How to get out of the crisis without reforms? The Belarusian authorities confront growing economic problems:
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Warszawa [Poland]
Ośrodek Studiów Wschodnich im. Marka Karpia
2016
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Schlagworte: | |
Online-Zugang: | BSB01 |
Beschreibung: | 2015 saw a drop in Belarus's GDP for the first time in almost 20 years, which is primarily the result of a significant reduction in levels of production and export. As a consequence, there was also a serious depletion of the country's foreign exchange reserves, as well as a progressive weakening of the Belarusian rouble. The macroeconomic figures from January and February 2016 show that these trends are not only continuing, but they are also becoming even more severe, which confirms that Belarus now finds itself in a prolonged economic crisis. On one hand, the reason for this state of affairs is the protracted economic recession in Russia, which is Belarus's main economic partner, together with the drastic global decline in prices for fuel, which is a key Belarusian export. On the other hand, meanwhile, an equally important reason for the current crisis is the failure of the Belarusian economic model. President Aleksandr Lukashenko, out of fear that his authoritarian system of government will be dismantled and that public discontent will rise, has categorically rejected the proposals for even partial reforms put forward by some of his entourage, who are aware of the need for the immediate transformation of the country's anachronistic and very costly economic model, based as it still is on quasi-Soviet management policies |
Beschreibung: | 1 Online-Ressource(1 p. 6) |
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spelling | Kłysiński, Kamil Verfasser aut How to get out of the crisis without reforms? The Belarusian authorities confront growing economic problems Kamil Kłysiński Warszawa [Poland] Ośrodek Studiów Wschodnich im. Marka Karpia 2016 Frankfurt M. CEEOL 2016 1 Online-Ressource(1 p. 6) txt rdacontent c rdamedia cr rdacarrier 2015 saw a drop in Belarus's GDP for the first time in almost 20 years, which is primarily the result of a significant reduction in levels of production and export. As a consequence, there was also a serious depletion of the country's foreign exchange reserves, as well as a progressive weakening of the Belarusian rouble. The macroeconomic figures from January and February 2016 show that these trends are not only continuing, but they are also becoming even more severe, which confirms that Belarus now finds itself in a prolonged economic crisis. On one hand, the reason for this state of affairs is the protracted economic recession in Russia, which is Belarus's main economic partner, together with the drastic global decline in prices for fuel, which is a key Belarusian export. On the other hand, meanwhile, an equally important reason for the current crisis is the failure of the Belarusian economic model. President Aleksandr Lukashenko, out of fear that his authoritarian system of government will be dismantled and that public discontent will rise, has categorically rejected the proposals for even partial reforms put forward by some of his entourage, who are aware of the need for the immediate transformation of the country's anachronistic and very costly economic model, based as it still is on quasi-Soviet management policies Public Administration Public Law Economic policy Government/Political systems |
spellingShingle | Kłysiński, Kamil How to get out of the crisis without reforms? The Belarusian authorities confront growing economic problems Public Administration Public Law Economic policy Government/Political systems |
title | How to get out of the crisis without reforms? The Belarusian authorities confront growing economic problems |
title_auth | How to get out of the crisis without reforms? The Belarusian authorities confront growing economic problems |
title_exact_search | How to get out of the crisis without reforms? The Belarusian authorities confront growing economic problems |
title_exact_search_txtP | How to get out of the crisis without reforms? The Belarusian authorities confront growing economic problems |
title_full | How to get out of the crisis without reforms? The Belarusian authorities confront growing economic problems Kamil Kłysiński |
title_fullStr | How to get out of the crisis without reforms? The Belarusian authorities confront growing economic problems Kamil Kłysiński |
title_full_unstemmed | How to get out of the crisis without reforms? The Belarusian authorities confront growing economic problems Kamil Kłysiński |
title_short | How to get out of the crisis without reforms? The Belarusian authorities confront growing economic problems |
title_sort | how to get out of the crisis without reforms the belarusian authorities confront growing economic problems |
topic | Public Administration Public Law Economic policy Government/Political systems |
topic_facet | Public Administration Public Law Economic policy Government/Political systems |
work_keys_str_mv | AT kłysinskikamil howtogetoutofthecrisiswithoutreformsthebelarusianauthoritiesconfrontgrowingeconomicproblems |