On the role of state-owned enterprises in the economy of the Republic of Belarus

Cover Page

Cite item

Full Text

Abstract

The article examines modern research approaches to assessing the role of state-owned enterprises (SOEs) in the economy of the Republic of Belarus. There are the results of the analysis of the main statistical indicators characterizing the activities of Belarusian SOEs. The study highlights key trends of their development and emphasizes dominant role of Belarusian SOEs in the national economy. The risks caused by the low efficiency of the management system are also emphasized.

About the authors

Nadezhda D. Frolova

Institute of Economics of the RAS

Author for correspondence.
Email: nrasskazikhina@yandex.ru
ORCID iD: 0000-0002-3696-2688

Ph.D in Economic Sciences, Senior Researcher of the Center for Public Administration Research

Russian Federation, Moscow

References

  1. Astakhova S. Belarus: Cooperation with Russia in the Conditions of the Sanctions // Russia and New States of Eurasia. 2023. No. 2 (59). Pp. 103–111. (In Russ.). doi: 10.20542/2073-4786-2023-2-103-111. EDN: RGJEMQ.
  2. Grosman A., Kozarzewski P., Okhmatovskiy I. Varieties of capitalism in central and eastern Europe. In book: Oxford Handbook of Central and East European Management and OrganizationsPublisher: Oxford University Press, 2023.
  3. Rudy K. State Capitalism in Belarus // World Eсonomy and International Relations. 2016. Vol. 60. No. 4. Pp. 77–85. (In Russ.). doi: 10.20542/0131-2227-2016-60-4-77-85. EDN: VZRXNP.
  4. Rudy K. State Capitalism in Belarus: Behind Economic Anemia [Internet. Public Sector Crisis Management. IntechOpen, 2020. doi: 10.5772/intechopen.93606.
  5. Rudy K. Behavioral Economy: Main Features in Belarus // World Eсonomy and International Relations. 2018. Vol. 62. No. 6. Pp. 36-44. (In Russ.). doi: 10.20542/0131-2227-2018-62-6-36-44. EDN: XQMYTR.
  6. Rudy K. State Capitalism Reforms and the Path for Belarus: Financial Diet. Cambridge Scholars Publishing, 2020.
  7. Kozarzewski P., Papko A. The Belarusian Development Path: From Command Economy to State Capitalism? In: Ricz J., Gerőcs T. (eds.). The Political Economy of Emerging Markets and Alternative Development Paths. International Political Economy Series. Palgrave Macmillan, Cham. 2023. doi: 10.1007/978-3-031-20702-0_7.
  8. Hajduk K. The sector of state-owned enterprises: structural challenges // Bankauski vesnik. 2020. No. 3. Pp. 26–30. (In Russ.).
  9. Daneyko P., Chubrik A., Gaiduk K., Bornukova K., Kruk D. Transformation of the sector of stateowned commercial enterprises in Belarus // IPM Research Center, BEROC Center for Economic Research, 2020. https://research.by/webroot/delivery/files/pdp2020r07.pdf (accessed: 11.02.2025). (In Russ.).
  10. Frolova N.D. The governance of companies with state participation (international experience): Scientific report. М.: Institute of Economics of the RAS, 2024. (In Russ.).
  11. Kim K. The Role of State Ownership: Overview of State-Owned Entities in the Global Economy. Roosevelt Institute, 12.02.2024. https://rooseveltinstitute.org/publications/the-role-of-state-ownership
  12. Alami I., Dixon A. D., Gonzalez-Vicente R., Babic M., Seung-Ook L., Medby I. A., Graaff N. Geopolitics and the ‘New’ State Capitalism // Geopolitics. 2021. Vol. 27. Iss. 3. Pp. 995–1023. doi: 10.1080/14650045.2021.1924943.
  13. Vagliasindi M., Cordella T., Clifton J. Introduction: Revisiting the Role of State-Owned Enterprises in Strategic Sectors // Journal of Economic Policy Reform. 2022. Vol. 26. Iss. 1. Pp. 1–23. doi: 10.1080/17487870.2022.2080409.
  14. Bernier L, Florio M., Bance Ph. The Routledge Handbook of State-Owned Enterprises. New York. Routledge. 2020. doi: 10.4324/9781351042543.
  15. Smotritskaya I.I., Frolova N.D. To the issue of development of entrepreneurial state activity // Society and Economy. 2024. No. 4. Pp. 5–16. (In Russ.). doi: 10.31857/S0207367624040012.
  16. Qi H., Kotz D.M. The Impact of State-Owned Enterprises on China’s Economic Growth // Review of Radical Political Economics. 2020. Vol. 52. Iss. 1. Pp. 96–114. doi: 10.1177/0486613419857249.
  17. Belloc F. Innovation in State-Owned Enterprises: Reconsidering the Conventional Wisdom // Journal of Economic Issues. 2014. No. 48 (3). Pp. 821–848. doi: 10.2753/JEI0021-3624480311.
  18. Castelnovo P. Innovation in private and state-owned enterprises: A cross-industry analysis of patenting activity // Structural Change and Economic Dynamics. 2022. Vol. 62. Pp. 98–113. doi: 10.1016/j.strueco.2022.05.007.
  19. Polterovich V.M. Privatization and the rational ownership structure. Part 1: privatization: the efficiency problem // The economic science of modern Russia. 2012. No. 4 (59). Pp. 7–23 (In Russ.).

Supplementary files

Supplementary Files
Action
1. JATS XML
Download


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Согласие на обработку персональных данных

 

Используя сайт https://journals.rcsi.science, я (далее – «Пользователь» или «Субъект персональных данных») даю согласие на обработку персональных данных на этом сайте (текст Согласия) и на обработку персональных данных с помощью сервиса «Яндекс.Метрика» (текст Согласия).