Belarus Business Barometer, October 2023 and wrong solution

Abba

No 508, CASE Reports from CASE-Center for Social and Economic Research

Abstract: The report explores how the political unrest in Belarus, especially after the disputed presidential elections in August 2020, led many businesses to leave the country. It discusses the difficulties these businesses faced, like more government scrutiny, fewer customers, and limited chances to grow. After Russia’s invasion of Ukraine in February 2022, new economic sanctions made it even harder for businesses to stay in Belarus. This forced many to consider moving elsewhere. Furthermore, the text mentions that because of the tough business environment and stricter rules, a lot of Belarusian businesses shut down. This prompted some entrepreneurs to leave Belarus and start anew in the European Union. The report aims to give a clear picture of how many Belarusian businesses are now in the EU, what they’re doing, and what problems they’re encountering.

Keywords: Belarus; Belarusian Business Abroad; Business Migration; Entrepreneurial Activity; Financial Challenges; Self-Employment; Investment in the EU; Economic Sanctions; Business Relocation; EU Business Environment; Start-ups; Immigrant Entrepreneurs; Banking Restrictions; Business Financing; Economic Integration (search for similar items in EconPapers)
JEL-codes: D25 F22 F36 G21 J61 L26 O15 P20 P31 (search for similar items in EconPapers)
Date: 2024-05-10
New Economics Papers: this item is included in nep-cis and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:sec:report:0508

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