We have conducted the number of interviews with female entrepreneurs and top managers of Belarusian companies.

We do not know about: how effective are Belarusian enterprises, what is the share of state enterprises in the economy, what is the difference between private and state enterprises, what is the distribution of labor, capital and materials among firms. This work is an attempt to answer these questions using the data on JSCs.

The development of a private sector and the expansion of its role in the economy is one of the key goals repeatedly announced by the Belarusian authorities. The reforms carried out in Belarus in 2006-2014 moved the country from 106th to 57th position in the World Bank Doing Business ranking. The official statement is that reforms boosted the rapid development of business initiatives and its impact on economic development.

This work studies the impact of all the three groups of factors on the development of business activities in Belarus.

The research was focused on business associations (hereinafter referred to as BA) in Belarus.