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

The number of people employed in the economy of Belarus is expected to continue to decline. A steady decline continues throughout this decade. The main reason is the demographic transition caused by the aging of the population. Its active phase will end in the mid 2020s. Another reason is the negative migration balance. As a result of a disastrous decade in terms of GDP and income growth rates, many Belarusians of working age leave for neighboring countries to work. At the same time, strict immigration legislation does not allow compensating for this outflow by attracting labor immigrants.

Author:  U. Alex Akulich

Full text of the article on Ekonomika.by

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