Belarus – A Successful Alternative Path of Transition?
Belarus – A Successful Alternative Path of Transition?

Summary/Abstract: Abstract1 The Belarusian transition model significantly differs from those of the other countries of the region. Having implemented reforms which led to the formation of the market economy only partially, the Belarusian government nevertheless was able to substantially reduce social costs of the transition experienced by the population comparing to the other countries of the region. Recent impressive economic performance allowed officials within the country to speak about the alternative successful transition path. However, a closer look at the Belarusian economic development shows that the Belarusian economy is exposed to the multiple threats and the growth of the Belarusian economy could hardly considered being sustainable.

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