• Macrocenter - Macroeconomic Research Center
  • 18/01/2021

Debt trap

Belarus has been accumulating external debt of $23 billion for 5 years in the second half of the noughties. In the first five-year period of the 2010s, another $12 billion. The peak of the debt of $41 billion fell at the beginning of the recession in 2014. Over the past 5 years, debt has declined […]

Flight on one wing

Stagnation persists in the economy of Belarus. A small increase in GDP is due to domestic consumer demand. External demand (net exports) makes a negative contribution. Domestic investment demand does not affect the rate of economic growth. Recently, a small increase in the economy of Belarus is supported by one component – an increase in […]