IDEAS home Printed from https://ideas.repec.org/a/vrs/buogeo/v44y2019i44p47-55n4.html
   My bibliography  Save this article

Foreign Trade of the Republic of Belarus in the International Business Environment

Author

Listed:
  • Hrechyshkina Olena

    (Polessky State University, Economic Faculty, Historical and Cultural Heritage Department, Kulikova Street, 27, Pinsk, 225710, Belarus; phone: +375444738943)

  • Samakhavets Maryia

    (Polessky State University, Banking Faculty, Finance Department, Kirova Street, 24, Pinsk, 225710, Belarus; phone: +375299139249)

Abstract

The aim of the paper is to assess the current state, problems and prospects for the development of foreign trade in the Republic of Belarus in the international business environment. The evaluation of foreign trade indicators is based on information from different sources and on comparative economic analysis research methods. Our results indicate the export-oriented economy of the Republic of Belarus, and its dependence on the state of foreign markets and the international business environment. The identified problems in the development of Belarusian merchandise exports are due to the orientation towards primary products, and to poor diversification of products and geographical destination. Particular attention is paid to the internal and external factors restraining exports from the Republic of Belarus. Further development requires the full use of the Belarusian export potential and the implementation of measures to promptly resolve the export difficulties on international markets that stem from internal and external factors.

Suggested Citation

  • Hrechyshkina Olena & Samakhavets Maryia, 2019. "Foreign Trade of the Republic of Belarus in the International Business Environment," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 44(44), pages 47-55, June.
    • Handle: RePEc:vrs:buogeo:v:44:y:2019:i:44:p:47-55:n:4
    DOI: 10.2478/bog-2019-0014
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/bog-2019-0014
    Download Restriction: no
    File URL: https://libkey.io/10.2478/bog-2019-0014?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Krueger, Anne O, 1980. "Trade Policy as an Input to Development," American Economic Review, American Economic Association, vol. 70(2), pages 288-292, May.
    2. Edwards, Sebastian, 1997. "Trade Policy, Growth, and Income Distribution," American Economic Review, American Economic Association, vol. 87(2), pages 205-210, May.
    3. Manuchehr Irandoust, 2017. "Estimating the Impact of Foreign Trade on GDP Growth in Sweden," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 18(3), pages 113-132, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Litwin, Carol, 1998. "Trade and Income Distribution in Developing Countries," Working Papers in Economics 9, University of Gothenburg, Department of Economics.
    2. Nikolaos A. Kyriazis, 2021. "Trade Policy Uncertainty Effects on Macro Economy and Financial Markets: An Integrated Survey and Empirical Investigation," JRFM, MDPI, vol. 14(1), pages 1-20, January.
    3. Kumar, Sanjesh & Singh, Baljeet, 2019. "Barriers to the international diffusion of technological innovations," Economic Modelling, Elsevier, vol. 82(C), pages 74-86.
    4. Shafaeddin, Mehdi, 2010. "Trade liberalization, industrialization and development; experience of recent decades," MPRA Paper 26355, University Library of Munich, Germany.
    5. Aaron Yao Efui Ahali & Ishmael Ackah, 2015. "Are They Predisposed to the Resources Curse? Oil in Somalia," International Journal of Energy Economics and Policy, Econjournals, vol. 5(1), pages 231-245.
    6. Pundarik Mukhopadhaya, 2004. "World Income Inequality data base (WIID) Review," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 2(3), pages 229-234, December.
    7. Onafowora, Olugbenga A. & Owoye, Oluwole, 1998. "Can Trade Liberalization Stimulate Economic Growth in Africa?," World Development, Elsevier, vol. 26(3), pages 497-506, March.
    8. Hisako Kai & Shigeyuki Hamori, 2009. "Globalization, financial depth, and inequality in Sub-Saharan Africa," Economics Bulletin, AccessEcon, vol. 29(3), pages 2025-2037.
    9. Wamboye, Evelyn F. & Nyaronga, Peter John & Sergi, Bruno S., 2020. "What are the determinant of international tourism in Tanzania?," World Development Perspectives, Elsevier, vol. 17(C).
    10. de Pineres, Sheila Amin Gutierrez, 1999. "Externalities in the agricultural export sector and economic growth: a developing country perspective," Agricultural Economics, Blackwell, vol. 21(3), pages 257-267, December.
    11. Jacob Braude & Yigal Menashe, 2004. "Does the Capital Intensity of Structural Change Matter for Growth?," Bank of Israel Working Papers 2004.10, Bank of Israel.
    12. Utku Utkulu & Durmus Özdemir, 2005. "Does Trade Liberalization Cause a Long Run Economic Growth in Turkey," Economic Change and Restructuring, Springer, vol. 37(3), pages 245-266, September.
    13. Isabell Koske & Jean-Marc Fournier & Isabelle Wanner, 2012. "Less Income Inequality and More Growth – Are They Compatible? Part 2. The Distribution of Labour Income," OECD Economics Department Working Papers 925, OECD Publishing.
    14. Nam Chong-Hyun & Kim Chang-Jin, 2000. "Capital Accumulation And Trade Policy:The Case Of Korea," International Economic Journal, Taylor & Francis Journals, vol. 14(1), pages 111-131.
    15. Belem Vasquez, 2007. "A Dynamic Analysis of Some Instruments of Fiscal, Monetary and Commercial Policies in Mexico," EcoMod2007 23900089, EcoMod.
    16. Dunmore, John C., 0. "Competitiveness And Comparative Advantage Of U.S. Agriculture," Increasing Understanding of Public Problems and Policies, Farm Foundation.
    17. Perez-Sebastian, Fidel & Raveh, Ohad & van der Ploeg, Frederick, 2021. "Oil discoveries and protectionism: Role of news effects," Journal of Environmental Economics and Management, Elsevier, vol. 107(C).
    18. Stefanescu, Razvan & Dumitriu, Ramona, 2014. "Investigation on the relationship between Romanian foreign trade and industrial production," MPRA Paper 62547, University Library of Munich, Germany.
    19. Turan Subasat, 2003. "Does the Dollar Index Really Measure Outward Orientation?," International Review of Applied Economics, Taylor & Francis Journals, vol. 17(3), pages 309-326.
    20. Kevin Sylwester, 2003. "Changes in income inequality and the black market premium," Applied Economics, Taylor & Francis Journals, vol. 35(4), pages 403-413.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:buogeo:v:44:y:2019:i:44:p:47-55:n:4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.