Publications

All publications
02
Nov
2020
Latest publications by IPM Business School (Belarus)
Publication source:
  • Members
IPM Business School is glad to share the recent publications in research, including “Free Policy Brief: Does Political Illegitimacy in Belarus Imply New Economic Risks?”.
  1. Global Entrepreneurship Monitor Report: GEM Belarus 2019/2020. Maryia Akulava, Radzivon Marozau,Aliaksandr Abrashkevich, Maribel Guerrero
  2. Prospects for Corporate Governance Development in Belarus. Radzivon Marozau. 
  3. FREE Policy Brief: Does Political Illegitimacy in Belarus Imply New Economic Risks? Dzmitry Kruk, Lev Lvovskiy.
    Today’s political crisis in Belarus has given a rise to the phenomenon classified in political science as political illegitimacy. However, this is not a pure political phenomenon. It causes adverse and severe economic adjustments. In a short-term perspective, it gives a rise to numerous risks of financial destabilization. Moreover, it is likely to deepen the current recession and make it protracted. In the long-term, political illegitimacy causes adverse institutional adjustments and erosion of human capital, which is likely to lead a country into a long-standing depression. We argue that resolving the political crisis in a way that revives trust and legitimacy is the only ‘good’ solution.