The main objective of the study was to understand the redistributive effects of social and fiscal policies on children in Belarus. Accordingly, researchers considered not only monetary poverty but also multidimensional child poverty (MDCP).

This paper seeks to inform the understanding of the distributional impact of taxes and public spending on children in Belarus.

From a short-term perspective and ‘local’ view, this does not seem to change the environment considerably. According to such view, given the commitment of the authorities to monetary and financial stability (since 2015 it seems to be rather firm) the decay of the ‘recovery growth mark-up’ does not mean anything except weaker growth of incomes. However, from a longer-term perspective and a ‘big picture’ view, one can detect such kind of threats.

The paper is devoted to the P2P lending companies’ activities. The paper gives the definition of crowdlending (P2P lending), describes specific features of this activity and presents its main advantages and disadvantages. The research defines the types of P2P lending and describes the main models of the crowdlending online platforms’ functioning.

The paper deals with opportunities of circular economy for ensuring green growth. Analysis and comparison of concepts of sustainable development, green and circular economy revealed that despite similarity there is a differences in ways of their implementation. It is shown that the green economy is one of a tool for achieving sustainable development, and the circular economy acts as a practical way of putting it into effect. The concept of circular economy is interlinked with various scientific schools of environmental economic system, each of which can be considered as directions of its development.

The quality of institutions is a major factor in the success or failure of nations and a fundamental source of differences in per capita income between countries. This work is devoted to the analysis of the definition of institutions and studies their impact on the economic development of developed and developing countries. The state of institutional development in Belarus for 1996-2015 is assessed, and the directions of further development of institutions based on the experience of other countries are considered.