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World Bank - Belarus: prices, markets, and enterprise reform

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    Belarus: prices, markets, and enterprise reform
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title Belarus Prices Markets and Enterprise Reform World Bank Country - photo 1

title:Belarus : Prices, Markets, and Enterprise Reform World Bank Country Study, 0253-2123
author:
publisher:World Bank
isbn10 | asin:0821339761
print isbn13:9780821339763
ebook isbn13:9780585228600
language:English
subjectBelarus--Economic conditions--1991- , Belarus--Economic conditions--1991---Statistics, Economic stabilization--Belarus.
publication date:1997
lcc:HC340.17.B475 1997eb
ddc:338.9478
subject:Belarus--Economic conditions--1991- , Belarus--Economic conditions--1991---Statistics, Economic stabilization--Belarus.
Page i
A WORLD BANK COUNTRY STUDY
Belarus
Prices, Markets, And Enterprise Reform
The World Bank
Washington, D. C.
Page ii
Copyright 1997
The International Bank for Reconstruction
and Development/THE WORLD BANK
1818 H Street, N.W.
Washington, D.C. 20433, U.S.A.
All rights reserved
Manufactured in the United States of America
First printing July 1997
World Bank Country Studies are among the many reports originally prepared for internal use as part of the continuing analysis by the Bank of the economic and related conditions of its developing member countries and of its dialogues with the governments. Some of the reports are published in this series with the least possible delay for the use of governments and the academic, business and financial, and development communities. The typescript of this paper therefore has not been prepared in accordance with the procedures appropriate to formal printed texts, and the World Bank accepts no responsibility for errors. Some sources cited in this paper may be informal documents that are not readily available.
The World Bank does not guarantee the accuracy of the data included in this publication and accepts no responsibility whatsoever for any consequence of their use. The boundaries, colors, denominations, and other information shown on any map in this volume do not imply on the part of the World Bank Group any judgment on the legal status of any territory or the endorsement or acceptance of such boundaries.
The material in this publication is copyrighted. Requests for permission to reproduce portions of it should be sent to the Office of the Publisher at the address shown in the copyright notice above. The World Bank encourages dissemination of its work and will normally give permission promptly and, when the reproduction is for noncommercial purposes, without asking a fee. Permission to copy portions for classroom use is granted through the Copyright Clearance Center, Inc., Suite 910, 222 Rosewood Drive, Danvers, Massachusetts 01923, U.S.A.
ISSN: 0253-2123
Library of Congress Cataloging-in-Publication Data
Belarus: prices, markets, and enterprise reform.
p. cm. (A World Bank country study)
Includes bibliographical references.
ISBN 0-8213-3976-1
1. BelarusEconomic conditions1991- 2. BelarusEconomic
conditions1991- Statistics. 3. Economic stabilizationBelarus.
I. World Bank. II. Series.
HC340.17.B475 1997
338.9478dc21 97-13283
CIP
Page iii
Contents
Acknowledgments
vii
Abstract
viii
Selected Indicators Table
ix
List of Abbreviations
xi
Executive Summary
xiii
1. The Economic Crisis - Sources And Solutions
1
Picture 2
A. Origins of the Economic Crisis
2
Picture 3
Inflation, Credit, and Banking
2
Picture 4
Sectoral Allocation of Credit
5
Picture 5
Growth and Expenditure
9
Picture 6
External Trade
15
Picture 7
Exchange Rate
16
Picture 8
Enterprise Profitability
27
Picture 9
Fiscal Policies and Performance
30
Picture 10
B. Restoring Economic Stability and Growth
31
Picture 11
Stability
31
Picture 12
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