Having chosen a controversial path during its economic transition, Belarus achieved surprisingly impressive economic results, often referred to as the "Belarusian puzzle", while the banking sector has played a central role in the Belarusian economic model. The book fills the existing literature gap on the transition of the Belarusian banking system and provides an in-depth analysis of its evolution since the country achieved independence. It shows how the role assigned to the banking sector has determined its development, how the initially unskillful and erroneous reform policies transformed...
Having chosen a controversial path during its economic transition, Belarus achieved surprisingly impressive economic results, often referred t...