wiiw Forecast Reports
BELARUS: Popular revolt with uncertain prospects
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in: No Quick Recovery in Sight, with Coronavirus Risks Looming Large
wiiw Forecast Report No. Autumn 2020, November 2020 , pp. 40-44
The ongoing protests in Belarus have triggered the worst political crisis in recent history and brought to light some deep-seated problems. The economy is weakened and its prospects are bleak, as Belarus is facing grave structural problems and balance of payments constraints. A recent bailout by Russia is not sufficient to secure future financial sustainability. In the short run, Belarus will likely experience a protracted recession and possible further political and economic turbulence.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Belarus