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The Belarus Economy: Macroeconomic environment and policy dilemmas - Beroc
Логотип beroc

События

The Belarus Economy: Macroeconomic environment and policy dilemmas

Summary:

  • Changes in policy mix does not mean changes in the model
  • Short-term view: Old model + new policies =recession + gains in price and financial stability
  • Medium-term view: Old model + new policies =
    a) stagnation + financial fragility (optimistic)
    b) self-maintained recession + financial turmoil