Search results for Macroeconomics

Breaking Free of Russia’s Energy Grip: How Much Will It Cost Belarus?

The competitiveness of the Belarusian economy is largely determined by its access to cheap Russian energy resources. The…

Belarus Economy Monitor: Belarus Inflation Eases in Q3

Belarus inflation slowed in Q3 2025, as reported in BEROC’s Quarterly Inflation Review. The Annual Consumer Price Index…

Private and Public Sectors in the Belarusian Economy: Where Has the Pendulum Swung After 2019?

By Anatoly Kharitonchik

The Belarusian Private Sector experienced dynamic growth in the 2010s and, by the start of the current decade, matched t…

Georgia’s Growth Dilemma: Structural Transformation, Inequality, and the Future of Inclusive Development

This policy paper examines Georgia’s economic growth and labor market developments between 2017 and 2023, with a focus o…

Russia’s Car Fleet Dynamics – and Why They Matter

By Cecilia Smitt Meyer

Russia’s car imports have evolved dramatically since its full-scale invasion of Ukraine in February 2022. The invasion a…

Belarus’s Progressing Economic Dependence on Russia and Its Implications

By Dzmitry Kruk

This policy brief examines the complexities surrounding Belarus’s economy as it deepens its economic dependence on Russi…

Monetary Policy in Belarus Since Mid-2020: From Rules to Discretion

By Anatoly Kharitonchik

The most important “safeguard” against negative consequences from government’s economic policy mistakes is an independen…

Cognitive Dissonance on Belarus: Recovery and Adaptation or Stalemate?

By Dzmitry Kruk

A closer look at the Belarusian economy over the recent year, produces two initially competing narratives. The first one…

Georgian Economy and One Year of Russia’s War in Ukraine: Trends and Risks

Russia’s invasion of Ukraine profoundly impacted the global economy, immediately sending shockwaves across the globe. Th…