The trade wars following the 2014 events in Ukraine affected not only the directly involved participants, but also countries like Belarus that were affected through international trade linkages. According to estimations based on a model outlined in Ossa (2014), these trade wars led to an increase in the trade flow through Belarus and thereby an increase of its tariff revenue. At the same time, because of a ban on imports in the sectors of meat and dairy products, the tariff revenue of Russia declined.

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.

This paper surveys implementation mechanisms and effects of privatization, the reform of corporate governance of SOEs, and the reform of bankruptcy procedure.

Public Sector Performance Index (PSP) and Public Sector Efficiency Index (PSE) are the most accessible ways to estimate the comparative efficiency of public finance on the macroeconomic level. We construct PSP and PSE indices for Belarus and find that the efficiency of public expenditures in Belarus is high compared to other post-Soviet economies.

This paper analyzes the international experience of functioning unemployment insurance systems and possibility of their application in Belarus.

This paper analyzes the effects of child-care leave and maternity capital policies, and provides recommendations for Belarus.