IDEAS home Printed from
   My bibliography  Save this paper

Impact of the Russian Crisis on the Belarussian Economy


  • Vladymir Usowski
  • Rafal Antczak
  • Stanislav Bogdankiewich
  • Pavel Daneiko
  • Krzysztof Polomski


The full-scale financial crisis in Russia erupted in August 1998 made a blow to the President Lukashenko domestic and foreign policy. However, a year-by-year worsening of the domestic economy due to maintaining a system of command economy led to a crisis in Belarus already in the first quarter of 1998. The crisis in Russian spilling over through trade channel only additionally aggravated economic situation in Belarus. The paper briefly characterizes the economic system in Belarus prior to the first quarter of 1998 and then analyzes consequences of the Russian financial crisis on the Belarussian economy.

Suggested Citation

  • Vladymir Usowski & Rafal Antczak & Stanislav Bogdankiewich & Pavel Daneiko & Krzysztof Polomski, 2000. "Impact of the Russian Crisis on the Belarussian Economy," CASE Network Studies and Analyses 0206, CASE-Center for Social and Economic Research.
  • Handle: RePEc:sec:cnstan:0206

    Download full text from publisher

    File URL:
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Joanna Siwinska-Gorzelak, 2000. "Currency Crises and Fiscal Imbalances. The Transition Countries Perspective," CASE Network Studies and Analyses 0219, CASE-Center for Social and Economic Research.

    More about this item


    Belarus; Russia; crisis;


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sec:cnstan:0206. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Aleksandra Polak). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.