In the article the changes in the Belarusian standard of living over the past ten years are considered and a decline therein observed in 2011 that was caused by a price surge and foreign exchange market woes is analyzed. The author has produced recommendations on streamlining the income policy...

The paper presents a model of foreign exchange integration in the post-Soviet countries. The author considers the possibility of introducing a supranational unit of account in the most economically integrated countries in the medium term, namely Belarus, Kazakhstan and Russia.

The economic development requires the establishment not only banking structures but other financial institutions. However,this process will be associated with problems as far as the households nowadays are insufficiently informed about the processes occurred in the economy as a whole and in the...

Considering that construction is one of stimulators of economic growth in the country, it is necessary to understand the basic problems in the field of attraction of investment means in the given sphere. The author examines the role of surety as one of the means of securing housing credits as...

The paper lists reasons for participation of the Republic of Belarus in economic integration in the territory of the Former Soviet Union. The author looks at the prospects of convergence in economic and monetary spheres of the CIS member states.

Considering that construction is one of stimulators of economic growth in the country, it is necessary to understand the basic problems in the field of attraction of investment means in the given sphere. The author examines the role of surety as one of the means of securing housing credits as...

It has been hypothesized that the rising obesity rates in many countries are an unintended consequence of anti-smoking policies. However, evidence of a causal effect of smoking on body weight is mixed. Using a large nationally representative survey from Belarus, we estimate the effect of the...

Income and consumption inequality increased in all transition economies, albeit to very different levels. The existing literature suggests that countries that were slow to undertake pro-market reforms experienced the largest in- creases in inequality, with the notable exception of Belarus, one...

In many post-Soviet countries, more than half of all households use small land plots to produce significant agricultural output even though their members have paid jobs or collect state pensions. Existing studies suggest that in Russia such “second agriculture” helps smooth consumption....

This study analyzes the effects of directed lending upon total factor productivity and GDP growth in Belarus over the period of 2000-2012. In theory, directed lending can enhance physical capital accumulation and make the access to credit easier, but empirical studies often show that it leads to...