Belarusian Economic Research and Outreach Center

Policy Papers

10 september 2019 Nadzeya Batava, Yauheniya Shershunovich, Irina Tochitskaya

Barriers to the Circular Economy: Evidence From Belarus

The paper presents the results of the enterprises surveys regarding the barriers to the development of the circular economy. The analysis has revealed that in general the enterprises surveyed positively evaluate the existing legislation in Belarus that regulates issues concerning waste management, but identify a number of other significant barriers.

9 september 2019 Yauheniya Shershunovich, Irina Tochitskaya

State vs. Private Companies: Differences in Waste Management

This paper presents an analysis of the survey results on how enterprises in Belarus manage their waste and use secondary raw materials. It was examined whether an effectiveness of waste management depends on the form of the enterprise ownership.

8 september 2019 Petr Sachek, Yauheniya Shershunovich, Irina Tochitskaya

Decision-Making in Waste Management at Belarusian enterprises: Survey Results

The paper presents the survey results analysis on waste management and factors affecting the possibility of using waste to make a new products. A relation between the size of the enterprise, the amount of waste and the way it was handled has been studied.

19 august 2019 Dzmitry Kruk

Belarusian Economy in mid-2019: the Aftermath of Recovery Growth Period

By mid-2019, a period of recovery growth has been accomplished and the national economy enters a new stage of development. This policy paper sums up and analyzes the results of the recovery growth period. The paper argues that the results are contradictory.

25 june 2019 Maryia Akulava

Foreign investment: ICT sector as an example to follow

In 2018, only the ICT sector was stably attractive to investors, unlike public sector assets. Belarus’ overall investment prospects remained bleak.

19 june 2019 Aleh Mazol

The assessment of poverty in Belarus for 2017-2018

This paper estimates poverty in Belarus using annual data of the Sample Household Survey on Living Standards from 2017-2018.

6 may 2019 Nadzeya Batava, Petr Sachek, Irina Tochitskaya

Circular Economy: Ways to Finance a Business

The paper presents the finding of a study on the public and private funding opportunities for circular projects. The financial products and instruments such as crowdfunding, grants, venture capital, government support, bank lending, and etc., which are tailored to the specific needs of circular projects were examined depending on the stage of the company's life cycle.

30 april 2019 Dzmitry Kolkin

Belarus: Comparative Research on Industrial Parks and Special Economic Zones

The study focuses on three issues. First, the paper analyses the Belarusian experience in the creation of special economic zones. Second, we look at how the GSIP has been developing so far and what lessons have been learned from the past experience. Lastly, this paper makes policy recommendations on how to increase the efficiency of the Belarus-China cooperation under the GSIP project.

26 march 2019 Anastasia LuzginaAleh Mazol

Development of the P2P Lending Market: Peculiarities of Functioning and International Experience of Development

The paper is devoted to the P2P lending companies’ activities. The paper gives the definition of crowdlending (P2P lending), describes specific features of this activity and presents its main advantages and disadvantages. The research defines the types of P2P lending and describes the main models of the crowdlending online platforms’ functioning.

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.

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