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Horresco Referens

Friday, January 14, 2011

Ukraine versus Belarus

"On our return to Minsk, we find the bars and cafés full of well-dressed young people. Aggression and public displays of drunkenness are refreshingly absent from the streets. Outside the state opera (cheapest tickets US$2), we meet an Irish restaurant owner who has emigrated to Belarus. "This is the place," he says. "The economy is booming and there's a real vibe. My son and I went to Ukraine recently and everyone was saying to us: 'Can we have the Belarus president in charge here for a year?'"

It's not difficult to see why. Unlike Ukraine and Russia, Belarus's economy is not dominated by billionaire oligarchs. There is no underclass: according to UN figures, Belarus has one of the lowest levels of social inequality in the world. Lukashenko wins elections not through fear, but because he has delivered social protection and rising standards of living. Growth now stands at 7 per cent."


A somewhat too optimistic view of Lukashenko if you ask me, especially given latest developments. Note that the Ukrainians in the article wanted Lukashenko 'for a year'. That is exactly where the problem is with Lukashenko.
Posted by Tom at 12:57 AM

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  • ▼  2011 (65)
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      • Pet Overpopulation
      • Color in Ukraine
      • Citations of Members of the Academy of Sciences
      • When to Invest in Ukraine
      • Consequences of Price Regulation
      • Ukraine the Dangerous Outlier
      • An Example To Follow
      • Surrogate Parents
      • How Ukraine Makes the International Headlines
      • Illegal Financial Flows
      • An International Ranking of Fairness
      • Ukraine and Fair Play
      • The Endogeneity of a Firm's Wage Policy
      • Political Asylum
      • Ukraine versus Belarus
      • Wholesale Markets
      • Ukraine Needs 'Harvard Boys'
      • Beer Habits
      • New Year Inflation
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About Me

Tom
Ukraine
I'm an associate professor of economics at the Kyiv School of Economics (www.kse.org.ua) and a senior researcher at the Kyiv Economics Institute (www.kei.org.ua).
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