This policy paper contains the analysis of the problems of the foreign account deficit, external debt, money market imbalances, inflationary potential, fragile financial standing of domestic companies aggravated in Belarus by early 2011 and their impact on macroeconomic stability and long-term sustainable growth.

This paper analyses the impact of foreign direct investment (FDI) on economic performance using the Belarusian industrial aggregated panel data over the 2002-2009 period.

The author examines the role of guarantor as one of the means of securing housing credits as well as the international practice of developing mortgage lending.

This paper empirically investigates the variety of FDI impacts on different sectors using firm level data. In particular, the unique dataset (which represents about 80% of the firms’ population) enables to analyze whether linkages between sectors can explain the difference in the impact of FDI on firm’s productivity as well as spillovers across sectors.

This is the first paper to study the evolution of the gender wage gap in the Republic of Belarus.

This paper investigates the trends in intergenerational educational mobility in thirteen post-communist economies in Central and Eastern Europe (CEE) and the former Soviet Union (FSU) for which little empirical evidence has been made available thus far.