reforms.
BEROC. Belarusian economic research and outreach center