题名: |
Structural Challenges for SOEs in Belarus : A Case Study of the Machine Building Sector |
责任者: |
Favaro, Edgardo<=>Smits, Karlis<=>Bakanova, Marina |
关键词: |
Private Sector Development;E-Business;Finance and Financial Sector Development;Debt Markets;Macroeconomics and Economic Growth;Markets and Market Access;Economic Theory and Research;Transport Economics Policy and Planning;Transport |
学科分类: |
交通运输规划与管理 |
摘要: |
Are Belarus's state owned enterprises positioned to grow in 2011-2015 as successfully as in 1995-2006? State owned enterprises account for 55 percent of Belarus's output and two-thirds of overall employment; economic growth in 1995-2006 was the result of capacity expansion and productivity improvements in state owned enterprises. These sources of economic growth originated in policy decisions that preserved the functioning of the command and control economy and allowed the country to exploit preferential commercial access to the Russian market in several goods and services. Are the same reasons likely to facilitate the performance of state owned enterprises and overall economic growth in 2011-2015? This paper concludes that this is not likely to happen. Times have changed: the slowdown in production and exports in 2009-2010 was unquestionably associated with a transitory decline in demand for durable goods in Russia. But there have also been more permanent market forces at work: a steady increase in competition in Russia and other Commonwealth of Independent States markets resulting from low-price Chinese and Russian-produced capital goods; and a shift in demand from low-quality/low price to high-quality, high-price transport equipment demand in Russia and other Commonwealth of Independent States markets. And these forces are there to stay. This conclusion leads to the following questions: Would state owned enterprises be able to adapt to observed market changes? What reforms would be relevant to facilitate the necessary adaptation? |
出版机构: |
World Bank |
报告类型: |
咨询报告 |
详细地址: |
http://documents.worldbank.org/curated/en/2012/03/15967918/structural-challenges-soes-belarus-case-study-machine-building-sector |
资源类型: |
科技(咨询、行业)报告 |
初始创建时间: |
2012-03 |
最新修改时间: |
2017-12-14T09:05:29Z |