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From £29.99

The Behavioural Economics of Belarus

“Because We Decided So”
By: Kiryl Rudy

From £29.99

A unique study of Belarus, a country “trapped in transition” from state capitalism to a market economy. This book explains how economic decisions are made and proves that to boost economic reforms, the government needs the support of the high-income public.

This book is a unique study of a transition economy, using the little-known case of Belarus, a country “trapped in transition” from state capitalism to…
From £29.99
From £29.99
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This book is a unique study of a transition economy, using the little-known case of Belarus, a country “trapped in transition” from state capitalism to market economy. The first of its kind, this book explains how decisions are made by economic authorities and businesses in this developing country. It proves that, in order to boost economic reforms, the Belarusian government needs to rely on the support of the high-income public.

At the age of 23, Dr Kiryl Rudy became the youngest PhD economist in Belarus. He is the author of more than 200 articles, and, in 2004, was a Fulbright Scholar at Indiana University, USA. From 2013 to 2016, he served as Economic Advisor to the President of the Republic of Belarus and Chief of the Economic Department at the President’s Office. From 2016-2020, Dr Rudy served as the Ambassador of Belarus in China. He is currently a member of the supervisory board of Belarus Development Bank.

Hardback

  • ISBN: 1-5275-5858-4
  • ISBN13: 978-1-5275-5858-8
  • Date of Publication: 2020-10-26

Paperback

  • ISBN: 1-5275-9576-5
  • ISBN13: 978-1-5275-9576-7
  • Date of Publication: 2023-03-28

Ebook

  • ISBN: 1-5275-6058-9
  • ISBN13: 978-1-5275-6058-1
  • Date of Publication: 2023-03-28

Subject Codes:

  • BIC: KCK, KCM, KJK
  • THEMA: KCK, KCM, KJK
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  • “A bright look at the economy through the everyday values and stereotypes of modern Belarusians. It is original research which shows how cultural codes determine national economy and economic policy. It is a fascinating and easy read which will attract wide range of readers.”
    - Yulia Chernyavskaya Author of Belarusians: From ‘tuteishyh’ to Nation
  • “To ‘decode’ traditionally has two meanings: to ‘decipher’, i.e., to find the meaning of something hidden behind symbols, and to ‘deprogramme’, i.e., to free from an imposed programme, from the spell of an inserted code. Kiryl Rudy’s book copes brilliantly with the first aspect of decoding. It is to be hoped that the author will take an active part in the implementation of the second aspect of the process.”
    - Andrey Movchan Director, Carnegie Moscow Center’s Economic Policy Program, Russia.
  • “A first-of-its-kind book that links the national specific psyche of Belarusians to the country’s economic and social development.”
    - Yuri Tserlukevich Professor of Finance and Director of Finance PhD Program, Arizona State University, USA.
  • “Fiscal problems are a particular type of public choice in which not all stakeholders are included. Shifting global political, financial orders, globalization, all make this book a must-read not for just the current generation, but many more to come. It draws a lot of parallels between Belarus and China”.
    - Zhu Ning, Professor of Finance, Tsinghua University, China; author of China’s Guaranteed Bubble.
  • “What factors affect economic development? Based on evidence from Belarus, this book offers an opportunity to take a fresh look at this classical question. This book is a wonderful read that gives food for thought.”
    - Yuriy Gorodnichenko Professor of Economics, University of California – Berkley, USA

Meet The Author