To the list of articles25 november 2001
Enterprises Restructuring Under Economic Growth in Belarus
This paper attempts to explain the nature and causes of the economic growth in the Republic of Belarus on the basis of evolving restructuring at both macroeconomic and microeconomic, or enterprise levels. In Belarus, the output growth is a strategic task imposed by authorities to the top enterprise managers. In order to complete this assignment, enterprises try to find new markets for their products, gradually penetrating the markets outside Belarus. But the latter are functioning on different grounds, which are contradictory to the norms and rules of administrative economic system. It is the influence of that external environment which forces Belarusian enterprises to initiate the process of industrial restructuring by themselves.