Belarus is considered to be the last authoritarian state in Europe. Since 1994, veteran autocrat Alyaksander Lukashenka … the 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 structural recessions. Since 2015, the Belarusian government and the National Bank of Belarus have been giving …-2018 than in the previous 24 years since 1991. As the relative welfare level in Belarus is currently 64% compared to the Central … and Eastern Europe (CEE) countries average, Belarus needs to build stronger fundaments of sustainable growth by continuing …

The last decade in Belarus was marked by an average economic growth rate of close to 8 percent annually and an …. Macroeconomic adjustment which effectively combats the sources of external imbalances in Belarus is a critical and necessary, but … support the underdeveloped private sector and the services sector. By successfully overcoming these challenges, Belarus will …

This paper focuses on the 2012 Article IV Consultation and Second Post-Program Monitoring Discussions with Belarus …