The economic model of Belarus under A. Lukashenka’s regime: emergence, functioning, social and political consequences 3620-EMB-SP-OG
1. The emergence of the “Belarusian economic model: from rise to the crisis (1991–2006)
2. Limited attempts of market reforms (2007–2015) and stabilization based on market mechanisms (2015–2020)
3. Tightening the grip again (Since Autumn 2020)
4. The state as a main actor in the Belarusian economy: ownership function of the state, state planning system, discrimination of private business
5. State-organized informal practices
6. How entrepreneurs adapt to state-imposed informal rules
Course coordinators
Type of course
Learning outcomes
After completing the series of lectures, the student is expected to be able to:
-indicate the basic features of the economic model created during the authoritarian rule of Aliaksandr Lukashenko;
-describe the main stages of its development;
-describe the impact of the economic system on the structure of Belarusian society;
-define the basic concepts of the neo-institutional theory: institution, formal versus informal institution, extractive versus inclusive institution, reasons for the emergence of informal institutions;
-list the informal institutions created by the Belarusian authorities to extract resources from the private sector.
Assessment criteria
Student activity during classes, oral exam grade