Monitoring. Briefs
05.06.2024
Expert Opinion. May 2024
The impact of the sanctions has turned out to be quite serious, although their impact on output has been less than expected when they were imposed. The Belarusian economy has demonstrated un-expected flexibility and adaptability, which has reduced visible economic losses. However, this situ-ation can hardly be called sustainable. In addition, the side effects of the mechanisms leveraged to mitigate the impact of Western restrictions are large.