BEROC started its work as joint project of Stockholm Institute of Transition Economics (SITE) and Economics Education and Research Consortium (EERC) in 2008 with financial support from Swedish International Development Cooperation Agency (SIDA). Today BEROC is an established leading economic academic think-tank in Belarus.

BEROC is a part of the research institutes network which includes SITE (Stockholm), BICEPS (Riga), CEFIR (Moscow), CenEA (Szczecin) and KSE/KEI (Kiev).