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.

Unemployment insurance as a tool of social protection

This paper analyzes the international experience of functioning unemployment insurance systems and possibility of their application in Belarus.

Maternity Support Programs in Belarus

This paper analyzes the effects of child-care leave and maternity capital policies, and provides recommendations for Belarus.

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.

Depressed Regions

This paper analyzes the concepts, causes and main characteristics of depressed regions and evaluates the level of depressed regions (districts) of Belarus using system of socio-economic indicators.

Economic Crisis in Finland

This paper analyzes the main stages, causes and consequences of the economic crisis in Finland in 1990-1993. Financial deregulation in the 1970s and 80s has created conditions for credit expansion, growth of asset prices, short-term capital inflow, and expansion of domestic credit and currency speculations. The economic crisis was marked by rising real interest rates, falling asset prices, overall financial instability that has led to a significant increase of the budget deficit and unemployment in Finland.

Features of economic and financial Swedish crisis in 90s of XX century

The paper analyses the Swedish experience to overcome the economic and financial crisis of the 90s. The article highlights the main preconditions and factors that contributed to the development of the crisis. Special attention is given to consideration of nature of the Swedish crisis. The problems of some industries together with compulsory destabilizing factors led to economic and financial crises. Erupted full-blown economic crisis of Sweden required an effective and complex system of anticrisis measures. As a result, the adopted program of economic activities, which included innovations in banking, currency and budgetary spheres, allowed quickly overcome the main negative tendencies in the economy.

Economic Crisis in Ireland in 2008-2013

This paper analyses the prerequisites, milestones and consequences of the economic crisis in Ireland in 2008-2013. Economic growth of the Celtic Tiger in 1987-2007 was accompanied by increasing wages and low credit rates, which ultimately led to the economic overheating. The debt crisis in Europe worsened Ireland’s situation and raised the scale of financial and economic crisis showed in a form of mortgage, fiscal and banking crisis as well as rising unemployment and immigration.

Determining the Common External Tari ff in a Customs Union: Evidence from the Eurasian Customs Union

How do member states determine the Common External Tariff (CET) in a Customs Union? While a large theoretical literature studies the incentives faced by governments when negotiating the CET, empirical evidence is so far scant. This paper studies a large panel data set of tari data from the Eurasian Customs Union and demonstrates the importance of mutual protectionism: member states bargain to expand to their partners the protection of goods that were protected nationally.

Macroeconomic Dynamics of Belarus in 2014: Currency Stress in the Background of Stagnation

Weak potential growth has sustained as the key challenge for Belarusian economy. In 2014, there has not been any substantial progress in this field, although the government declared a start in a preparatory stage for structural reforms. In current macroeconomic policy, the regime of exchange rate targeting has been preserved as the core element.

Accounting for Labor Productivity Puzzle

In the recent decades aggregate labor productivity in the U.S. became countercyclical (labor productivity puzzle). At the same time the U.S. experienced dramatic changes in the structure of households due to increased female labor force participation.

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