Publication

On 25 August 2010, an Agency for Investment and Privatisation was launched in Belarus. Given the deteriorating condition of the Belarus economy, the establishment of the Agency signals the Minsk authorities’ readiness to continue cooperation with such Western partners as the IMF and the EU. Under the circumstances, both organisations should pursue a consistent policy of conditionality to push through measures that will genuinely liberalise the Belarus economy. Economic changes thus initiated in Belarus could contribute to triggering the process of political change in this country.