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How to Make Belarusian Privatisation More Sensible
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Belarus will need to pay over $3 billion this year to serve its mounting external debt. This payment is more than twice than in 2012. In the absence of significant foreign investments and additional Russian subsidies, Belarusian authorities may have...
9 January 2013
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Belarus Leads the CIS in 2013

Belarus assumed the presidency in the Commonwealth of the Independent States (CIS) on 1 January 2013. This is the international organisation which was intended to replace the Soviet Union in 1991. For politicians who formed their vision in the Soviet Union, the...

7 August 2012
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Belarusian Solvents: A Tricky Path to Economic Growth

Despite the proclaimed common Russia-Belarus way to prosperity within the Customs Union, neither country is ready to sacrifice individual economic interests for this cooperation.  On 24 July Russia stopped railway deliveries of straight-run gasoline – the main raw material...

2 April 2012
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Trade Wars with Russia: from Sugar to Airlines

Last Monday, flights between Minsk and Moscow suddenly stopped. Russia has recalled the licence for flights to Russia from Belavia, the Belarusian national airline. The Belarusian side responded by cancelling the licences of the Russian companies. A new trade...

30 January 2012
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Belarus as the Biggest Beneficiary Of The Eurasian Integration?

On 24 January the Eurasian Development Bank released an interesting report on the prospects of Eurasian economic integration. The report presented the findings of a research project conducted by a group of Russian and Ukrainian economists under the aegis...

25 January 2012
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WTO v. Customs Union: Russia Decides

As Russia is finalizing the terms of its accession to the World Trade Organization, Belarus struggles to understand what this accession will mean to it.  The question is difficult and important because Belarus closely cooperates with Russia as member...

23 November 2011
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The Hidden Problems of the EurAsian Union

On 18 November presidents of Belarus, Kazakhstan and Russia met in Moscow and launched the Single Economic Space. They also signed the Treaty on the Eurasian Economic Commission. If three countries ratify these acts in the near future, on 1 July 2012...

16 November 2011
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Belarus-Russia: Optimistic Rhetoric and Unsolvable Contradictions

Last month Vladimir Putin published an article dedicated to the integration of the post-Soviet space in a major Russian daily, Izvestiya. Among other things, Putin underscored that Russia does not propose to restore the Soviet Union. However, he noted that...

11 November 2011
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Is the Customs Union Good for Belarus?

On 4 November Alyaksandr Lukashenka declared that Belarus and Russia were close to reaching a new agreement on natural gas supplies for 2012. He also expressed confidence about the probability of coming to an agreement with Russia on equal prices...

8 June 2011
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Automobile Rebellion in Belarus?

Yesterday, several hundred car drivers participated in a mass protest action called “Stop Gasoline” against the rising fuel prices in the Belarusian cities of Minsk, Homel, Brest and Mogilev. Following the call of the automobilist organization “Za-Avto”, drivers

28 May 2011
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Lukashenka’s Prisoners Dilemma

As the economic crisis deepens, Belarusian authorities have become increasingly worried about possible social unrest. There are good reasons for them to worry. Not only is the country in the midst of the worst economic crisis in its modern...