wiiw and BEROC study finds that the transition model of the past quarter century has reached its limits, and argues that policy changes are necessary if the system is to survive.
Working Papers
Working papers - academic research on economy aimed at enhancing the knowledge about economic processes, problems and trends through development of new theories and concepts. The results of these studies are published in leading international journals, as for example SAGE Knowledge, Journal of Economic Development, Research Policy (Science Direct), Baltic Journal of Economics, Eastern Economic Journal and etc.
Kiryl Haiduk| 11.03.2013
The Outcome of Directed Lending in Belarus: Mitigating Recession or Dampening Long-Run Growth?
This study analyzes the effects of directed lending upon total factor productivity and GDP growth in Belarus over the period of 2000–2012.
11.08.2011
The Impact of Directed Lending on Long-Run Growth in Belarus
The study deals with a specific form of financial repression peculiar to Belarus – a mechanism of directed loans.