Republic of Belarus: Selected Issues

International Monetary Fund

No 2004/139, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper describes labor market trends in Belarus and the role of labor market institutions in the outcome. The paper examines the current status of the tax system in Belarus and assesses recent efforts to reform it. It argues that the current tax system in Belarus is distortionary, and that it weakens the competitiveness of the economy. The paper also provides preliminary estimates of the pass-through from the nominal exchange rate (for the U.S. dollar and the ruble) to inflation in Belarus.

Keywords: ISCR; CR; Belarus; state; wage; pass-through coefficient; year-on-year inflation; bank supervisor; nonviable bank; wage regulation; Commercial banks; Exchange rates; Inflation; Employment; Eastern Europe; Baltics; Central and Eastern Europe (search for similar items in EconPapers)
Pages: 47
Date: 2004-05-19
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Citations: View citations in EconPapers (1)

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