Belarus in the EAEU: problems and perspectives of economic growth

  • Catherine G. Gospodarik Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus
  • Mikhail M. Kovalev Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

Abstract

The article analyzes the benefits for the EAEU member countries in implementing the innovation breakthrough scenario. In the first part of the article the authors analyze the main existing problems associated with economic growth in the EAEU countries. The second part reveals possible prospects for the implementation of the innovation breakthrough scenario based on hybrid forecasting models, as well as consensus forecasts. The third part of the article gives recommendations for the development of a roadmap in the scenario of an innovative breakthrough.

Author Biographies

Catherine G. Gospodarik, Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

PhD (economics), docent; head of the department of analytical economics and econometrics, faculty of economics

Mikhail M. Kovalev, Belarusian State University, 4 Niezaliežnasci Avenue, Minsk 220030, Belarus

doctor of science (physics and mathematics), full professor; professor at the department of analytical economics and econometrics, faculty of economics

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Published
2020-09-12
Keywords: Eurasian Economic Union, economic growth, innovation shoot, digital economy, growth models
How to Cite
Gospodarik, C. G., & Kovalev, M. M. (2020). Belarus in the EAEU: problems and perspectives of economic growth. Journal of the Belarusian State University. Economics, 1, 86-95. Retrieved from https://journals.bsu.by/index.php/economy/article/view/2748
Section
O. Economic Development, Innovation, Technological Change, and Growth