We have conducted the number of interviews with female entrepreneurs and top managers of Belarusian companies.

In 2016, potential investors’ interest in Belarus continued to decline. The problem of access to financing in the form of loans was growing, affecting the possibility of floating sovereign Eurobonds internationally. There were signs that the government finally realized that the country needed a better image to foster investment and issued a number of bills to facilitate raising funds.

Foreign Investment: Measures to Improve the Investment Climate

We do not know about: how effective are Belarusian enterprises, what is the share of state enterprises in the economy, what is the difference between private and state enterprises, what is the distribution of labor, capital and materials among firms. This work is an attempt to answer these questions using the data on JSCs.

This work is devoted to the analysis of output downturn in Belarus in 2015. It is shown that economic downturn is not the consequence of only cyclical hesitations, but also of structural compression. Moreover, the structural component of recession in 2016 began to dominate.

Tendencies of 2015 have nothing different from previous years. Low demand for state assets and the lack of flexibility and interest in speeding up of privatization continue to be the major factors of zero dynamics in the realization of state assets. External borrowing remains the major source of investment inflow which is used for refinancing of current debts and, as a result, only increases total debt and does not lead to reforming and the growth of efficiency in the economy.

Under conditions of increased dynamics in world and domestic markets the necessity for shaping of competitive and effective economy increases. Under these circumstances reforming of SOEs becomes one of the most urgent problems. This work is devoted to the analysis of international experience of the privatization of SOEs.