The Economic Factor in Belarus
Because international investors have avoided Belarus and its authoritarian regime, the country has long suffered economic stagnation. But all the signs suggest that the rot is concentrated at the top, which implies that a change in political leadership could really change everything.
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STOCKHOLM – Following a fraudulent election on August 9, Belarusian President Aleksandr Lukashenko’s authoritarian rule may soon come to an end. Massive protests are sweeping the country, and workers from many critical sectors going on strike. And if Lukashenko falls, Belarus’s prospects for establishing a normal market economy are surprisingly strong.