Kateryna Bornukova| 30.11.2016Restructuring of Belarusian SOEs
This work suggests steps for reforming of Belarusian SOEs in order to find new sources of growth. Major mechanisms of efficiency increase are introduction and improvement of corporate governance, privatization/ attraction of investors, and bankrupcy and liquidation.
Kateryna Bornukova|Dzmitry Kruk|Gábor Hunya|Rumen Dobrinsky|Olga Pindyuk|Amat Adarov|Peter Havlik| 10.11.2016The Belarus Economy: The Challenges of Stalled Reforms
wiiw and BEROC study finds that the transition model of the past quarter century has reached its limits, and argues that policy changes are necessary if the system is to survive.
Dzmitry Kruk|Kiryl Haiduk| 11.03.2013The Outcome of Directed Lending in Belarus: Mitigating Recession or Dampening Long-Run Growth?
This study analyzes the effects of directed lending upon total factor productivity and GDP growth in Belarus over the period of 2000–2012.
Dzmitry Kruk| 11.08.2011The Impact of Directed Lending on Long-Run Growth in Belarus
The study deals with a specific form of financial repression peculiar to Belarus – a mechanism of directed loans.