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The autumn of liberalisation – digest of the Belarusian economy
On 26 September 2017, Belarusian officials declared plans for the liberalisation of the economy by developing a new decree on freeing up Belarusian entrepreneurship. Moreover, on 28 September, the First Deputy Prime Minister of Belarus Vasily Matyushevsky announced the...
30 August 2016
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Testing the Limits of Investment Crisis – Belarus Economy Digest

On 25 August 2016 the National Statistic Committee of Belarus (Belstat) publicised new macroeconomic data for July, which showed that the economy is suffering from a lack of investment flows. Meanwhile, according to the National Bank of Belarus the continuing...

8 April 2016
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Upgrading Relations with Europe, Winning in an Embassy Row – Belarus Foreign Policy Digest

In recent weeks, Belarus managed to noticeably upgrade the level of its relations with EU countries. However, the ministerial-level meetings have been limited to Belarus’ long-time sympathisers in Europe (Hungary and Slovenia) as well as its closest neighbours (Poland). The...

24 July 2015
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Will an Economic Downturn Cause Unrest Ahead of Elections?

On 2 July Belarus witnessed a rather unusual show – 200 Chinese workers marched dozens of kilometres towards the city of Homiel in protest against wage arrears and poor working conditions. These foreign workers are currently employed by the...

10 July 2015
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Investment Climate in Belarus: Room for Growth

On 9 July General Motors and JV Unison signed an agreement to assemble Chevrolet Tahoe and Cadillac Eskaleyd automobiles in the Minsk region. From the beginning of the year, several international fast food chains have announced a desire to open...

31 October 2014
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Toilet Paper-free Sausage, Journalists Fined, Potential Russian Pork Ban – Western Press Digest

The Belarusian economy received the brunt of the Western press' attention in October. Belarus is apparently looking to continue exporting sanctioned EU foodstuffs to Russia, while Russia is trying to stop it from entering the country. The IMF is...

8 April 2013
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Belarusian Economy in March: Warming Up

Amidst the snowy spring of 2013, the National Bank of Belarus finally gave up on its attempts to maintain macroeconomic stability and turned its attention to the real sector.   The National Bank began carrying out a policy of providing...

28 March 2013
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Construction Boom in Minsk: Happy Businessmen and Unhappy Public

On 13 March, Belarus hosted a high level guest – Serbian president Tomislav Nikolić. Nikolić and Serbian businessman Dragomir Karić symbolically launched a new construction project near national library. Today Serbian company Astra Investment is one of the largest investors in...

13 February 2013
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Modernization Traps for Belarus

The Belarusian government has announced its plans to modernise the national economy. However, the content of the policy package is far from clear. Given the experience accumulated by Belarus and other transition economies, there are reasons to warn about...

23 November 2012
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Innovations in Belarus: When Dreams Come True

In the recently released state budget of Belarus for 2013, support of science features among the top priorities. This could signify a change of policy because for years state financing of science has been unacceptably low. Even with the increase in...

24 October 2012
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Belarus Investment Climate After Spartak and Kommunarka

According to Doing Business 2013, Belarus is now on the highest level in its history. It occupies the 58th place out of 185  countries. Last year the World Bank named it among the quickest reformers on the way to the...

16 March 2012
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Business Climate in Belarus: Pessimism Prevails

Belarusian government recently reaffirmed its desire to become a top-30 nation in the World Bank’s Doing Business Report. To assess how well local authorities across the country pursue this goal a number of Belarusian organisations organised a special competition –...