After more than a decade of strong growth, interrupted only by the 2008-2009 global financial crisis, Belarus’ economy has encountered major headwinds. Since 2012, growth has stalled, macroeconomic imbalances...
Policies to support domestic demand and commodity exports helped accelerate cyclical recovery in 2018. External demand volatilities and structural weaknesses of the state-owned enterprise (SOE) sector...
Aggregate economic indicators, such as gross domestic product (GDP) growth, do not reflect distributional inequalities. In Belarus, inequalities in distribution are mainly linked to intergenerational and...
Improvements in the external environment, including improving economic conditions among the main trading partners and higher commodity prices led to modest economic recovery in Belarus in 2017, driven...
National Wealth is an important indicator of economic development—it shows if the national portfolio of assets is balanced to support gross domestic product (GDP) growth in the long-term. While Belarus...
This report argues that Moldova’s government could reduce fiscal risks to the economy by reducing the size of spending and improving its efficiency, making the tax system simpler, with fewer tax preferences...