On the verge of crisis? Mounting economic problems in Belarus:
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Warszawa [Poland]
Ośrodek Studiów Wschodnich im. Marka Karpia
2011
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Schlagworte: | |
Online-Zugang: | BSB01 |
Beschreibung: | Belarus's financial condition has visibly worsened since the beginning of this year. The severe falls in the country's foreign currency reserves and its shortage of foreign currency on the international market pose an increasing threat to the stability of the Belarusian economy. Fearing an outbreak of public dissatisfaction, The government has so far been trying to avoid devaluing the rouble or structural economic reforms. Maintaining full control inside the country and the stability of the authoritarian regime are still the main concerns for President Alyaksandr Lukashenka. For this reason, the actions taken by the Belarusian government have been limited to imposing short-term administrative restrictions on the foreign currency market and obtaining external support in the form of loans. Given Belarus's falling creditworthiness, Minsk is only able to ask Russia for financial support, thus offering the Kremlin more opportunities to realise its desire to take over strategic industrial plants in Belarus. However, the present economic problems of Belarus are so serious that no loan will be able to safeguard its government from the need of carrying out serious economic reforms |
Beschreibung: | 1 Online-Ressource(1 p. 6) |
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language | English |
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physical | 1 Online-Ressource(1 p. 6) |
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publishDate | 2011 |
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publisher | Ośrodek Studiów Wschodnich im. Marka Karpia |
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spelling | Kłysiński, Kamil Verfasser aut On the verge of crisis? Mounting economic problems in Belarus Kamil Kłysiński Warszawa [Poland] Ośrodek Studiów Wschodnich im. Marka Karpia 2011 Frankfurt M. CEEOL 2011 1 Online-Ressource(1 p. 6) txt rdacontent c rdamedia cr rdacarrier Belarus's financial condition has visibly worsened since the beginning of this year. The severe falls in the country's foreign currency reserves and its shortage of foreign currency on the international market pose an increasing threat to the stability of the Belarusian economy. Fearing an outbreak of public dissatisfaction, The government has so far been trying to avoid devaluing the rouble or structural economic reforms. Maintaining full control inside the country and the stability of the authoritarian regime are still the main concerns for President Alyaksandr Lukashenka. For this reason, the actions taken by the Belarusian government have been limited to imposing short-term administrative restrictions on the foreign currency market and obtaining external support in the form of loans. Given Belarus's falling creditworthiness, Minsk is only able to ask Russia for financial support, thus offering the Kremlin more opportunities to realise its desire to take over strategic industrial plants in Belarus. However, the present economic problems of Belarus are so serious that no loan will be able to safeguard its government from the need of carrying out serious economic reforms Economic policy Developing nations |
spellingShingle | Kłysiński, Kamil On the verge of crisis? Mounting economic problems in Belarus Economic policy Developing nations |
title | On the verge of crisis? Mounting economic problems in Belarus |
title_auth | On the verge of crisis? Mounting economic problems in Belarus |
title_exact_search | On the verge of crisis? Mounting economic problems in Belarus |
title_exact_search_txtP | On the verge of crisis? Mounting economic problems in Belarus |
title_full | On the verge of crisis? Mounting economic problems in Belarus Kamil Kłysiński |
title_fullStr | On the verge of crisis? Mounting economic problems in Belarus Kamil Kłysiński |
title_full_unstemmed | On the verge of crisis? Mounting economic problems in Belarus Kamil Kłysiński |
title_short | On the verge of crisis? Mounting economic problems in Belarus |
title_sort | on the verge of crisis mounting economic problems in belarus |
topic | Economic policy Developing nations |
topic_facet | Economic policy Developing nations |
work_keys_str_mv | AT kłysinskikamil onthevergeofcrisismountingeconomicproblemsinbelarus |