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What is the economy of Belarus?

Updated: 8/16/2019
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Q: What is the economy of Belarus?
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Is Belarus' economy stable?

No


What type of economy does belarus have?

state-controlled


What type of economy belarus's have?

state-controlled


What country has the fastest growing economy in europe?

Belarus has the fastest growing economy in Europe, and the 27th in the world.


How are Belarus and Russian linked?

Belarus supplies Russia on economy related conditions. Belarus and Russia have also strengthened lines of communication for better trading routes. They have helped each other flourish.


What made belarus a successful country in the economy?

Belarus has had massive growth in its economy for some years now, and it hasn't hurt that much since the huge collapse in Europe. Belarus is in debt, but less than half that of its annual GDP. Belarus also only has a 0.7% unemployment rate which is astonishing. It is the third smallest in the world. However, this was in 2010. At the collapse of the Soviet Union, all of its former countries faced an economic crisis. However, Belarus was doing better than everyone else as instead of switching to a capitalist economy, it created a socialist economy. Here, the government was able to keep the economy going and build it strong. However, in 2011, the economy of Belarus went more public. It began to fall and currently is not doing so hot. However, it is still growing strong compared to other European countries.


What has made belarus a successful country in the economy?

Belarus has had massive growth in its economy for some years now, and it hasn't hurt that much since the huge collapse in Europe. Belarus is in debt, but less than half that of its annual GDP. Belarus also only has a 0.7% unemployment rate which is astonishing. It is the third smallest in the world. However, this was in 2010. At the collapse of the Soviet Union, all of its former countries faced an economic crisis. However, Belarus was doing better than everyone else as instead of switching to a capitalist economy, it created a socialist economy. Here, the government was able to keep the economy going and build it strong. However, in 2011, the economy of Belarus went more public. It began to fall and currently is not doing so hot. However, it is still growing strong compared to other European countries.


List the three countries that have command economy?

There are six countries with a command economy: Belarus Cuba Libya Myanmar North Korea Saudi Arabia


Why have foreign companies been unwilling to do business in Belarus?

Because the country is still linked to Russia's weak economy. :)


European nations moved away from communist rule except who?

/* Russia */ BELARUS has resisted efforts to introduce a market economy.


What is the port of Belarus?

There are no ports in Belarus because Belarus is a landlocked country.


Why is Belarus economy weak?

Because they are Dippwads HeHe Ima just kidding with you I really don't know & I need the awnser for my test but I cant find it .