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

Opening of the Belarusian economy as a source of economic growth

Authors: Leonid ZLOTNIKOV Candidate of Economic Sciences, Associate Professor U. Alex AKULICH Candidate of Economic Sciences, Associate Professor Annotation. The article gives an assessment of the GDP change under different options of integrating Belarusian economy into the international division of labor based on the developed optimization model using inter-industry balance data. The objectively determined estimates […]

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 […]

That is not the solution

The president of Belarus once again took up arms against imports at the beginning of April. Candidates of economic sciences Leonid Zlotnikov and Vladimir Akulich in a regular issue of  ‘The Bank Messenger’  have laid out in figures, why the strategic problem of the re-industrialization of the country and increasing competitiveness should be solved in […]