Research
Confidence in the Economy: What Is It, How It Works And Why We Need It?
The article provides an interdisciplinary analysis of the confidence category, examines the influence of confidence in the authorities and the expectations of economic agents on economic growth, stability, and reveals the role of communication policy in building confidence.
Alexander Chubrik| 10.04.2020
Reasons of the Interregional Disparities in Belarus and Possible Directions of Regional Policy
The article tackles certain tendencies in regional development that lead to increase in differences between Belarusian regions at the level of regions and districts, their nature and certain negative consequences, possibilities of lowering the interregional imbalances.
| 10.04.2020
Innovations and Entrepreneurial Activity
The article is devoted to the importance of innovations for the economic development. The paper describes the current situation with the innovativeness of Belarusian economy and presents main weakest points compared with the neighboring and developed countries.
Entrepreneurial Activities as a Determinant of Economic Development
The impact of entrepreneurial activity on economic growth is not unconditional. At the same time, it is impossible to explain how technology or knowledge can determine total factor productivity without taking into account the role of entrepreneurial activity in innovation. The article examines the relationship between different types of entrepreneurial activity and economic development, as well as factors that determine the role of entrepreneurship in the economy.
10.04.2020
Stabilization in Monetary Sphere: Limiter of Growth or Necessary Condition?
This article analyzes present-day realities of the monetary environment in Belarus. The author describes the state of monetary policy in Belarus, reasons and consequences of such state, as well as probable strengthening of monetary policy orientation towards smoothing the output fluctuations.
Demography as a Challenge for Economic Growth
Population ageing and declined in birth rates are among the major challenges to Belarusian economic development. The labor force is projected to decline, and the Social Protection Fund would run into deficits. To make the pension system sustainable, we need to switch to a partially funded pension system.