BEROC presents the Economic Outlook - the third and fourth quarters 2019.

Demographic policy, in particular measures for birth rate stimulation, has generated considerable discussion among experts and in the society that is due to notable decline in the fertility rate after 2016. Why after a decade of steady birth rate growth, Belarus finds itself again on the edge of demographic crisis and almost continuous "improvement of support measures for families with children" still have not made it possible to stabilize the fertility rate at the level of simple reproduction of the population?

The authors argue that low levels of corporate political participation can be rationalized by the financial incentives of employees and shareholders who are the ultimate source of corporate contributions. Since even large firm-level benefits are trivial for individuals with small equity-stakes, few people have sufficient incentives to contribute.

The aim of the work is to identify how the business in Belarus responds to the development of green and circular economy in the country and in the world. The research was conducted on the basis of the Executive MBA program of IPM Business School.