Future Economic Alternatives of Belarus

Author: Kari LIUHTO
Published in: Vol:8 No.4 / 2007

      Analyzing the real competitiveness of the Belarusian industries is everything but easy as the state supports the state-owned companies and the business oligarchy loyal to the presidential administration in various ways, and simultaneously, restricts foreign competition by making imported goods more expensive with tariffs and non-tariff barriers and the operations of foreign firms less effective with unnecessary bureaucracy and state interference (EIU, 2007).
      The analysis of the true competitiveness in a country, which lacks both domestic and foreign competition, is a challenging exercise.