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Institute for Privatization and Management Research Center 
- Moldova 2008: the new – old challenges for the economy
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June 17, 2008 16:00
The new year of 2008 traditionally began with summing up of the results for the previous year. We have to note that 2007 saw completion of both the first cycle of implementation of the “new economic policy” (Economic Growth and Poverty Reduction Strategy for 2004-2006 and the Moldova-EU Action Plan for 2005-2007) and preparation and approval of the National Development Strategy for 2008-2011.
- Assessing the Development Gap
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June 17, 2008 15:39
Current report aims to identify major existing gaps in the four socio-economic dimensions (economic, human, environmental, and institutional) and to reveal those gaps which could potentially hinder social and economic integration of neighbor states with the EU.
- Happy kids and mature losers: Differentiating the dominant logics of successful and unsuccessful firms in emerging markets
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June 17, 2008 15:30
With the onset of the cognitive revolution managerial sciences, there has been increasing interest in how top managers come to think and act strategically in response to ever changing environmental opportunities and constraints.
- Concept and Evolution of Business Models (in Russian)
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June 17, 2008 15:16
This paper tries to close that gap by developing a typology of different business models along three dimensions: value chain constellation, market power of innovators versus owners of complementary assets and total revenue potential.
- Political Economy of the Eastern Neighborhood: The Case of Belarus
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June 17, 2008 13:05
This paper is about the current role of EU policy instruments in affecting Belarusian domestic political and economical reform
- Quasi-Fiscal Activity in the Energy Sector in Belarus
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June 17, 2008 12:52
This paper aims to produce the estimation of the “quasi-fiscal activities” in the Belarusian energy sector.
- Adopting Inflation Targeting: Overview of Economic Preconditions and Institutional Requirements
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June 17, 2008 12:48
This paper is about the introduction of inflation since the beginning of the 1990s, targeting as their monetary policy framework, making low inflation the primary objective of monetary policy. This is based on the consensus view in economics that price stability is an important prerequisite for sustainable real economic growth, and central banks should thus direct their policies at achieving this goal, subordinating other, potentially conflicting objectives.
- Adopting Inflation Targeting: Overview of Economic Preconditions and Institutional Requirements
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June 17, 2008 12:47
This paper is about the introduction of inflation since the beginning of the 1990s, targeting as their monetary policy framework, making low inflation the primary objective of monetary policy. This is based on the consensus view in economics that price stability is an important prerequisite for sustainable real economic growth, and central banks should thus direct their policies at achieving this goal, subordinating other, potentially conflicting objectives.
- Business in Belarus 2007: Status, Trends, Prospects
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January 18, 2008 16:47
This report analyzes the macroeconomic and institutional environment for functioning of small and medium-sized enterprises (SMEs) in Belarus today and the existing infrastructure for their operation. Also, the results of two empirical studies devoted to the problems and performance of Belarusian SMEs are presented. It reveals numerous barriers to a much needed rapid growth of SMEs in Belarus.
- Student Loans: An Effective Instrument for Financing Higher Education
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January 18, 2008 16:46
The paper describes the basic principles of student loans, presents the peculiarities of student loan system in different countries and discusses the issue of credit risk assessment.
- Regulatory barriers for SMEs in Belarus: The Role of Price Regulation
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January 18, 2008 16:44
This paper provides stance of the SME representatives on price regulation in Belarus, and includes some rough calculations of its costs for an average SME, and for the economy in general, as well as suggests several policy recommendations for the deregulation of prices.
- Raising Funds at Western Capital Markets: Opportunities for Belarusian Companies
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January 18, 2008 16:42
This paper discusses the pros and cons of the use of foreign equity capital in the light of the efforts by Belarusian energy companies to seek finance on Western markets in order to stay competative
- Energy Shocks and Macroeconomic Management: Policy Options for Belarus
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January 18, 2008 16:40
This paper provides an overview of the facts related to the energy shock and quantify its effect on the trade balance. Also the macroeconomic implications of the energy shock.
- Public Private Partnership
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January 18, 2008 16:38
This paper aims at providing readers with some background information with regard to types and determinants of PPP, as well as lessons that can be drawn from United Kingdom, Central and Eastern Europe and the Russian experience.
- The Macroeconomic Impact of Gas Price Increase in Belarus: Quantitative Assessement
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January 18, 2008 16:37
The paper sheds a light on this issue evaluating the impact of gas price increase based on computable general equilibrium model.
- The Development of Credit Unions in Belarus
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January 18, 2008 16:36
This paper deals with the development of credit unions in Belarus. Our analysis reveals that inadequate regulation is currently the major problem hampering the development of this type of financial institution. Therefore the paper focuses especially on ways of introducing better standards for the reliable operation of credit unions, and looks at the optimal balance between prudential and non-prudential norms of regulation.
- The effects on international road freight transportation of the protectionist policies concerning the truck manufacturing industry in Belarus
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January 18, 2008 16:35
This paper discusses the protectionist policies concerning the truck manufacturing industry in Belarus and its effects on international road freight transportation.
- The Telecommunications Market in Belarus: Problems and Recommendations
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January 18, 2008 14:23
This paper discusses the necessity to decrease government interference in order to allow the telecommunications market to develop further. The paper also presents successful foreign examples of telecommunications deregulation within the EU and in CIS countries, which could be implemented in Belarus.
- Independent Regulation in Infrastructure Sectors: The Case for Regulating Local Transportation Markets in Belarus
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January 18, 2008 14:23
This paper is dedicated to the problem of independent regulation in infrastructure sectors. It starts out with a general part presenting some of the common arguments for independent regulation. It then turns to describe some current practices in England and Ukraine, and delineates the current situation on the local passenger transportation markets in Belarus. The paper argues that independent regulators should be established to regulate these markets.
- Abolishment of Turnover Taxes in Belarus: Economic and Fiscal Implications
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January 18, 2008 14:21
This paper examines the current status of turnover taxes in Belarus and assesses the recent efforts to abolish them. It argues that the turnover taxes are distortionary and that they weaken the competitiveness of the economy.
