Additional materials

01 march 2017 Alexander Chubrik

A few remarks on the Decree #3

What was the purpose of the Decree #3 that involved the government machinery at all levels into solution of the problem that have not existed before its adoption?

16 january 2017 Alexander Chubrik

KEF-2016 "Reforms for Inclusive Growth": Key Findings and Recommendations

The material was prepared by Alexander Chubrik based on the speeches of "Reforms for Inclusive Growth" conference that took place in Minsk on November, 3-4 2016 within Kastryčnicki Ekanamičny Forum.

05 november 2016 Mark Allen

Belarus and the Advice of IFIs

Speech of Mark Allen at the conference KEF-2016 ”Reforms for Inclusive Growth”, November 3–4, 2016.

Effect of Certain Social Policy Measures on Welfare of Socially Vulnerable Groups

This work assesses the effects of potential social policy reforms, the need for which is due to negative demographic and economic trends, on the welfare of socially vulnerable groups and the population of Belarus as a whole. Based on a sample survey of households in 2007-2012, the study models possible changes in the disposable resources of the population as the result of parametric reforms in the pension system (raising the retirement age and switching to the indexation of pensions for inflation), raising housing and utility services rates, and eliminating privileges. According to the results obtained, the reforms under consideration would in most cases substantially worsen the financial condition of a number of socially vulnerable groups: single-parent families, retirees and one-member households.

02 october 2015 Dzmitry Kruk

Macroeconomic problems of Belarus: This time is different

In the last 7–8 years, some stereotypes have been formed when discussing the economic policy in Belarus. However, the situation seems to have been changed considerably.

Will Belarus fully benefit from the Eurasian Economic Union?

On January 1, 2015, the Eurasian Economic Union (EEU) of Belarus, Russia, Kazakhstan, and Armenia was officially launched. Built on the vague and short free-trade experience of the Customs Union of Belarus, Russia, and Kazakhstan (only in operation since July 2011), the future of the EEU is by no means assured. In particular, the EEU seems to lack two key preconditions of economic integration, namely economic policy convergence and institutional support. Current trends in trade, labor, and capital flows between Belarus and other EEU countries leads us to conclude that the potential benefits for Belarus from EEU membership do not trigger economic growth, but rather sustain structural problems of Belarusian economy.

16 july 2015 Alexander Chubrik

Reform 3.0: Making Belarusian transition happen

The problems of trust, inefficiency of partial fixes, existence of reform’ winners and losers – all these issues make an open communication about a reform package a fundamental precondition of its successful implementation.

24 april 2015 Alexander Chubrik

Don’t let the money to mess up the reforms: Few notes on the new round of Belarus – IFIs negotiations

Last week the Belarusian delegation represented by top economic officials attended the Spring Meetings of the World Bank Group and the International Monetary Fund.

22 april 2015 Darya Uryutina

The draft directive on the development of entrepreneurship: old declarations or new solutions?

In March 2015 the Ministry of Economy issued a draft directive "On additional measures for the development of entrepreneurship initiatives and promote business activity in the Republic of Belarus" for public comment. This directive is intended to "give a new impulse implementation for principles laid down in Directive № 4." Directive № 4 on December 31, 2010, in turn, involves a number of steps towards liberalization of economic activity and "in the end - the creation of a barrier-free business environment." New draft directive largely echoes the contents of the previous document. Most of the provisions of the Directives largely overlap, some of them are not presented in the documents as separate provisions, and as a sub, but substantively they coincide.

03 november 2014

Perceptions of corruption by Belarusian small and medium businesses

The paper deals with different definitions of corruption, traditional methods of assessment in the context of international comparisons showing the effect on economic development and describes some of the best anti-corruption practices.