Republic of Belarus: Selected Issues

International Monetary Fund

No 2005/217, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper highlights the growth process in Belarus, seeking to identify its main sources and assess its sustainability. It complements the IMF staff report, which placed considerable emphasis on macroeconomic policies. It provides an overview of additional important factors underlying Belarus’s recent economic performance. It presents some further insights on the likely future path of main macroeconomic variables. The analysis suggests that, although several aspects of Belarus’s macroeconomic performance have been unusual, it is clear that domestic policies and favorable exogenous factors have combined to boost growth in recent years.

Keywords: ISCR; CR; enterprise; Belarus; potential GDP; output gap; GDP growth; nominal GDP; growth strategy; exports share; budget deficit; central bank; enterprise sector; data ROSC; growth performance; fiscal policy; market power; Budget planning and preparation; Quasi-fiscal operations; Commercial banks; Contingent liabilities; Central and Eastern Europe (search for similar items in EconPapers)
Pages: 27
Date: 2005-06-28
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Citations: View citations in EconPapers (3)

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