Belarusian Economic Research and Outreach Center

Policy Papers

Macroeconomic Trends in 2010: Growth at any Cost

This policy paper contains the analysis of the problems of the foreign account deficit, external debt, money market imbalances, inflationary potential, fragile financial standing of domestic companies aggravated in Belarus by early 2011 and their impact on macroeconomic stability and long-term sustainable growth.

The Role of The Guarantor as a Form of Credit Security for Housing Construction

The author examines the role of guarantor as one of the means of securing housing credits as well as the international practice of developing mortgage lending.

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