Download or read book Modeling Economic Growth in Contemporary Belarus written by Bruno S. Sergi and published by Emerald Group Publishing. This book was released on 2019-11-08 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1991, the eyes of the world have been on the economic growth and development of the states that formerly made up the Soviet Union. Looking at Belarus’s industrial structure, economic growth, and economic prospects, this edited collection analyses why Belarus is considered ahead of many of its neighbour states in terms of human development.
Download or read book Belarus Economic Trends written by and published by . This book was released on 1999 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Republic of Belarus written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-05-17 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues Paper presents an analysis of Belarus-specific conditions and cross-country research, and proposes a roadmap for real-sector reforms. It highlights distortions resulting from the government’s interference in the economy, and presents an overview of economic benefits of deregulation, labor market liberalization, and enterprise reform. The paper also provides estimates of potential gains for Belarus from conducting structural reforms, and offers a blueprint for restructuring while minimizing the risks of resource dislocation.
Download or read book Belarus Economic Trends written by and published by . This book was released on 1996 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Belarus written by International Monetary Fund and published by International Monetary Fund. This book was released on 1996-09-23 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews economic developments in the Republic of Belarus during 1994–96. After several years of efforts at structural reform and stabilization during which little progress was made, following presidential elections in mid-1994, the authorities adopted a wide-ranging adjustment program aimed at reducing inflation, increasing the market orientation of the economy, and creating the conditions for a resumption of economic growth. The reform program was reinforced in the first half of 1995, and key macroeconomic data for 1995 show that the program has had some success.
Download or read book Republic of Belarus written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2014-07-25 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper on Belarus examines wage setting, the role of wage targets, as well as wage dynamics, and the relationship with productivity. It finds that wage targets set by the government appear to be the key driver of rapid wage growth. Little regional and sectoral variation also suggests close adherence to official targets and a high degree of government control. Wage growth has outpaced productivity growth as the targets do not take productivity developments into account. In order to resolve these issues, in the short run, the authorities should aim for wage restraint to contain domestic demand and improve competitiveness. More generally, wage targets should be phased out to make way for more market-oriented wage-setting mechanisms. This should be complemented by deeper structural reform, dismantlement of the wider system of mandatory economic targets. wage targets should be eliminated as they restrict the flexibility to respond to market conditions. However, reform of wage setting will not be enough on its own and should be complemented by further structural measures to remove other distortions, such as direct and indirect subsidies to state-owned enterprises, which allow them to generate profit while at the same time maintaining excess employment.
Download or read book Republic of Belarus written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2015-05-29 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes the causes of the high inflation in Belarus. It estimates the contribution of two factors: (1) exchange rate pass-through and (2) administrative price increases. Residual inflation is used as a gauge for inflation caused directly by demand pressures and inflation expectations. It is found that the administrative price increases are a key driver of inflation, even ahead of demand pressures, which also explain a large share of inflation. Although exchange rate pass-through is found to be high and fast, particularly for unregulated prices, its contribution to inflation has been comparatively modest in recent years owing to the stability of the exchange rate.
Download or read book Country Report written by and published by . This book was released on 2001 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Belarus written by Weltbank and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This Country Economic Memorandum (CEM) for the Republic of Belarus takes stock of the growth trends in the country's economy since 1996, reviews the evidence of the accumulated challenges and risks within the existing growth patterns, and provides recommendations aimed at strengthening growth sustainability. In sum, while economic growth in the last nine years has been impressive, the report argues that maintaining the current growth strategy would lead to a gradual erosion of economic competitiveness. The government should make significant policy adjustments by reorienting its policies toward ensuring a better business environment, and a smaller sized government. Current international and domestic environment are favorable for supporting a policy shift toward the acceleration of structural reforms. At the moment, the government is well equipped to mitigate the potential costs of these reforms, because the policy settings are largely determined by the growing economy, the positive trends in both the enterprise and the household sectors, favorable developments in the global economy, low debt, and the strong administrative capacity of the state. This situation could change: various pressures might become stronger, and then these same reforms would become politically more costly, and fiscally more risky. In short, the current window of opportunity should be used to ensure that the authorities' growth and poverty objectives are sustainable in the medium to long terms. The analysis in this report has documented a significant and broad-based growth, while pointing to the erosion of several important factors that have driven this growth recently. The Belarusian economy is facing a considerable risk of declining competitiveness. To sustain growth, a significant policy adjustment is necessary to enhance market discipline, and encourage new business entry.
Download or read book The Behavioural Economics of Belarus written by Kiryl Rudy and published by Cambridge Scholars Publishing. This book was released on 2020-10-12 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a unique study of a transition economy, using the little-known case of Belarus, a country “trapped in transition” from state capitalism to market economy. The first of its kind, this book explains how decisions are made by economic authorities and businesses in this developing country. It proves that, in order to boost economic reforms, the Belarusian government needs to rely on the support of the high-income public.
Download or read book Belarus written by Weltbank and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This Country Economic Memorandum (CEM) for the Republic of Belarus takes stock of the growth trends in the country's economy since 1996, reviews the evidence of the accumulated challenges and risks within the existing growth patterns, and provides recommendations aimed at strengthening growth sustainability. In sum, while economic growth in the last nine years has been impressive, the report argues that maintaining the current growth strategy would lead to a gradual erosion of economic competitiveness. The government should make significant policy adjustments by reorienting its policies toward ensuring a better business environment, and a smaller sized government. Current international and domestic environment are favorable for supporting a policy shift toward the acceleration of structural reforms. At the moment, the government is well equipped to mitigate the potential costs of these reforms, because the policy settings are largely determined by the growing economy, the positive trends in both the enterprise and the household sectors, favorable developments in the global economy, low debt, and the strong administrative capacity of the state. This situation could change: various pressures might become stronger, and then these same reforms would become politically more costly, and fiscally more risky. In short, the current window of opportunity should be used to ensure that the authorities' growth and poverty objectives are sustainable in the medium to long terms. The analysis in this report has documented a significant and broad-based growth, while pointing to the erosion of several important factors that have driven this growth recently. The Belarusian economy is facing a considerable risk of declining competitiveness. To sustain growth, a significant policy adjustment is necessary to enhance market discipline, and encourage new business entry.
Download or read book Country Profile written by and published by . This book was released on 2001 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Republic of Belarus written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-04-30 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Download or read book Belarus at a Glance written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The World Bank Group provides a comparative chart of economic trends in Belarus. The chart features data for such areas as key economic ratios and long-term trends, prices and government finance, trade, and balance of payments. The data is primarily for the years 1990, 1999, and 2000. The World Bank Group also offers statistics for the year 2000 related to poverty and social trends in the country compared to those of Europe and Central Asia as a whole. The information is available in PDF format.
Download or read book Republic of Belarus written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2019-01-17 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Belarusian economy is in a cyclical recovery, inflation is at historically low levels and the exchange rate has been broadly stable. Although macroeconomic policy frameworks have improved, there is a need to reduce deep seated vulnerabilities such as rapidly rising public debt, high dollarization, and limited trade and financing diversification. In addition, reforms of the large state-owned enterprise sector are critical to tackle inefficiencies and increase potential growth. Risks ahead are elevated; notably, Belarus could lose significant oil-related discounts and transfers due to internal tax changes in Russia, but the authorities are confident of a successful outcome to the ongoing negotiations.
Download or read book Republic of Belarus written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2015-05-29 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2015 Article IV Consultation highlights that Belarus continues to be highly vulnerable to economic shocks, as was illustrated by the turbulence in foreign exchange and debt markets in late 2014. Frequent bouts of expansionary macroeconomic policies, in a context of deep structural rigidities, have fueled inflation and external imbalances and left Belarus dependent on ad hoc external support. In 2015, growth has slowed sharply as high uncertainty, reductions in real incomes, administrative measures, and declining trade with Russia weighed on activity. The outlook is for a recession and continued external pressures. With Russia in a downturn, the Belarusian economy is projected to contract by 2.25 percent in 2015, led by falling exports.
Download or read book Belarus Economic Trends written by and published by . This book was released on 1998-12 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
