Belarusian Economic Research and Outreach Center

Katerina Lisenkova

The paper by Katerina Lisenkova and Kateryna Bornukova was published in Baltic Journal of Economics

The paper by Katerina Lisenkova and Kateryna Bornukova "Effects of population ageing on the pension system in Belarus" was published in Baltic Journal of Economics

Effects of Population Ageing on the Pension System in Belarus

Belarus currently has a relatively generous pay-as-you-go pension system, but population aging coupled with recent problems with economic growth will soon make it unsustainable. We build a rich OLG model of Belarusian economy, which shows that without reform the Pension Fund will run into persistent and growing deficit, which will reach 9 per cent of GDP by 2055. We also compute the fiscal projections of several parametric pension reforms.

Pension System of Belarus: Current State and Necessity for Reforms

This paper shows that the pension system of Belarus must be reformed and proposes the most effective reforms among all available alternatives.

Economic Determinants of Fertility in Belarus: a Micro-Data Analysis

This paper examines the determinants of births in Belarus in 1996-2007 by using detailed micro data from the Belarusian Household Budget Surveys (BHBS).

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