Energy security is a complex phenomenon incorporating a variety of economic, social and environmental aspects of a country’s life. Building on a previous policy brief, which dealt mainly with the situation up until today, this text deals more with the future. It takes a detailed look at existing trends and discusses potential positive effects and challenges to energy security in Belarus. It also provides potential measures for addressing adverse effects of these trends on the country’s energy security.
Maintaining the regime of fixed exchange rate under the mechanism of current account balance adjustment assumes rather high probability of a mismatch of the actual rate with the short-term equilibrium rate
By Kruk, D., 2012
Produced by: Belarusian Economic Research and Outreach Center (BEROC)