Policy Papers

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.
Macroeconomic situation-2019: a typical year of stagnation
In 2019, the Belarusian authorities were trying to maintain an infirm balance between (1) the preservation of the economic model with a dominant role of state-run enterprises, (2) a comforting rate of output growth, and (3) macroeconomic and financial stability. No success was achieved, and one of the components had to be sacrificed.