Belarus: Recent Economic Developments
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Summary:
This paper reviews economic developments in the Republic of Belarus during the 1990s. In late 1994 and early 1995, the Belarusian authorities took major steps to further liberalize the economy and bring down inflation from the high levels of 1993–94. By the second half of 1995, however, macroeconomic policies began to be relaxed and structural reform came to a virtual standstill. The relaxation of monetary policy was accompanied by an exchange rate policy in 1996, which caused the Belarusian currency to continue to appreciate significantly against the U.S. dollar.
Series:
Country Report No. 1997/111
Subject:
Banking Commercial banks Credit Expenditure Exports Financial institutions Imports International trade Money
English
Publication Date:
November 17, 1997
ISBN/ISSN:
9781451805024/1934-7685
Stock No:
1BLREA0011997
Pages:
156
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