This chapter takes stock of growth trends in Belarusian economy since 1996, reviews the evidence of accumulated challenges and risks within the existing growth patterns, and provides policy recommendations aimed at strengthening growth sustainability. In sum, while economic growth in Belarus in...

Supportive institutional environments help build the foundations for innovative and productive entrepreneurship. A few post-Soviet countries have benefitted from international integration through EU membership, which enabled the development of democracy and free market principles. However, many...

Governments foster conducive conditions for entrepreneurs through functioning free markets and good governance. In most post-Soviet countries, these conditions are still missing. Lack of political will combined with a detrimental Soviet legacy towards entrepreneurs continues to stunt...