Economy of Belarus

Economy Of Belarus

Recently, the Belarusian economy has started to suffer hyperinflation, along with Ukraine. The hyperinflation has caused the government to implement a series currency controls. Following 9.9% growth in 2006 in the first quarter 2007, the Belarus GDP grew 8.2%. GDP further grew in 2008 by 10%.

Read more about Economy Of Belarus:  Overview, Monetary Policy, Privatisation, Wages and Labour Market, Environmental Issues, Other Statistics

Famous quotes containing the words economy of and/or economy:

    Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.
    Friedrich Nietzsche (1844–1900)

    Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.
    Henry David Thoreau (1817–1862)