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Structural Challenges for SOEs in Belarus : A Case Study of the Machine Building Sector

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dc.contributor.authorFavaro, Edgardo
dc.contributor.authorSmits, Karlis
dc.contributor.authorBakanova, Marina
dc.date.accessioned2014-08-29T18:31:17Z
dc.date.available2014-08-29T18:31:17Z
dc.date.issued2012-03
dc.description.abstractAre Belarus's state owned enterprises positioned to grow in 2011-2015 as successfully as in 1995-2006? State owned enterprises account for 55 percent of Belarus's output and two-thirds of overall employment; economic growth in 1995-2006 was the result of capacity expansion and productivity improvements in state owned enterprises. These sources of economic growth originated in policy decisions that preserved the functioning of the command and control economy and allowed the country to exploit preferential commercial access to the Russian market in several goods and services. Are the same reasons likely to facilitate the performance of state owned enterprises and overall economic growth in 2011-2015? This paper concludes that this is not likely to happen. Times have changed: the slowdown in production and exports in 2009-2010 was unquestionably associated with a transitory decline in demand for durable goods in Russia. But there have also been more permanent market forces at work: a steady increase in competition in Russia and other Commonwealth of Independent States markets resulting from low-price Chinese and Russian-produced capital goods; and a shift in demand from low-quality/low price to high-quality, high-price transport equipment demand in Russia and other Commonwealth of Independent States markets. And these forces are there to stay. This conclusion leads to the following questions: Would state owned enterprises be able to adapt to observed market changes? What reforms would be relevant to facilitate the necessary adaptation?en
dc.identifierhttp://documents.worldbank.org/curated/en/2012/03/15967918/structural-challenges-soes-belarus-case-study-machine-building-sector
dc.identifier.doi10.1596/1813-9450-6010
dc.identifier.urihttps://hdl.handle.net/10986/19871
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 6010
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGRICULTURE
dc.subjectASYMMETRIC INFORMATION
dc.subjectAUTOMOBILE
dc.subjectAUTOMOBILE INDUSTRY
dc.subjectAUTOMOTIVE INDUSTRY
dc.subjectAVERAGE PRICES
dc.subjectBANK POLICY
dc.subjectBENCHMARKS
dc.subjectBUS
dc.subjectBUSES
dc.subjectBUSINESS ENTITIES
dc.subjectCAPITAL ASSETS
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPTIVE MARKET
dc.subjectCATERING
dc.subjectCIVIL CODE
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMER GOODS
dc.subjectCORPORATE GOVERNANCE
dc.subjectCUSTOM
dc.subjectCUSTOMS
dc.subjectDEBT
dc.subjectDEBTS
dc.subjectDECISION MAKING
dc.subjectDEPOSITS
dc.subjectDEVELOPMENT POLICY
dc.subjectDIESEL
dc.subjectDIESEL ENGINES
dc.subjectDIRECT MARKET
dc.subjectDISCOUNTED VALUE
dc.subjectDISTRIBUTION CHANNELS
dc.subjectDOMESTIC MARKET
dc.subjectDURABLE
dc.subjectDURABLE GOODS
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC ASSETS
dc.subjectECONOMIC SECTORS
dc.subjectECONOMIC VALUE
dc.subjectELASTICITY
dc.subjectELASTICITY OF DEMAND
dc.subjectELECTRICITY
dc.subjectENTERPRISE OPERATION
dc.subjectESTABLISHED BRANDS
dc.subjectEXCHANGE RATES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORT MARKETS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL STRUCTURE
dc.subjectFINISHED PRODUCT
dc.subjectFIRM PERFORMANCE
dc.subjectFIXED ASSETS
dc.subjectFIXED CAPITAL
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFUEL
dc.subjectGDP
dc.subjectGOVERNMENT OWNERSHIP
dc.subjectGOVERNMENT POLICIES
dc.subjectGOVERNMENT POLICY
dc.subjectHEAVY TRUCKS
dc.subjectHOST ECONOMY
dc.subjectINCOME ELASTICITY OF DEMAND
dc.subjectINDUSTRIAL PRODUCTION
dc.subjectINDUSTRIAL STRUCTURE
dc.subjectINDUSTRIALIZATION
dc.subjectINEFFICIENCY
dc.subjectINFORMATION ASYMMETRIES
dc.subjectINNOVATION
dc.subjectINNOVATIONS
dc.subjectINSURANCE
dc.subjectINSURANCE SYSTEM
dc.subjectINTERMEDIATE GOODS
dc.subjectINTERMEDIATE PRODUCTS
dc.subjectINTERNATIONAL BANK
dc.subjectINVENTORIES
dc.subjectINVENTORY
dc.subjectINVENTORY LEVELS
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTMENT POLICY
dc.subjectJOINT STOCK COMPANIES
dc.subjectLACK OF COMPETITION
dc.subjectLEVIES
dc.subjectLOCAL CURRENCY
dc.subjectLORRIES
dc.subjectMANUFACTURING
dc.subjectMARGINAL PRODUCT
dc.subjectMARKET ACCESS
dc.subjectMARKET BENCHMARK
dc.subjectMARKET CONDITIONS
dc.subjectMARKET DISCIPLINE
dc.subjectMARKET ECONOMIES
dc.subjectMARKET ECONOMY
dc.subjectMARKET FORCES
dc.subjectMARKET INFORMATION
dc.subjectMARKET NICHE
dc.subjectMARKET SEGMENT
dc.subjectMARKET SHARE
dc.subjectMARKET SHARES
dc.subjectMARKET VALUE
dc.subjectMATERIAL
dc.subjectMERCHANDISE
dc.subjectMERCHANDISE EXPORTS
dc.subjectMINISTRY OF TRANSPORT
dc.subjectMOTOR VEHICLE
dc.subjectNEGATIVE SHOCK
dc.subjectNEW TECHNOLOGIES
dc.subjectNEW TECHNOLOGY
dc.subjectOIL PRICE
dc.subjectOIL PRICES
dc.subjectOPEN ACCESS
dc.subjectOPPORTUNITY COST
dc.subjectOPPORTUNITY COSTS
dc.subjectORGANIZATIONAL INNOVATIONS
dc.subjectOUTSOURCING
dc.subjectPRICE DYNAMICS
dc.subjectPRICE LEVEL
dc.subjectPRICE PRODUCTS
dc.subjectPRICE STRUCTURE
dc.subjectPRIVATE SECTOR
dc.subjectPROCUREMENT
dc.subjectPRODUCER PRICE
dc.subjectPRODUCER PRICE INDEX
dc.subjectPRODUCT CATEGORIES
dc.subjectPRODUCT CATEGORY
dc.subjectPRODUCTION COSTS
dc.subjectPRODUCTION PROCESS
dc.subjectPRODUCTIVITY
dc.subjectPROTECTIONISM
dc.subjectQUALITY OF SERVICES
dc.subjectRAILWAY
dc.subjectRELIABILITY
dc.subjectRESERVES
dc.subjectRESULT
dc.subjectRESULTS
dc.subjectRETURN
dc.subjectRETURN ON ASSETS
dc.subjectRETURNS
dc.subjectRETURNS TO SCALE
dc.subjectSAFETY
dc.subjectSAFETY NET
dc.subjectSALE
dc.subjectSALES
dc.subjectSALES CHANNEL
dc.subjectSHADOW PRICE
dc.subjectSHAREHOLDER
dc.subjectSHAREHOLDERS
dc.subjectSOFT BUDGET CONSTRAINTS
dc.subjectSTATE GUARANTEES
dc.subjectSUPPLIER
dc.subjectSUPPLIERS
dc.subjectSUPPLY CHAIN
dc.subjectTARGETS
dc.subjectTAX
dc.subjectTAX SYSTEM
dc.subjectTECHNOLOGICAL INNOVATION
dc.subjectTECHNOLOGICAL INNOVATIONS
dc.subjectTOTAL COSTS
dc.subjectTOTAL SALES
dc.subjectTRADE DIVERSION
dc.subjectTRADING
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTRANSPARENCY
dc.subjectTRANSPORT
dc.subjectTRANSPORT EQUIPMENT
dc.subjectTRANSPORT SECTOR
dc.subjectTRUE
dc.subjectTURNOVER
dc.subjectUNEMPLOYMENT
dc.subjectUSERS
dc.subjectVALUATION
dc.subjectVALUE ADDED
dc.subjectVALUE OF ASSETS
dc.subjectVARIABLE RATES
dc.subjectVEHICLE MANUFACTURERS
dc.subjectVEHICLES
dc.subjectVERTICAL INTEGRATION
dc.subjectWAGES
dc.subjectWEB
dc.subjectWORLD MARKET
dc.subjectWTO
dc.titleStructural Challenges for SOEs in Belarus : A Case Study of the Machine Building Sectoren
dspace.entity.typePublication
okr.crossref.titleStructural Challenges for SOEs in Belarus: A Case Study of the Machine Building Sector
okr.date.disclosure2012-03-01
okr.date.doiregistration2025-04-10T11:02:40.341607Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2012/03/15967918/structural-challenges-soes-belarus-case-study-machine-building-sector
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeTransport and ICT
okr.globalpracticeFinance and Markets
okr.globalpracticeTransport and ICT
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid174931468206680605
okr.identifier.doi10.1596/1813-9450-6010
okr.identifier.externaldocumentum000158349_20120323091725
okr.identifier.internaldocumentum15967918
okr.identifier.reportWPS6010
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/03/23/000158349_20120323091725/Rendered/PDF/WPS6010.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.administrativeEurope and Central Asia
okr.region.countryBelarus
okr.topicPrivate Sector Development::E-Business
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicEconomic Theory and Research
okr.topicTransport Economics Policy and Planning
okr.topicTransport
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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