Index

Modeling Economic Growth in Contemporary Belarus

ISBN: 978-1-83867-696-4, eISBN: 978-1-83867-695-7

Publication date: 8 November 2019

This content is currently only available as a PDF

Citation

(2019), "Index", Sergi, B.S. (Ed.) Modeling Economic Growth in Contemporary Belarus (Entrepreneurship and Global Economic Growth), Emerald Publishing Limited, Leeds, pp. 341-347. https://doi.org/10.1108/978-1-83867-695-720191022

Publisher

:

Emerald Publishing Limited

Copyright © 2020 by Emerald Publishing Limited


INDEX

Academy of Sciences of the Republic of Belarus
, 230

Access subindex
, 10

Account ownership
, 31

ADANI
, 60

Administrations

economic development
, 210–213

institutional framework
, 213–214

legal framework
, 213–214

population
, 205–210

regional policy. See Regional policy

social development
, 210–213

structure
, 205–210

Agrarian sector
, 129–144

Agreement on International Rail Freight Traffic (AIRFT)
, 158

Agricultural products
, 130, 131, 134

Agro-industrial complex (AIC)

development trends
, 130–131

foreign trade
, 138–142

national food security
, 137–138

rural development and social infrastructure
, 142–143

state programs of development
, 131–135

state support
, 135–137

AIC. See Agro-industrial complex (AIC)

AIMatter
, 48

Air transportation
, 159–160

Alfa-Bank
, 35

All-Belarusian National Assembly in 2005
, 183

Android Pay
, 35

Apalon Apps
, 49

Apple Pay
, 27, 35

Automated teller machine (ATM)
, 27, 28, 32

Aventis Capital
, 85

AVentures Capital
, 85

Balance of payments
, 236–241

Banking sector
, 275–277

BELARUSBANK Pay
, 38

Belarus Digital Infrastructure
, 33

Belarusian energy system (BES)
, 109, 110, 122–124

Belarusian nuclear power plant (BelNPP)

commissioning
, 123

integration
, 124

launch
, 123

objectives
, 122–123

organizational and commercial tools
, 124

Belarusian Optical and Mechanical Association
, 42

Belenergo
, 108

Belinvestbank
, 37

Belneftekhim
, 110, 131

Belorusneft
, 111, 112

Beltopgaz
, 110

Biomass-to-energy production
, 120

Bitcoin
, 30, 31, 36

BizTech
, 84

Blockchain
, 79

Brest–Moscow corridor
, 155

Budget investments
, 297–300

Business tourism
, 179

Capital Times
, 85

Cargo transportation
, 151, 153

Cellular communication
, 12

Chernobyl Nuclear Power Plant (NPP)
, 213

China–Belarus Industrial Park (CBIP)
, 333

Chinese-Belarusian Industrial Park
, 77, 79, 80, 81

Circular economy

circular suppliers
, 104

economic effect
, 103

features
, 102

principles
, 103

product as a service
, 104

product life extension
, 104

resources recovery
, 104

sharing platforms
, 104

Civil Code
, 69

Commercial banking
, 25–40

Commonwealth of Independent States (CIS)
, 11

Corruption Perceptions Index
, 17–18

Crude oil
, 115

Cryptocurrencies
, 79

Cryptocurrency exchanges
, 59

Cryptocurrency markets
, 34–38

Data mining
, 27

Data warehousing
, 28

Design technoparks
, 76

Destination approach
, 170

Digital currencies
, 30, 31

Digital Economy
, 33–34

Digitalization
, 29–33

Digital transformation
, 55, 59

Doing Business (DB)

information and communication technology (ICT)
, 9

quantitative indicators
, 7

ranking positions
, 7

Domestic industry
, 241

Eastern European dimension
, 331

E-Banking
, 26

Eco-labeling
, 100

Ecological tourism
, 100–101

Economic growth

balance of payments
, 312–314

currency crisis
, 309

GDP
, 309–319

input–output tables
, 314–315

scenarios
, 316–318

Education

for adults
, 183

code
, 69

higher education
, 183–185

innovative economy
, 183–185

potentials
, 16

scope
, 181–183

structure
, 181–183

Energy balance
, 113–114

Energy security concept
, 116

“Entrepreneurial organizations,” 184

Entrepreneurial universities

Belarus
, 186–187

social guidelines
, 187–188

Environmental impact assessment (EIA)
, 95

EPAM Systems
, 51

E-40 system
, 160

Ethereum
, 36

Eurasian Economic Union (EAEU)
, 2, 91

Europe 2020 Strategy
, 195

Export customs duties
, 329

Exports
, 235–247

Fabby
, 48

Facebook
, 48

FEI. See Fuel and energy industry (FEI)

Financial stability

achievements
, 279–284

board
, 272–273

definition
, 270

development prospects
, 285–286

disclosure of information
, 273–274

monitoring
, 271–272

problems
, 284–285

role
, 271

Financial technology. See FinTech

FinTech
, 25–40

Fiscal policy

budget investments
, 297–300

economic growth
, 291–297

sustainable development
, 290

sustainable growth
, 301–303

tax expenses
, 297–300

Fixed capital
, 65, 66

Flagship initiatives
, 332

Flo
, 49

Foreign direct investment (FDI)

business report indicators
, 2018, 261–266

institutional foundations
, 261–266

internationalization of business activity
, 257–261

investment climate assessment
, 251–254

transnational corporations (TNCs)
, 254–257

trends and regional directions
, 249–251

Foreign economic policy

Formats of Cooperation
, 330–335

geography
, 330–335

international economic integration processes
, 335–339

national sustainable development strategy
, 323

objective
, 324–330

principles
, 324–330

transformation
, 324–330

Foreign trade
, 68, 235–236

Fuel and energy industry (FEI)

Belarusian energy system (BES)
, 109, 110

Belarusian nuclear power plant (BelNPP)
, 122–124

Belenergo
, 108

Belorusneft
, 111, 112

energy security issues
, 112–118

gas industry
, 110

local and renewable energy sources
, 119–122

management structure
, 108

peat industry
, 110

petroleum industry
, 110–111

Gas industry
, 110

Gender Development Index (GDI)
, 3, 5, 6

Geothermal waters
, 120

GII
, 14

Gini coefficient
, 4

Global Innovation Index
, 14

Global ratings
, 1–22

Google Pay
, 27

Governance Matters
, 18–19

Green economy

concept
, 93

ecological tourism
, 100–101

electric transport and urban mobility
, 97–98

energy-efficient homes and housing stock
, 98

external factors
, 95

factors
, 95

features
, 93

implementation
, 94

internal factors
, 95

National Action Plan (NAP)
, 96

organic products
, 99

principles
, 94

renewable energy sources
, 98–99

“smart” cities
, 97–98

sustainable consumption and production
, 99–100

Gross domestic product (GDP)
, 70

agriculture
, 65

energy intensity
, 120, 121

industrial sector
, 65

knowledge-intensive
, 81

logistics contribution
, 149

manufacturing sector’s
, 65

structure
, 64

Gross National Income (GNI)
, 3

Gross regional product (GRP)
, 210

Gross value added (GVA)
, 239

Higher education
, 183–185

High-Tech Park (HTP)
, 33, 44, 48, 77

company number
, 56

monthly revenues per employee and salary
, 58

residents
, 79

Highways
, 150–155

Hospitality industry
, 163–179

Housing Fund of the Republic of Belarus
, 225–226

Human Development Index (HDI)
, 2–7

ICT Development Index (IDI)

Commonwealth of Independent States (CIS)
, 11

dynamic of ranking
, 11

education potential
, 16

individuals using internet
, 11

institutional environment
, 15

market sophistication
, 16

monitoring prices
, 12

strengths
, 12

subindices
, 10

weaknesses
, 12–13

ID Finance
, 33

“Immiserizing growth” effect
, 58

Imports
, 235–247

Independent organizations
, 198

Index method
, 170

Indicators
, 3, 4

analysis
, 14

component
, 8

Domestic credit provided by financial sector
, 8

energy security
, 117–118

groups
, 15

High-Tech Park (HTP)
, 44

knowledge-intensive GDP
, 81

proxy
, 10

Industrial assembly shop
, 65

Industrial development
, 63

Industrial policy
, 64, 67–71

Industrial production
, 66

Industrial technoparks
, 76

Industry 4.0
, 41–60

Inequality-adjusted Human Development Index (IHDI)
, 3, 4, 5

Information technology
, 28

Infrastructure Interagency Coordinating Council (IICC)
, 200

Innovation clusters
, 73–85

Innovation infrastructure
, 77

Innovation networks
, 73–85

Innovations
, 13, 14, 15

for adults
, 183

higher education
, 183–185

innovative economy
, 183–185

scope
, 181–183

social innovation. See Social innovation

structure
, 181–183

Innovation Union
, 196

Innovative economy
, 183–185

Institutional development tasks
, 68

Institutional environment
, 15

INSYNC.BY
, 39

Integral
, 42

Intellectual property
, 76, 77

Interministerial Infrastructure Coordination Board
, 198

Internal passports
, 229

International chained-brand hotels
, 168

International hotel chains (IHG)
, 168

International Monetary Fund (IMF)
, 36

International ratings
, 2, 21, 22

International specialization
, 236

International Telecommunication Union (ITU)
, 9

Internet banking
, 26

Internet of Things
, 33

Investment

Housing Fund of the Republic of Belarus
, 225–226

information and communication technologies
, 229

infrastructure
, 226–229

smart city creation and implementation
, 230–231

Investment tasks
, 68

IT outsourcing
, 41–60

IT sector

digital economy formation
, 55–56

indicators of dynamics
, 42–44

legislation and policy documents
, 54–55

success stories
, 44–51

Labor Code
, 69

Logistics
, 147, 148

Macroeconomic facts and effects
, 51–53

Macroeconomic tasks
, 68

Mail.Ru Group
, 48

Maps.me
, 48

Market sophistication
, 16

Measuring the Information Society Report (MISR)
, 9–10

Microeconomic policy
, 64

Minsk-1
, 42

Minsk–Gomel road
, 155

Minsk–Mogilyov road
, 154

Minsk Production Group for Computing Machinery
, 42

Mobile access
, 12

Mobile-Money-Service Provider
, 31

Monitoring prices
, 12

MSQRD
, 48

Municipal solid waste (MSW)
, 100

National Bank

banking sector
, 275–277

description
, 274–275

financial stability. See Financial stability

leasing organizations
, 277

microfinance organizations
, 277

payment system
, 278

stocks and bonds market
, 278

National Classification of Economic Activities
, 43

National competitiveness
, 64

National food security
, 137–138

National Infrastructure Plan of the Republic of Belarus
, 201

National Statistics
, 236–241

National Sustainable Development Strategy (NSDS)
, 92

Nontariff regulation measures
, 328

NSDS-97
, 90

NSDS-2030
, 91, 92, 103

Online banking
, 26

On State Forecasting and Programs of Social and Economic Development of the Republic of Belarus
, 214

Open API platform
, 35

Organizational–institutional principles
, 194

PandaDoc
, 49

Payment Services Directive (PSD)
, 30

Payment system
, 26

PayPal
, 27

Peat industry
, 110

Peer-to-Peer Electronic Cash System
, 30

PETC II
, 156–157

PETC IX
, 157–159

Petroleum industry
, 110–111

Pipeline
, 161

Pipelines transportation
, 112

Population
, 205–210

Preferential investment regime
, 262

Proactive policy
, 67

Public entities
, 198

Public–private partnerships (PPPs)

characteristics
, 195–199

definition
, 195

institutional conditions
, 199

mechanism of implementation
, 199–203

organizational–institutional principles
, 194

risk management
, 202

task issues
, 195

Purchasing power parity (PPP) conversion rates
, 3

Quality of Life Index
, 16–17

Railway transport

PETC II
, 156–157

PETC IX
, 157–159

Reactive industrial policy
, 67

Regional policy
, 67

goals
, 214–217

institutional framework
, 213–214

instruments
, 217–218

legal framework
, 213–214

objectives
, 214–217

subjects
, 214–217

Remote banking services (RBS)
, 39

Renewable energy
, 119, 121

Research technoparks
, 76

Risk management
, 202

Road transport
, 150–155

“Salary ceiling” effect
, 58

Samsung Pay
, 35

Scientific and technology incubator
, 76

ServiceNow
, 49

Silicon Valley of Eastern Europe
, 9

Skills subindex
, 10

Skywind Group
, 44

Small and medium enterprises (SMEs)
, 82

Smart cities

creation
, 230–231

implementation
, 230–231

investment. See Investment

modern trends
, 223

positive impact
, 224

“Smart” cities
, 97–98

Social innovation
, 193–204

Society for Worldwide Interbank Financial Telecommunication (SWIFT)
, 28

Socioeconomic indicators
, 132–133

Socioeconomic systems
, 73

Software products
, 44, 48, 49

Sport.com
, 44

Startups
, 49, 50

State-owned enterprises
, 66

Structural changes
, 64–67

Sustainable development
, 290

green economy
, 93–101

institutional framework
, 90–92

Sustainable development goals (SDGs)
, 16, 91, 92

Sustainable Development Solutions Network (SDSN)
, 16

Sustainable growth
, 301–303

Tariff import quotas
, 329

Tax Code
, 69

Tax expenses
, 297–300

Technological development tasks
, 68

Technological parks
, 74

design
, 76

industrial
, 76

research
, 76

scientific and technology incubator
, 76

types
, 75

Technology-based banking services
, 27–29

Total transaction value
, 32

Tourism
, 163–179

Tourism competitiveness
, 170–177

Trade in value added method

balance of payments
, 236–241

definition
, 241–244

domestic industry
, 241

foreign trade
, 235–236

indicators
, 245–246

international specialization
, 236

National Statistics
, 236–241

results
, 244–246

Trans-European Transport Networks (TEN-T)
, 156

Transnational corporations (TNCs)
, 254–257

Transport sector
, 148, 153

UN Global E-Government Development Index (EGDI)
, 19–22

United Nations Development Program (UNDP)
, 2

University 3.0 concept
, 84, 184

Urbanization
, 98

Use subindex
, 10

V-BANKING
, 39

Viaden Media
, 44

Viber
, 44

Virtual money
, 36

Wargaming.net
, 44

Water transport
, 160

Western European dimension
, 331

Wind energy
, 120

Wooden fuel
, 120

World Economic Forum (WEF)
, 170

World Hockey Championship
, 164, 166

World Intellectual Property Organization (WIPO)
, 14

World Justice Project Rule of Law Index
, 18

World of Tanks
, 44

World Trade Organization (WTO)
, 142

Prelims
Chapter 1 Belarus in Global Ratings: Position and Dynamics
Chapter 2 FinTech and Commercial Banking Development in Belarus
Chapter 3 Future of the Belarusian IT Sector: From IT Outsourcing to Industry 4.0?
Chapter 4 Industrial Development, Structural Changes, and Industrial Policy in Belarus
Charter 5 Technological Parks, Clusters, and Innovation Networks: Expected Transformation of Innovative Sector
Chapter 6 Belarus on the Way to Sustainable Development: Circular Economy and Green Technologies
Chapter 7 Changes in Fuel and Energy Industry: What to Expect after the Launch of Belarusian Nuclear Power Plant?
Chapter 8 Agrarian Sector: Trends, Scenarios, Policy
Chapter 9 How to Make Money on Geography: Transportation and Logistics Services in Belarus
Chapter 10 The Development of the Tourism and Hospitality Industry
Chapter 11 Education and Innovation Growth: Establishing Entrepreneurial Universities
Chapter 12 Public–Private Partnerships and Social Innovation in Belarus
Chapter 13 Administrative Arrangement, Spatial Development, and Regional Policy in Belarus
Chapter 14 Smart Cities
Chapter 15 What Belarus Produces, Exports, and Imports: Analyzing Trade in Value Added
Chapter 16 Foreign Investments and TNCs
Chapter 17 The Policy of the National Bank of the Republic of Belarus to Ensure Financial Stability: Achievements, Problems, and Prospects
Chapter 18 Improving Fiscal Policies: Evolution or Revolution?
Chapter 19 Economic Growth in Belarus: Analysis, Forecasts, and Scenarios
Chapter 20 Foreign Economic Policy of Belarus: Integration and Multivector
Index