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

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collection.link.76
https://openknowledge.worldbank.org/handle/10986/2184
collection.name.76
Country Economic Memorandum
dc.contributor.author
World Bank
dc.date.accessioned
2012-03-19T10:24:24Z
dc.date.available
2012-03-19T10:24:24Z
dc.date.issued
2010-06-25
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.
en
dc.identifier.uri
http://hdl.handle.net/10986/2907
dc.language
English
dc.publisher
World Bank
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACCOUNTING
dc.subject
ACCOUNTING SERVICES
dc.subject
ADVERTISEMENT
dc.subject
ADVERTISING
dc.subject
ASSETS
dc.subject
BALANCE OF PAYMENTS
dc.subject
BALANCE OF TRADE
dc.subject
BANKING SECTOR
dc.subject
BANKS
dc.subject
BARRIERS TO ENTRY
dc.subject
BUDGET CONSTRAINTS
dc.subject
BUSINESS CLIMATE
dc.subject
BUSINESS ENVIRONMENT
dc.subject
BUSINESS SERVICE
dc.subject
BUSINESS SERVICE PROVIDERS
dc.subject
BUSINESS SERVICES
dc.subject
BUSINESSES
dc.subject
CAPACITY BUILDING
dc.subject
CENSORSHIP
dc.subject
COMMODITY
dc.subject
COMMUNICATION SECTOR
dc.subject
COMPETITION POLICY
dc.subject
COMPETITIVE PRODUCTS
dc.subject
COMPETITIVENESS
dc.subject
COUNTRY COMPARISONS
dc.subject
CPI
dc.subject
CURRENT PRICES
dc.subject
CUSTOMS
dc.subject
ECONOMIC ACTIVITIES
dc.subject
ECONOMIC COOPERATION
dc.subject
ECONOMIES IN TRANSITION
dc.subject
ELECTRICITY
dc.subject
EMPLOYMENT
dc.subject
EQUIPMENT
dc.subject
EXTERNAL MARKET
dc.subject
EXTERNAL MARKETS
dc.subject
FINANCIAL INSTITUTIONS
dc.subject
FINANCIAL SERVICES
dc.subject
FOREIGN DIRECT INVESTMENT
dc.subject
FOREIGN DIRECT INVESTMENTS
dc.subject
FOREIGN INVESTMENT
dc.subject
FREIGHT
dc.subject
FUEL
dc.subject
GROWTH PATH
dc.subject
GROWTH POTENTIAL
dc.subject
GROWTH STRATEGY
dc.subject
HARDWARE
dc.subject
HEAVY TRUCKS
dc.subject
HUMAN RESOURCE
dc.subject
HUMAN RESOURCE DEVELOPMENT
dc.subject
ICT
dc.subject
INDUSTRIAL EMPLOYMENT
dc.subject
INDUSTRIAL ENTERPRISES
dc.subject
INFORMATION SERVICES
dc.subject
INFORMATION SYSTEM
dc.subject
INFORMATION SYSTEMS
dc.subject
INFRASTRUCTURE REFORM
dc.subject
INNOVATION
dc.subject
INSURANCE
dc.subject
INTELLECTUAL PROPERTY
dc.subject
INTELLECTUAL PROPERTY PROTECTION
dc.subject
INTELLECTUAL PROPERTY RIGHTS
dc.subject
INTERNATIONAL BEST PRACTICES
dc.subject
INTERNATIONAL BUSINESS
dc.subject
INTERNATIONAL COMPETITIVENESS
dc.subject
INTERNATIONAL TRADE
dc.subject
IT INFRASTRUCTURE
dc.subject
KNOWLEDGE ECONOMY
dc.subject
LABOR COSTS
dc.subject
LEGISLATION
dc.subject
LICENSES
dc.subject
MANAGEMENT SYSTEM
dc.subject
MANAGEMENT SYSTEMS
dc.subject
MANUFACTURING
dc.subject
MARKET ECONOMY
dc.subject
MARKETING
dc.subject
MEDIA
dc.subject
MEDIUM ENTERPRISES
dc.subject
MINISTER
dc.subject
MOBILITY
dc.subject
MONOPOLIES
dc.subject
NETWORKS
dc.subject
NEW TECHNOLOGIES
dc.subject
OUTSOURCING
dc.subject
PERFORMANCE MEASURES
dc.subject
PERFORMANCES
dc.subject
PREFERENTIAL
dc.subject
PRIVATE INVESTMENT
dc.subject
PRIVATE PARTNERSHIPS
dc.subject
PRIVATE SECTOR
dc.subject
PRIVATE SECTOR DEVELOPMENT
dc.subject
PRIVATIZATION
dc.subject
PROCUREMENT
dc.subject
PRODUCT DEVELOPMENT
dc.subject
PRODUCTION FUNCTIONS
dc.subject
PRODUCTIVITY
dc.subject
PROFIT MARGINS
dc.subject
PUBLIC SERVICES
dc.subject
QUALITY MANAGEMENT
dc.subject
QUALITY OF SERVICES
dc.subject
R&D
dc.subject
R&D SERVICES
dc.subject
RAILWAY
dc.subject
REGULATORY ENVIRONMENT
dc.subject
REGULATORY FRAMEWORK
dc.subject
RESULT
dc.subject
RESULTS
dc.subject
RETAIL TRADE
dc.subject
SAVINGS
dc.subject
SERVICE PROVIDERS
dc.subject
SOCIAL SERVICES
dc.subject
STATE ENTERPRISES
dc.subject
TARGETS
dc.subject
TAX
dc.subject
TAX COMPLIANCE
dc.subject
TAX INCENTIVES
dc.subject
TECHNICAL STAFF
dc.subject
TECHNOLOGY TRANSFER
dc.subject
TELECOMMUNICATION
dc.subject
TELECOMMUNICATIONS
dc.subject
TELECOMMUNICATIONS SERVICES
dc.subject
TRADE DATABASE
dc.subject
TRADITIONAL MARKET
dc.subject
TRADITIONAL MARKETS
dc.subject
TRAINING ACTIVITIES
dc.subject
TRAINING PROGRAMS
dc.subject
TRAINING PROVIDERS
dc.subject
TRANSIT
dc.subject
TRANSITION ECONOMIES
dc.subject
TRANSMISSION
dc.subject
TRANSPORT
dc.subject
TRANSPORT SERVICES
dc.subject
TRANSPORTATION
dc.subject
TRAVELERS
dc.subject
TROLLEYBUSES
dc.subject
TRUE
dc.subject
TURNOVER TAXES
dc.subject
UNDERDEVELOPMENT
dc.subject
USERS
dc.subject
USES
dc.subject
WORLD TRADE
dc.title
Belarus - Industrial Performance Before and During the Global Crisis : Belarus Economic Policy Notes - Note No. 3
en
okr.date.disclosure
2010-09-28
okr.doctype
Economic & Sector Work :: Country Economic Memorandum
okr.docurl
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20100928234449
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
okr.identifier.externaldocumentum
000333038_20100928234449
okr.identifier.internaldocumentum
12815005
okr.identifier.report
54371
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/09/28/000333038_20100928234449/Rendered/PDF/543710ESW0WHIT1IC10BEP0Note031Final.pdf
en
okr.region.administrative
Europe and Central Asia
okr.region.country
Belarus
okr.region.geographical
Europe
okr.region.geographical
Eastern Europe
okr.region.geographical
Commonwealth of Independent States
okr.sector
Health
okr.sector
General public administration sector
okr.sector
General industry and trade sector
okr.sector
General finance sector
okr.sector
General education sector
okr.sector
Health and other social services
okr.sector
Public Administration
okr.sector
Law
okr.sector
Public Administration, Law, and Justice
okr.sector
Industry and trade
okr.sector
Finance
okr.sector
Education
okr.topic
Information and Communication Technologies :: ICT Policy and Strategies
okr.topic
Private Sector Development :: E-Business
okr.topic
Finance and Financial Sector Development :: Banks & Banking Reform
okr.topic
Transport Economics Policy and Planning
okr.topic
Public Sector Corruption and Anticorruption Measures
okr.topic
Public Sector Development
okr.topic
Transport
okr.unit
Poverty Reduction/Econ Mngmt (ECSPE)
okr.volume
3 of 3

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