Belarus - Industrial Performance Before and During the Global Crisis : Belarus Economic Policy Notes - Note No. 3
This note attempts to analyze and tentatively answer these questions by focusing on the drivers of growth and productivity, labor markets and enterprise restructuring, as well as the state system of enterprise support, which is key to understanding...
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| Format: | Country Economic Memorandum |
| Language: | English |
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World Bank
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20100928234449 http://hdl.handle.net/10986/2907 |
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okr-10986-2907 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNTING ACCOUNTING SERVICES ADVERTISEMENT ADVERTISING ASSETS BALANCE OF PAYMENTS BALANCE OF TRADE BANKING SECTOR BANKS BARRIERS TO ENTRY BUDGET CONSTRAINTS BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS SERVICE BUSINESS SERVICE PROVIDERS BUSINESS SERVICES BUSINESSES CAPACITY BUILDING CENSORSHIP COMMODITY COMMUNICATION SECTOR COMPETITION POLICY COMPETITIVE PRODUCTS COMPETITIVENESS COUNTRY COMPARISONS CPI CURRENT PRICES CUSTOMS ECONOMIC ACTIVITIES ECONOMIC COOPERATION ECONOMIES IN TRANSITION ELECTRICITY EMPLOYMENT EQUIPMENT EXTERNAL MARKET EXTERNAL MARKETS FINANCIAL INSTITUTIONS FINANCIAL SERVICES FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FOREIGN INVESTMENT FREIGHT FUEL GROWTH PATH GROWTH POTENTIAL GROWTH STRATEGY HARDWARE HEAVY TRUCKS HUMAN RESOURCE HUMAN RESOURCE DEVELOPMENT ICT INDUSTRIAL EMPLOYMENT INDUSTRIAL ENTERPRISES INFORMATION SERVICES INFORMATION SYSTEM INFORMATION SYSTEMS INFRASTRUCTURE REFORM INNOVATION INSURANCE INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL BEST PRACTICES INTERNATIONAL BUSINESS INTERNATIONAL COMPETITIVENESS INTERNATIONAL TRADE IT INFRASTRUCTURE KNOWLEDGE ECONOMY LABOR COSTS LEGISLATION LICENSES MANAGEMENT SYSTEM MANAGEMENT SYSTEMS MANUFACTURING MARKET ECONOMY MARKETING MEDIA MEDIUM ENTERPRISES MINISTER MOBILITY MONOPOLIES NETWORKS NEW TECHNOLOGIES OUTSOURCING PERFORMANCE MEASURES PERFORMANCES PREFERENTIAL PRIVATE INVESTMENT PRIVATE PARTNERSHIPS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PROCUREMENT PRODUCT DEVELOPMENT PRODUCTION FUNCTIONS PRODUCTIVITY PROFIT MARGINS PUBLIC SERVICES QUALITY MANAGEMENT QUALITY OF SERVICES R&D R&D SERVICES RAILWAY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK RESULT RESULTS RETAIL TRADE SAVINGS SERVICE PROVIDERS SOCIAL SERVICES STATE ENTERPRISES TARGETS TAX TAX COMPLIANCE TAX INCENTIVES TECHNICAL STAFF TECHNOLOGY TRANSFER TELECOMMUNICATION TELECOMMUNICATIONS TELECOMMUNICATIONS SERVICES TRADE DATABASE TRADITIONAL MARKET TRADITIONAL MARKETS TRAINING ACTIVITIES TRAINING PROGRAMS TRAINING PROVIDERS TRANSIT TRANSITION ECONOMIES TRANSMISSION TRANSPORT TRANSPORT SERVICES TRANSPORTATION TRAVELERS TROLLEYBUSES TRUE TURNOVER TAXES UNDERDEVELOPMENT USERS USES WORLD TRADE |
| spellingShingle |
ACCOUNTING ACCOUNTING SERVICES ADVERTISEMENT ADVERTISING ASSETS BALANCE OF PAYMENTS BALANCE OF TRADE BANKING SECTOR BANKS BARRIERS TO ENTRY BUDGET CONSTRAINTS BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS SERVICE BUSINESS SERVICE PROVIDERS BUSINESS SERVICES BUSINESSES CAPACITY BUILDING CENSORSHIP COMMODITY COMMUNICATION SECTOR COMPETITION POLICY COMPETITIVE PRODUCTS COMPETITIVENESS COUNTRY COMPARISONS CPI CURRENT PRICES CUSTOMS ECONOMIC ACTIVITIES ECONOMIC COOPERATION ECONOMIES IN TRANSITION ELECTRICITY EMPLOYMENT EQUIPMENT EXTERNAL MARKET EXTERNAL MARKETS FINANCIAL INSTITUTIONS FINANCIAL SERVICES FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FOREIGN INVESTMENT FREIGHT FUEL GROWTH PATH GROWTH POTENTIAL GROWTH STRATEGY HARDWARE HEAVY TRUCKS HUMAN RESOURCE HUMAN RESOURCE DEVELOPMENT ICT INDUSTRIAL EMPLOYMENT INDUSTRIAL ENTERPRISES INFORMATION SERVICES INFORMATION SYSTEM INFORMATION SYSTEMS INFRASTRUCTURE REFORM INNOVATION INSURANCE INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL BEST PRACTICES INTERNATIONAL BUSINESS INTERNATIONAL COMPETITIVENESS INTERNATIONAL TRADE IT INFRASTRUCTURE KNOWLEDGE ECONOMY LABOR COSTS LEGISLATION LICENSES MANAGEMENT SYSTEM MANAGEMENT SYSTEMS MANUFACTURING MARKET ECONOMY MARKETING MEDIA MEDIUM ENTERPRISES MINISTER MOBILITY MONOPOLIES NETWORKS NEW TECHNOLOGIES OUTSOURCING PERFORMANCE MEASURES PERFORMANCES PREFERENTIAL PRIVATE INVESTMENT PRIVATE PARTNERSHIPS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PROCUREMENT PRODUCT DEVELOPMENT PRODUCTION FUNCTIONS PRODUCTIVITY PROFIT MARGINS PUBLIC SERVICES QUALITY MANAGEMENT QUALITY OF SERVICES R&D R&D SERVICES RAILWAY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK RESULT RESULTS RETAIL TRADE SAVINGS SERVICE PROVIDERS SOCIAL SERVICES STATE ENTERPRISES TARGETS TAX TAX COMPLIANCE TAX INCENTIVES TECHNICAL STAFF TECHNOLOGY TRANSFER TELECOMMUNICATION TELECOMMUNICATIONS TELECOMMUNICATIONS SERVICES TRADE DATABASE TRADITIONAL MARKET TRADITIONAL MARKETS TRAINING ACTIVITIES TRAINING PROGRAMS TRAINING PROVIDERS TRANSIT TRANSITION ECONOMIES TRANSMISSION TRANSPORT TRANSPORT SERVICES TRANSPORTATION TRAVELERS TROLLEYBUSES TRUE TURNOVER TAXES UNDERDEVELOPMENT USERS USES WORLD TRADE World Bank Belarus - Industrial Performance Before and During the Global Crisis : Belarus Economic Policy Notes - Note No. 3 |
| geographic_facet |
Europe and Central Asia Europe Eastern Europe Commonwealth of Independent States Belarus |
| description |
This note attempts to analyze and
tentatively answer these questions by focusing on the
drivers of growth and productivity, labor markets and
enterprise restructuring, as well as the state system of
enterprise support, which is key to understanding the
interplay between the state and the economy in Belarus. The
period of analysis covers 2004-08 with appropriate
references to the previous periods and comparisons with
Russia and/or other Commonwealth of Independent States (CIS)
countries. The final section explores the Belarus's
industrial performance in the period of the global crisis
(late 2008-09) and reviews the government's policies
that have been largely responsible for a relatively mild
effect of the crisis on economic dynamics in the country.
The analysis is based on the official statistics provided to
the team by the National Statistics Committee (Belstat),
National Bank, and various ministries, as well as statistics
from other national and international statistical sources.
In addition, the analysis benefited from the data provided
by various enterprise surveys undertaken by the Research
Institute by the Ministry of Economy (RIME) and from two
sector case studies (in machinery and dairy sub-sectors).
Belarus has weathered the crisis so far better than most of
its neighbors, in part due to the government policies to
boost domestic demand in a predominantly state-owned and
controlled economy. This was achieved at a considerable
macroeconomic cost. The country's ability to sustain
possible future shocks declined, and macroeconomic risks
increased. The crisis has further exposed risks associated
with the Government of Belarus (GOB) practice of heavy
reliance on administratively set targets for large and
medium-size enterprises, especially targets for output and
average wage growth. |
| format |
Economic & Sector Work :: Country Economic Memorandum |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Belarus - Industrial Performance Before and During the Global Crisis : Belarus Economic Policy Notes - Note No. 3 |
| title_short |
Belarus - Industrial Performance Before and During the Global Crisis : Belarus Economic Policy Notes - Note No. 3 |
| title_full |
Belarus - Industrial Performance Before and During the Global Crisis : Belarus Economic Policy Notes - Note No. 3 |
| title_fullStr |
Belarus - Industrial Performance Before and During the Global Crisis : Belarus Economic Policy Notes - Note No. 3 |
| title_full_unstemmed |
Belarus - Industrial Performance Before and During the Global Crisis : Belarus Economic Policy Notes - Note No. 3 |
| title_sort |
belarus - industrial performance before and during the global crisis : belarus economic policy notes - note no. 3 |
| publisher |
World Bank |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20100928234449 http://hdl.handle.net/10986/2907 |
| _version_ |
1764386140192768000 |
| spelling |
okr-10986-29072021-04-23T14:02:05Z Belarus - Industrial Performance Before and During the Global Crisis : Belarus Economic Policy Notes - Note No. 3 World Bank ACCOUNTING ACCOUNTING SERVICES ADVERTISEMENT ADVERTISING ASSETS BALANCE OF PAYMENTS BALANCE OF TRADE BANKING SECTOR BANKS BARRIERS TO ENTRY BUDGET CONSTRAINTS BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS SERVICE BUSINESS SERVICE PROVIDERS BUSINESS SERVICES BUSINESSES CAPACITY BUILDING CENSORSHIP COMMODITY COMMUNICATION SECTOR COMPETITION POLICY COMPETITIVE PRODUCTS COMPETITIVENESS COUNTRY COMPARISONS CPI CURRENT PRICES CUSTOMS ECONOMIC ACTIVITIES ECONOMIC COOPERATION ECONOMIES IN TRANSITION ELECTRICITY EMPLOYMENT EQUIPMENT EXTERNAL MARKET EXTERNAL MARKETS FINANCIAL INSTITUTIONS FINANCIAL SERVICES FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FOREIGN INVESTMENT FREIGHT FUEL GROWTH PATH GROWTH POTENTIAL GROWTH STRATEGY HARDWARE HEAVY TRUCKS HUMAN RESOURCE HUMAN RESOURCE DEVELOPMENT ICT INDUSTRIAL EMPLOYMENT INDUSTRIAL ENTERPRISES INFORMATION SERVICES INFORMATION SYSTEM INFORMATION SYSTEMS INFRASTRUCTURE REFORM INNOVATION INSURANCE INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL BEST PRACTICES INTERNATIONAL BUSINESS INTERNATIONAL COMPETITIVENESS INTERNATIONAL TRADE IT INFRASTRUCTURE KNOWLEDGE ECONOMY LABOR COSTS LEGISLATION LICENSES MANAGEMENT SYSTEM MANAGEMENT SYSTEMS MANUFACTURING MARKET ECONOMY MARKETING MEDIA MEDIUM ENTERPRISES MINISTER MOBILITY MONOPOLIES NETWORKS NEW TECHNOLOGIES OUTSOURCING PERFORMANCE MEASURES PERFORMANCES PREFERENTIAL PRIVATE INVESTMENT PRIVATE PARTNERSHIPS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PROCUREMENT PRODUCT DEVELOPMENT PRODUCTION FUNCTIONS PRODUCTIVITY PROFIT MARGINS PUBLIC SERVICES QUALITY MANAGEMENT QUALITY OF SERVICES R&D R&D SERVICES RAILWAY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK RESULT RESULTS RETAIL TRADE SAVINGS SERVICE PROVIDERS SOCIAL SERVICES STATE ENTERPRISES TARGETS TAX TAX COMPLIANCE TAX INCENTIVES TECHNICAL STAFF TECHNOLOGY TRANSFER TELECOMMUNICATION TELECOMMUNICATIONS TELECOMMUNICATIONS SERVICES TRADE DATABASE TRADITIONAL MARKET TRADITIONAL MARKETS TRAINING ACTIVITIES TRAINING PROGRAMS TRAINING PROVIDERS TRANSIT TRANSITION ECONOMIES TRANSMISSION TRANSPORT TRANSPORT SERVICES TRANSPORTATION TRAVELERS TROLLEYBUSES TRUE TURNOVER TAXES UNDERDEVELOPMENT USERS USES WORLD TRADE This note attempts to analyze and tentatively answer these questions by focusing on the drivers of growth and productivity, labor markets and enterprise restructuring, as well as the state system of enterprise support, which is key to understanding the interplay between the state and the economy in Belarus. The period of analysis covers 2004-08 with appropriate references to the previous periods and comparisons with Russia and/or other Commonwealth of Independent States (CIS) countries. The final section explores the Belarus's industrial performance in the period of the global crisis (late 2008-09) and reviews the government's policies that have been largely responsible for a relatively mild effect of the crisis on economic dynamics in the country. The analysis is based on the official statistics provided to the team by the National Statistics Committee (Belstat), National Bank, and various ministries, as well as statistics from other national and international statistical sources. In addition, the analysis benefited from the data provided by various enterprise surveys undertaken by the Research Institute by the Ministry of Economy (RIME) and from two sector case studies (in machinery and dairy sub-sectors). Belarus has weathered the crisis so far better than most of its neighbors, in part due to the government policies to boost domestic demand in a predominantly state-owned and controlled economy. This was achieved at a considerable macroeconomic cost. The country's ability to sustain possible future shocks declined, and macroeconomic risks increased. The crisis has further exposed risks associated with the Government of Belarus (GOB) practice of heavy reliance on administratively set targets for large and medium-size enterprises, especially targets for output and average wage growth. 2012-03-19T10:24:24Z 2012-03-19T10:24:24Z 2010-06-25 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20100928234449 http://hdl.handle.net/10986/2907 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Economic & Sector Work :: Country Economic Memorandum Europe and Central Asia Europe Eastern Europe Commonwealth of Independent States Belarus |