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Economic growth and its price: some tendencies of Belarus economy transformation, 1990-2005


  • Aliaksei P. Smolski

    () (Belarus State Economic University)


In article some tendencies and features of Belarus economy transformation are analyzed. Macroeconomic processes and conditions are esteemed as external environment elements, in which one the enterprises of country operates. The financial state and a number of other enterprises activity performances as objective reasons of their economic insolvency are investigated. The features of Belarus economy are disclosed, which remind of socialist system. The question about the price of reached rates of economic growth for enterprises and society is examined.

Suggested Citation

  • Aliaksei P. Smolski, 2006. "Economic growth and its price: some tendencies of Belarus economy transformation, 1990-2005," Macroeconomics smolski_aliaksei.39168-e1, Socionet.
  • Handle: RePEc:nos:wuwpma:smolski_aliaksei.39168-e1

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    Belarus; economic growth; investments; output; transition economy; unemployment;

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • P30 - Economic Systems - - Socialist Institutions and Their Transitions - - - General

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