Między stagnacją a rozwojem – problemy rozwoju gospodarczego Białorusi
Between stagnation and development – problems of economic development in Belarus

Summary/Abstract: The aim of this paper is to describe the economic situation of Belarus in the context of changes taking place in this country. The author presents the condition of the Belarusian economy against the ongoing changes. He describes the extremely significant impact Russia has on the economic transformation in Belarus, as well as the role of the investments from the Western countries. The author first analyses the state of the Belarusian economy as well as the introduced reforms and then he outlines the future of the Belarusian economy. It seems that in the foreseeable future the existing model of economic system will be maintained, although the number of investments and to some extend the liberalization of the economy may increase.

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