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disparate actions of political parties and sector institutions. Ambitious targets for electricity access, liberalization, and …
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been low investment, held back by lack of strong and independent institutions. This paper aims to assess the major areas of … economic institutions and market development. Our analysis identifies the legal system as the area where the institutional …
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Belarus was among the few post-communist countries to resign from comprehensive market reforms and attempt to improve the efficiency of the economy through administrative means, leaving market mechanisms only an auxiliary role. Since its inception, the 'Belarusian economic model' has undergone...
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