Belarus: Selected Issues
February 19, 2002
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This Selected Issues paper reviews the external competitiveness of the Belarusian economy, particularly in 2000–01. The analysis starts with an overview of developments in Belarus’ external current account. The paper then examines various competitiveness indicators, most importantly changes in external and internal real exchange rates, as well as labor cost measures. It reviews trade data by sectors to explain recent export performance. The paper also provides an overview of current wage policy and its macroeconomic effects.
Subject: Exchange rates, Foreign exchange, Labor, Multiple currency practices, Real exchange rates, Wage adjustments, Wage policy, Wages
Keywords: B. wage Policy, Baltics, Belarus, common currency, cost recovery, CR, Europe, Exchange rates, gas arrears, government, ISCR, Multiple currency practices, policy challenge, subsidy, wage, Wage adjustments, Wage policy, Wages, Western Europe
Pages:
120
Volume:
2002
DOI:
Issue:
022
Series:
Country Report No. 2002/022
Stock No:
1BLREA0012002
ISBN:
9781451805062
ISSN:
1934-7685
