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Illusions of power and stark realities: The second year of the economic crisis in Belarus. OSW Commentary Number 233 | 14.03.2017

Kłysiński, Kamil (2017) Illusions of power and stark realities: The second year of the economic crisis in Belarus. OSW Commentary Number 233 | 14.03.2017. [Policy Paper]

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    Abstract

    In 2016 the basic macroeconomic indicators of the Belarusian economy clearly proved that the Belarusian government failed to reverse the negative trends which occurred in 2015. The gap in the foreign trade balance grew, industrial production dwindled, foreign debt increased and the low foreign-exchange reserves continued. GDP fell for the second consecutive year and so it can already be stated that a long-term economic recession is setting in.

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    Item Type: Policy Paper
    Subjects for non-EU documents: Countries > Belarus
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for Eastern Studies (OSW) > OSW Commentary
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 30 Mar 2017 08:39
    Number of Pages: 7
    Last Modified: 30 Mar 2017 08:39
    URI: http://aei.pitt.edu/id/eprint/85764

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