Republic of Belarus : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

January 15, 2010

Electronic Access:

Free Full Text (PDF file size is 673 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The global financial crisis that erupted in late 2008 had a profound impact on Belarus’s economy. The unprecedented external shock necessitated a strong set of corrective measures, including exchange rate adjustment. This Selected Issues paper analyzes whether the corrective measures in the exchange area are sufficient to restore current account sustainability. It examines various pieces of evidence, including basic indicators of competitiveness as well as the macroeconomic balance and external sustainability approaches. It concludes that the substantial misalignment observed in the end of 2008 has been largely corrected.

Series:

Country Report No. 10/16

Subject:

Notes:

Also Available in Russian

English

Publication Date:

January 15, 2010

ISBN/ISSN:

9781451805338/1934-7685

Stock No:

1BLREA2010001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

28

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