Belarusian Economic Research and Outreach Center

Research

One of the main BEROC goals is generating and spreading of new academic and policy knowledge on problems, tendencies and development of Belarusian economy. Academic and policy research aimed at the development of strategy encouraging economic growth and quality improvement of economic policy in Belarus.

12 february 2019 Maryia AkulavaAleh Mazol

Education of children and parents: intergenerational mobility and impact on income

Improving quality of education led to the reduction of the social inequality and growth of equal opportunities in many countries. This policy paper examines the issue of intergenerational mobility in Belarus and looks at to what extent the level of parental education impacts on the income of individuals. The results reflect high and significant level of social mobility in the country for all age cohorts. In general, there is a significant growth in the educational level of the younger generation in relation to their parents.

22 january 2019 Yauheniya Shershunovich, Irina Tochitskaya

On the Way to a Circular Economy: Monitoring Belarus’ Progress Based on the EС Framework

This paper presents an assessment of Belarus’ progress on the way to the circular economy as compared to a number of the European countries. The monitoring framework proposed by the European Commission is chosen for these purposes, since its indicators capture the key elements of a circular economy, have a high degree of practical application, are easy to analyze and informative. The existing system of recording in Belarus does not permit to calculate some indicators used by the European Commission.

14 january 2019 Maryia Akulava

Effectuation Processes, Gender, Innovativeness and Performance of SMEs: case of Belarus

Entrepreneurial actions are based on certain principles and prevailing decision-making logic. Effectual and causal reasoning are considered to be among the essential tools explaining the entrepreneurial strategy and outcomes. The present research explores the link between the applied effectuation principles, gender of the leader and SMEs financial and innovative functioning.

8 january 2019 Yauheniya Shershunovich, Irina Tochitskaya

FREE Policy Brief: Towards a More Circular Economy: A Progress Assessment of Belarus

4 january 2019 Radzivon Marozau

Modernization and development of Belarusian higher education institutions based on the entrepreneurial university framework

The policy paper considers prerequisites and factors conditioning the development of entrepreneneurial higher education institutions (universities 3.0) in Belarus. Capitalizing on state-of-the-art academic research and policy initiatives in the field, as well as on the custom-made survey of Belarusian faculty members, the paper analyses the environment for higher education institutions' modernization and provides policy recommendations.

6 december 2018 Aleh Mazol

The experience of foreign countries in the development of depressed regions

This work is devoted to the study of the essence of the concept, causes and main characteristics of depressed regions in foreign countries. The paper highlights the main approaches to the implementation of measures to support depressed regions, as well as the main indicators for assessing the effectiveness of their implementation. Based on the analysis of the experience of the development of depressed regions in foreign countries, basic recommendations for the improvement of regional policy in the Republic of Belarus have been developed.

20 november 2018 Nadezhda Batova, Pyotr Sachek, Irina Tochitskaya

Circular economy in action: forms of organization and best practices

The article includes best practices for development of circular economy and its implementation. It is stated that each country has national peculiarities of transition to this concept, as well as various priority directions of implementation caused by set of advantages and risks. The barriers which constrain access of the circular projects to bank financing, and confine its utilization as a result, are identified. Authors put special emphasis to the innovative business models providing the circular system of production and consumption, including Circular suppliers, Resources recovery, Sharing platforms, Product life extension, Product as a service.

17 november 2018 Anastasia Luzgina

Money and monetary funds as economic categories and their relationship with cryptocurrencies

In the article the categories of “money” and “monetary funds” are analyzed and the author’s interpretation of these definitions are given. Taking into account the growing popularity of cryptocurrencies, the author proposes a structure of interrelations of monetary funds, tokens, electronic and virtual money. With the purpose of giving a clearer understanding of the government positions on the issue of the virtual money market development, the article provides examples of operations’ regulations with cryptocurrencies in a number of countries.

16 november 2018 Anastasia Luzgina

Cryptocurrencies: Essential Characteristics and Practical Aspects

In the article the essence of electronic and digital money is analyzed, comparative analysis of these two categories is carried out, taking into account their distinctive characteristics and common elements. Virtual money, including cryptocurrencies, is distinguished as a subspecies of digital money. Cryptocurrencies are analyzed based on the most famous ones, such as Bitcoin, Litecoin, Ripple, DASH, etc.

12 november 2018 Maryia AkulavaAleh Mazol

What Forms Gender Wage Gap in Belarus?

In this paper we focus on estimating the gender difference in wages using data from the Generations and Gender Survey (GGS) conducted in Belarus in 2017. The results show that the average gender wage differential amounts to 22.6%. We use quantile regressions to look at difference in returns at various earnings deciles and then the Oaxaca-Blinder and Juhn-Murphy-Pierce decomposition techniques to define the components that form the wage gap. We find that the adjusted gender pay gap is mostly formed by the difference in rewards rather than personal characteristics. The gap increases throughout the wage distribution and accelerates at the top deciles indicating presence of a strong glass ceiling effect.

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