Economy of Belarus under Conditions of Political Instability

6
Economy of Belarus under Conditions of Political Instability
// Russia and New States of Eurasia. 2021. no. I (L) . P. 72-81

DOI: 10.20542/2073-4786-2021-1-72-81

Abstract. The article examines development of economic situation in Belarus in the period of political instability connected with the presidential elections on August 9, 2020 and mass protests against supposed falsification of their results. Condition of the Byelorussian economy on the eve of political crisis is presented including major directions of influence of this crisis on the economy; growth of financial instability, strikes at enterprises, skilled personnel drain, sanction pressure on the part of the West. It is shown that the political crisis in the RB, despite many forecasts, has not provoked so far an economic chock in the country, but in a long-term perspective it may have serious negative consequences. Therefore achievement of high economic indices projected by the country’s leadership in the near future seems highly problematic.

Keywords: economy of Belarus, political crisis, financial instability, strikes, skilled personnel drain, sanctions, assistance of Russia, economic policy, prospects


Registered in System SCIENCE INDEX

For citation:
Shurubovich A. Economy of Belarus under Conditions of Political Instability. Russia and New States of Eurasia, 2021, no. I (L) , pp. 72-81. https://doi.org/10.20542/2073-4786-2021-1-72-81



Comments (0)

No comments

Add comment







Indexed

Current Issue
2024, No. I (LXII)
  • - PROBLEMS OF EURASIAN INTEGRATION
  • - BELARUS: GEOPOLITICAL FUTURE
  • - STRATEGY AND POLITICS
  • - CAUCASIAN CHRONICLES
  • - CENTRAL ASIA IN THE GLOBAL WORLD
In journal
Years
2024 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2009 | 2008 |