Исследовательский Центр ИПМ
Kasrtyčnicki Ekanamičny Forum

Publications on the role of external factors in economic development of Belarus

The role of external factors, namely oil price, energy subsidy from Russia and economic growth in Russia, was addressed in a series of publications by the IPM Research Centre prepared under the support of the British Embassy in Minsk.

Macroeconomic update "How big is the Russian energy subsidy to Belarus" considers Russian energy subsidy as one of the most important channels of the oil impact on the Belarusian economy. Commentary "Asymmetric impact of external environment on economic growth of Belarus" discusses non-linear interrelation between oil price and GDP growth, as well as influence of economic growth of Belarus' trade partners on its economy.