Belarus Systematic Country Diagnostic
Since the collapse of the Soviet Union, Belarus has pursued a gradual transition path characterized by slow opening of the economy to the private sector and a limited reform of the governance system of state-owned enterprises (SOEs). This systematic country diagnostic (SCD) demonstrates that there is a window of opportunity to proactively lay down foundations towards a new vision - a competitive, inclusive, and dynamic Belarus. At the core of this new vision is managing a transition to a new growth path that is sustainable and inclusive. The SCD has identified seven key priorities for achieving further progress towards the twin goals in Belarus. The report is structured as follows: chapter one describes trends in poverty reduction and in shared prosperity and examines the conjecture that economic growth was the main determinant of improvements in income distribution. Chapter two analyzes the sustainability of economic growth and income distribution gains. Chapter three sketches a vision of socio-economic development for Belarus in the next decade and formulates three pathways towards the sustainable and inclusive growth of an internationally competitive economy. Chapter four describes priority actions to achieve that vision.
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Format: | Report biblioteca |
Language: | English |
Published: |
World Bank, Washington, DC
2018-02-20
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Subjects: | POVERTY REDUCTION, SHARED PROSPERITY, DISTRIBUTION, INEQUALITY, INCLUSIVE GROWTH, COMPETITIVENESS, BUSINESS ENVIRONMENT, MACROECONOMIC POLICY, SOCIAL RESILIENCE, GOVERNANCE, PRIVATE SECTOR DEVELOPMENT, HUMAN CAPITAL, CONNECTIVITY, DISASTER RISK, CLIMATE CHANGE ADAPTATION, |
Online Access: | http://documents.worldbank.org/curated/en/602921520877070059/Belarus-Systematic-Country-Diagnostic-towards-a-competitive-inclusive-and-dynamic-Belarus https://hdl.handle.net/10986/29599 |
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Summary: | Since the collapse of the Soviet Union,
Belarus has pursued a gradual transition path characterized
by slow opening of the economy to the private sector and a
limited reform of the governance system of state-owned
enterprises (SOEs). This systematic country diagnostic (SCD)
demonstrates that there is a window of opportunity to
proactively lay down foundations towards a new vision - a
competitive, inclusive, and dynamic Belarus. At the core of
this new vision is managing a transition to a new growth
path that is sustainable and inclusive. The SCD has
identified seven key priorities for achieving further
progress towards the twin goals in Belarus. The report is
structured as follows: chapter one describes trends in
poverty reduction and in shared prosperity and examines the
conjecture that economic growth was the main determinant of
improvements in income distribution. Chapter two analyzes
the sustainability of economic growth and income
distribution gains. Chapter three sketches a vision of
socio-economic development for Belarus in the next decade
and formulates three pathways towards the sustainable and
inclusive growth of an internationally competitive economy.
Chapter four describes priority actions to achieve that vision. |
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