outlook. High financing needs and low buffers leave Belarus highly dependent on external financial support. The risk of …

This Selected Issues paper on Belarus examines wage setting, the role of wage targets, as well as wage dynamics, and …

KEY ISSUES Context: Belarus’ economic model continues to make it highly vulnerable to economic shocks. This was …

Republic of Belarus: Selected Issues …

The economic model of Belarus is increasingly untenable, resulting in poor policy outcomes. Strong and predictable … needed. The National Bank of the Republic of Belarus (NBRB) should tighten liquidity and stand ready to take further measures …

In 2009–2017, economies of Armenia, Belarus, Kyrgyzstan and Tajikistan lived through periods of adverse external and … following the sharp depreciation of the Russian ruble, led to fast growth of public debt in Armenia, Belarus, Kyrgyzstan, and …, Belarus, Kyrgyzstan and Tajikistan in 2009 2017 has identified a number of problems that may have certain negative …

Belarus is considered to be the last authoritarian state in Europe. Since 1994, Alexander Lukashenko (b.1954) has ruled … international relations of Belarus are confined to Russia, China, Venezuela and Cuba. However, despite these circumstances, Belarus … is the member of the United Nations Organization and the Commonwealth of Independent States. In 1999, Russia and Belarus …