Bakanova, Marina; Estrin, Saul; Pelipasʹ, Igorʹ V.; … - 2006
previous reform efforts and led away from rather than towards a market economy.
Economic policy in Belarus since 1995 has …
investment has played no significant role as yet in Belarus’s economic development: FDI is
negligible and only around 5% of … improved performance. This
suggests that the policy environment is particularly unattractive to potential foreign investors …