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Belarus Business Barometer, October 2023 and wrong solution

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  • ABBA

Abstract

The report explores how the political unrest in Belarus, especially after the disputed presidential elections in August 2020, led many businesses to leave the country. It discusses the difficulties these businesses faced, like more government scrutiny, fewer customers, and limited chances to grow. After Russia’s invasion of Ukraine in February 2022, new economic sanctions made it even harder for businesses to stay in Belarus. This forced many to consider moving elsewhere. Furthermore, the text mentions that because of the tough business environment and stricter rules, a lot of Belarusian businesses shut down. This prompted some entrepreneurs to leave Belarus and start anew in the European Union. The report aims to give a clear picture of how many Belarusian businesses are now in the EU, what they’re doing, and what problems they’re encountering.

Suggested Citation

  • Abba, 2024. "Belarus Business Barometer, October 2023 and wrong solution," CASE Reports 0508, CASE-Center for Social and Economic Research.
    • Handle: RePEc:sec:report:0508
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    File URL: https://case-research.eu/app/uploads/2024/06/id_plik7898.pdf
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    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • D25 - Microeconomics - - Production and Organizations - - - Intertemporal Firm Choice: Investment, Capacity, and Financing
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers

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