The new old choice for economic policymakers in Belarus

Alexander Chubrik

No 8, CASE Network E-briefs from CASE-Center for Social and Economic Research

Abstract: In 2011, the Belarusian ruble lost nearly 2/3 of its value. In December, the inflation rate approached 110% yoy. At the same time, the economy grew by 5.3% that year and continued with 3.6% yoy growth in January 2012. Is this a sign of economic recovery? Will it turn into sustainable growth? Or has the country exited from the crisis at all? To address these questions, CASE Fellow and Director of the IPM Research Centre in Minsk Alexander Chubrik looks at the roots of the 2011 crisis and compares them with the features of the long-lasting period of economic growth in Belarus.

Keywords: Trade; economic integration and globalization; Eastern Europe; Caucasus and Central Asia; Belarus (search for similar items in EconPapers)
Pages: 4 Pages
Date: 2012-04
New Economics Papers: this item is included in nep-tra
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:sec:ebrief:1208

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