The paper aims to identify the main trends and recommendations for the development of merchandise trade in the Eurasian Economic Union (EAEU) integrating environment through the analysis of its mutual and foreign (internal and external) merchandise trade. The study is based on the official statistical data for 2014–2018 and economic comparisons and systematisation (including geographical systematisation). The results show that the intensification of mutual and foreign trade in the EAEU is possible by stimulating consumer and industrial demand, enhancing exports of high tech products and diversifying exports, and strengthening the cooperation within the EAEU and with other countries and integration associations.
The paper contains a deep analysis of exports of Belarus and defines the proposals for its development. Economic comparisons and systematisation, which is based on the official statistical data for 2012–2018, are used in the study. It is concluded that Belarus exports have a poor diversification; export development is largely determined by Eurasian Economic Union (EAEU) integrating processes; export support of innovative goods and evolution of a single service market through the enhanced cooperation are possible. A generalised model for the export development of innovative goods and services of the EAEU member states on a cooperative basis is proposed.
The purpose of this paper is to investigate the key economic and geographical characteristics of the investment development of Belarus and how these characteristics could evolve in the future. The evaluation of the investment development of Belarus is based on comparative economic analysis, spatial analysis research methods and the cartographic method. Our results indicate a stable, predictable and enabling investment policy as the main determinant for attracting investment. This is confirmed by changes in the spatial distribution of foreign investment inflows in the real economy of Belarus by countries for 2010 and 2018. The characteristics of Belarusian investment development are identified because of the need to intensify innovative performance in the strategic dimensions of sustainable development. Particular attention is paid to the development of special economic zones with preferential regimes in the Republic of Belarus. This paper provides important new insights into the future prospects for Belarusian investment development on the basis of identified specifics.
The aim of the paper is to assess the current state, problems and prospects for the development of foreign trade in the Republic of Belarus in the international business environment. The evaluation of foreign trade indicators is based on information from different sources and on comparative economic analysis research methods. Our results indicate the export-oriented economy of the Republic of Belarus, and its dependence on the state of foreign markets and the international business environment. The identified problems in the development of Belarusian merchandise exports are due to the orientation towards primary products, and to poor diversification of products and geographical destination. Particular attention is paid to the internal and external factors restraining exports from the Republic of Belarus. Further development requires the full use of the Belarusian export potential and the implementation of measures to promptly resolve the export difficulties on international markets that stem from internal and external factors.