• Evidence Based Policy - Macroeconomic Research Center

A few days ago Belstat published quarterly data of level of real GDP for the 3rd quarter (in the average annual prices of 2014). These data are very important as it is the most correct to estimate dynamics of economic growth on change of the GDP levels calculated in real terms. Results of the analysis of the Macrocenter employees show that an exit from recession of Belarusian economy in 2017-2018 was almost completely caused by short-term factors of growth which have cyclic character.

Authors: Uladz Akulich, Julia Novikova

Full article on EKONOMIKA.BY

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