Belarus recovery will depend on external conditions
A slump in trade with Russia poses systemic risks to an unreformed economic system
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In this article
- The Russian effect
- Traditional industries in trouble
- Soviet-era manufacturing
- Shrinking capital investment
- Free economic zones fail to impress
- Inflation high, but decelerating
- Steep depreciation
- Reserves shrink
- Trade declines
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_350.jpg "A state vegetable factory in the outskirts of Minsk (Reuters/Vasily Fedosenko)")