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What Can Be the Way out of the Impasse in Belarus?

Author

Listed:
  • Rumen Dobrinsky

    (The Vienna Institute for International Economic Studies, wiiw)

Abstract

Public discontent with Mr. Lukashenko’s authoritarian rule had been piling up for years and came to the surface after the fraudulent presidential election held in August 2020. At present the country is in a political stalemate as the official election results are challenged by a large part of the population and by the West but recognised by Russia and China. In the present circumstances there are no straightforward ways to break the gridlock, and different scenarios are possible. At the same time the Belarusian economy is plagued with serious problems that call for radical economic reforms. Belarus’s economic and political problems are intertwined the way the political crisis will be resolved will shape the future of the Belarusian economy.

Suggested Citation

  • Rumen Dobrinsky, 2020. "What Can Be the Way out of the Impasse in Belarus?," wiiw Policy Notes 40, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:pnotes:pn:40
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    More about this item

    Keywords

    Belarus; elections; political stalemate; credibility and legitimacy of power; succession of power; economic reforms;
    All these keywords.

    JEL classification:

    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • P21 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Planning, Coordination, and Reform
    • P30 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - General

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