In 2013 inflows of foreign investments in Belarus remained almost negligible. The official attitude to privatization remained unchanged, which is why there were almost no privatization deals in Belarus in 2013. This makes foreign loans the main source of inflow of foreign capital to the country....

This paper analyses the impact of foreign direct investment (FDI) on economic performance using the Belarusian industrial aggregated panel data over the 2002-2009 period. The paper didn’t reveal any general influence of FDI on the economic performance. However, a very diverse FDI impact at the...

There are three groups of factors that might affect the development of entrepreneurship. The first one includes institutional factors: economic, political and legal institutions that stimulate or hinder the development of the private sector. In particular the literature emphasizes the role of...

When it comes to Belarusian efforts to attract foreign investments, the year 2010 looked a lot like the previous year. Foreign capital inflow kept growing at a slow pace; there were no major privatization deals, as the state is still unwilling to put up for sale large property units and is...

The labour market plays an important role in the Belarusian economy. It is characterized by state dominance, as the private sector is relatively small, and overregulation. The policy of sustaining low wage disparities and excessive employment allows the authorities to eliminate inequality and...