Policy papers - applied research on economics that is practically oriented to form a strategy for promoting economic growth and improving the quality of economic policy in Belarus.
Development of the P2P Lending Market: Peculiarities of Functioning and International Experience of Development
The paper is devoted to the P2P lending companies’ activities. The paper gives the definition of crowdlending (P2P lending), describes specific features of this activity and presents its main advantages and disadvantages. The research defines the types of P2P lending and describes the main models of the crowdlending online platforms’ functioning.
| 12.02.2019
Education of children and parents: intergenerational mobility and impact on income
Improving quality of education led to the reduction of the social inequality and growth of equal opportunities in many countries. This policy paper examines the issue of intergenerational mobility in Belarus and looks at to what extent the level of parental education impacts on the income of individuals. The results reflect high and significant level of social mobility in the country for all age cohorts. In general, there is a significant growth in the educational level of the younger generation in relation to their parents.
Yauheniya Shershunovich|Irina Tochitskaya| 22.01.2019
On the Way to a Circular Economy: Monitoring Belarus’ Progress Based on the EС Framework
This paper presents an assessment of Belarus’ progress on the way to the circular economy as compared to a number of the European countries. The monitoring framework proposed by the European Commission is chosen for these purposes, since its indicators capture the key elements of a circular economy, have a high degree of practical application, are easy to analyze and informative. The existing system of recording in Belarus does not permit to calculate some indicators used by the European Commission.
Modernization and development of Belarusian higher education institutions based on the entrepreneurial university framework
The policy paper considers prerequisites and factors conditioning the development of entrepreneneurial higher education institutions (universities 3.0) in Belarus. Capitalizing on state-of-the-art academic research and policy initiatives in the field, as well as on the custom-made survey of Belarusian faculty members, the paper analyses the environment for higher education institutions' modernization and provides policy recommendations.
20.12.2018
Perspective and Challenges for Belarus’ Economy in the Medium-Run (2018-2020)
This policy paper deals with the perspectives of the national economy development in 2018-2020. The study emphasizes that fluctuations around equilibrium growth rate is the most likely scenario. The study uses the estimate of 2.5% of equilibrium growth rate for Belarus, which is a compromise among different approaches and methodologies. The scenario of higher growth may become possible due to positive external shocks. However, even in case of permanently strengthening external environment, the growth rate of the national economy is still likely to be unsustainable.
Nadezhda Batova|Pyotr Sachek|Irina Tochitskaya| 20.12.2018
On the Way to Green Growth: Window Opportunities of Circular Economy
The paper deals with opportunities of circular economy for ensuring green growth. Analysis and comparison of concepts of sustainable development, green and circular economy revealed that despite similarity there is a differences in ways of their implementation. It is shown that the green economy is one of a tool for achieving sustainable development, and the circular economy acts as a practical way of putting it into effect. The concept of circular economy is interlinked with various scientific schools of environmental economic system, each of which can be considered as directions of its development.