Policy Papers


Policy papers - applied research on economics that is practically oriented to form a strategy for promoting economic growth and improving the quality of economic policy in Belarus.
Nadzeya Batava |Petr Sachek|Irina Tochitskaya| 06.05.2019
Circular Economy: Ways to Finance a Business
The paper presents the finding of a study on the public and private funding opportunities for circular projects. The financial products and instruments such as crowdfunding, grants, venture capital, government support, bank lending, and etc., which are tailored to the specific needs of circular projects were examined depending on the stage of the company's life cycle.
| 30.04.2019
Belarus: Comparative Research on Industrial Parks and Special Economic Zones
The study focuses on three issues. First, the paper analyses the Belarusian experience in the creation of special economic zones. Second, we look at how the GSIP has been developing so far and what lessons have been learned from the past experience. Lastly, this paper makes policy recommendations on how to increase the efficiency of the Belarus-China cooperation under the GSIP project.
Anastasia Luzgina| 26.03.2019
Development of the P2P Lending Market: Peculiarities of Functioning and International Experience of Development
The paper is devoted to the P2P lending companies’ activities. The paper gives the definition of crowdlending (P2P lending), describes specific features of this activity and presents its main advantages and disadvantages. The research defines the types of P2P lending and describes the main models of the crowdlending online platforms’ functioning.
| 12.02.2019
Education of children and parents: intergenerational mobility and impact on income
Improving quality of education led to the reduction of the social inequality and growth of equal opportunities in many countries. This policy paper examines the issue of intergenerational mobility in Belarus and looks at to what extent the level of parental education impacts on the income of individuals. The results reflect high and significant level of social mobility in the country for all age cohorts. In general, there is a significant growth in the educational level of the younger generation in relation to their parents.
Yauheniya Shershunovich|Irina Tochitskaya| 22.01.2019
On the Way to a Circular Economy: Monitoring Belarus’ Progress Based on the EС Framework
This paper presents an assessment of Belarus’ progress on the way to the circular economy as compared to a number of the European countries. The monitoring framework proposed by the European Commission is chosen for these purposes, since its indicators capture the key elements of a circular economy, have a high degree of practical application, are easy to analyze and informative. The existing system of recording in Belarus does not permit to calculate some indicators used by the European Commission.
| 04.01.2019
Modernization and development of Belarusian higher education institutions based on the entrepreneurial university framework
The policy paper considers prerequisites and factors conditioning the development of entrepreneneurial higher education institutions (universities 3.0) in Belarus. Capitalizing on state-of-the-art academic research and policy initiatives in the field, as well as on the custom-made survey of Belarusian faculty members, the paper analyses the environment for higher education institutions' modernization and provides policy recommendations.