Belarus - Industrial Performance Before and During the Global Crisis : Belarus Economic Policy Notes - Note No. 3

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dc.contributor.author
World Bank
en_US
dc.date.accessioned
2012-03-19T10:24:24Z
en_US
dc.date.available
2012-03-19T10:24:24Z
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dc.date.issued
2010-06-25
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dc.identifier.uri
http://hdl.handle.net/10986/2907
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dc.description.abstract
This note attempts to analyze and tentatively answer these questions by focusing on the drivers of growth and productivity, labor markets and enterprise restructuring, as well as the state system of enterprise support, which is key to understanding the interplay between the state and the economy in Belarus. The period of analysis covers 2004-08 with appropriate references to the previous periods and comparisons with Russia and/or other Commonwealth of Independent States (CIS) countries. The final section explores the Belarus's industrial performance in the period of the global crisis (late 2008-09) and reviews the government's policies that have been largely responsible for a relatively mild effect of the crisis on economic dynamics in the country. The analysis is based on the official statistics provided to the team by the National Statistics Committee (Belstat), National Bank, and various ministries, as well as statistics from other national and international statistical sources. In addition, the analysis benefited from the data provided by various enterprise surveys undertaken by the Research Institute by the Ministry of Economy (RIME) and from two sector case studies (in machinery and dairy sub-sectors). Belarus has weathered the crisis so far better than most of its neighbors, in part due to the government policies to boost domestic demand in a predominantly state-owned and controlled economy. This was achieved at a considerable macroeconomic cost. The country's ability to sustain possible future shocks declined, and macroeconomic risks increased. The crisis has further exposed risks associated with the Government of Belarus (GOB) practice of heavy reliance on administratively set targets for large and medium-size enterprises, especially targets for output and average wage growth.
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dc.language
English
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dc.publisher
World Bank
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dc.rights
Creative Commons Attribution CC BY 3.0
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dc.rights.uri
http://creativecommons.org/licenses/by/3.0/
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dc.subject
ACCOUNTING
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dc.subject
ACCOUNTING SERVICES
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dc.subject
ADVERTISEMENT
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dc.subject
ADVERTISING
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dc.subject
ASSETS
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dc.subject
BALANCE OF PAYMENTS
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dc.subject
BALANCE OF TRADE
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dc.subject
BANKING SECTOR
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dc.subject
BANKS
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BARRIERS TO ENTRY
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BUDGET CONSTRAINTS
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dc.subject
BUSINESS CLIMATE
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BUSINESS ENVIRONMENT
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dc.subject
BUSINESS SERVICE
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dc.subject
BUSINESS SERVICE PROVIDERS
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BUSINESS SERVICES
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dc.subject
BUSINESSES
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dc.subject
CAPACITY BUILDING
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dc.subject
CENSORSHIP
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COMMODITY
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COMMUNICATION SECTOR
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COMPETITION POLICY
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COMPETITIVE PRODUCTS
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dc.subject
COMPETITIVENESS
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dc.subject
COUNTRY COMPARISONS
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dc.subject
CPI
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CURRENT PRICES
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CUSTOMS
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dc.subject
ECONOMIC ACTIVITIES
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dc.subject
ECONOMIC COOPERATION
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dc.subject
ECONOMIES IN TRANSITION
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dc.subject
ELECTRICITY
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dc.subject
EMPLOYMENT
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dc.subject
EQUIPMENT
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EXTERNAL MARKET
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dc.subject
EXTERNAL MARKETS
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FINANCIAL INSTITUTIONS
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dc.subject
FINANCIAL SERVICES
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FOREIGN DIRECT INVESTMENT
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FOREIGN DIRECT INVESTMENTS
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FOREIGN INVESTMENT
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dc.subject
FREIGHT
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FUEL
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dc.subject
GROWTH PATH
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GROWTH POTENTIAL
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GROWTH STRATEGY
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dc.subject
HARDWARE
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HEAVY TRUCKS
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dc.subject
HUMAN RESOURCE
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dc.subject
HUMAN RESOURCE DEVELOPMENT
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dc.subject
ICT
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dc.subject
INDUSTRIAL EMPLOYMENT
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dc.subject
INDUSTRIAL ENTERPRISES
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dc.subject
INFORMATION SERVICES
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dc.subject
INFORMATION SYSTEM
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INFORMATION SYSTEMS
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dc.subject
INFRASTRUCTURE REFORM
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dc.subject
INNOVATION
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INSURANCE
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dc.subject
INTELLECTUAL PROPERTY
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INTELLECTUAL PROPERTY PROTECTION
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dc.subject
INTELLECTUAL PROPERTY RIGHTS
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dc.subject
INTERNATIONAL BEST PRACTICES
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dc.subject
INTERNATIONAL BUSINESS
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INTERNATIONAL COMPETITIVENESS
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dc.subject
INTERNATIONAL TRADE
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dc.subject
IT INFRASTRUCTURE
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dc.subject
KNOWLEDGE ECONOMY
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dc.subject
LABOR COSTS
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LEGISLATION
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LICENSES
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MANAGEMENT SYSTEM
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MANAGEMENT SYSTEMS
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dc.subject
MANUFACTURING
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dc.subject
MARKET ECONOMY
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dc.subject
MARKETING
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MEDIA
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MEDIUM ENTERPRISES
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MINISTER
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MOBILITY
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MONOPOLIES
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dc.subject
NETWORKS
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dc.subject
NEW TECHNOLOGIES
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OUTSOURCING
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PERFORMANCE MEASURES
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PERFORMANCES
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PREFERENTIAL
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PRIVATE INVESTMENT
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PRIVATE PARTNERSHIPS
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PRIVATE SECTOR
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PRIVATE SECTOR DEVELOPMENT
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PRIVATIZATION
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PROCUREMENT
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PRODUCT DEVELOPMENT
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PRODUCTION FUNCTIONS
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PRODUCTIVITY
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PROFIT MARGINS
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PUBLIC SERVICES
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QUALITY MANAGEMENT
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QUALITY OF SERVICES
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R&D
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R&D SERVICES
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RAILWAY
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REGULATORY ENVIRONMENT
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REGULATORY FRAMEWORK
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dc.subject
RESULT
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dc.subject
RESULTS
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RETAIL TRADE
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SAVINGS
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SERVICE PROVIDERS
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SOCIAL SERVICES
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STATE ENTERPRISES
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TARGETS
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TAX
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TAX COMPLIANCE
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TAX INCENTIVES
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TECHNICAL STAFF
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TECHNOLOGY TRANSFER
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TELECOMMUNICATION
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TELECOMMUNICATIONS
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TELECOMMUNICATIONS SERVICES
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TRADE DATABASE
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TRADITIONAL MARKET
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TRADITIONAL MARKETS
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TRAINING ACTIVITIES
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TRAINING PROGRAMS
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TRAINING PROVIDERS
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TRANSIT
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TRANSITION ECONOMIES
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TRANSMISSION
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TRANSPORT
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TRANSPORT SERVICES
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TRANSPORTATION
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TRAVELERS
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TROLLEYBUSES
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TRUE
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TURNOVER TAXES
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UNDERDEVELOPMENT
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USERS
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USES
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WORLD TRADE
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dc.title
Belarus - Industrial Performance Before and During the Global Crisis : Belarus Economic Policy Notes - Note No. 3
en_US
okr.identifier.externaldocumentum
000333038_20100928234449
en_US
okr.identifier.internaldocumentum
12815005
en_US
okr.volume
3 of 3
en_US
okr.date.disclosure
2010-09-28
en_US
okr.topic
Information and Communication Technologies :: ICT Policy and Strategies
en_US
okr.topic
Private Sector Development :: E-Business
en_US
okr.topic
Finance and Financial Sector Development :: Banks & Banking Reform
en_US
okr.topic
Transport Economics Policy and Planning
en_US
okr.topic
Public Sector Corruption and Anticorruption Measures
en_US
okr.topic
Public Sector Development
en_US
okr.topic
Transport
en_US
okr.sector
Health
en_US
okr.sector
General public administration sector
en_US
okr.sector
General industry and trade sector
en_US
okr.sector
General finance sector
en_US
okr.sector
General education sector
en_US
okr.sector
Health and other social services
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okr.sector
Public Administration
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okr.sector
Law
en_US
okr.sector
Public Administration, Law, and Justice
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okr.sector
Industry and trade
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okr.sector
Finance
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okr.sector
Education
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okr.region.administrative
Europe and Central Asia
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okr.region.geographical
Europe
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okr.region.geographical
Eastern Europe
en_US
okr.region.geographical
Commonwealth of Independent States
en_US
okr.identifier.report
54371
en_US
okr.unit
Poverty Reduction/Econ Mngmt (ECSPE)
en_US
okr.region.country
Belarus
en_US
okr.doctype
Economic & Sector Work :: Country Economic Memorandum
en_US
dc.rights.holder
World Bank
en_US
okr.globalpractice
Transport and ICT
okr.globalpractice
Finance and Markets
okr.globalpractice
Governance
okr.globalpractice
Transport and ICT
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes

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