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Cf., for example,Economic Bulletin, vol. 32. no. 12, December 1995.
In the following the decline in economic activity is portrayed exclusively on the basis of the official statistics. These sources take no account of the supposition, voiced by, among others, the World Bank, that the decline in output recorded in theCIS countries has in fact been significantly less pronounced than suggested by the official statistics due to the fact that private economic activities are not adequately covered and to the redundancy of part of state-owned production at the start of the transformation process. For a sceptical view of this supposition, see Wolfram Schrettl, Ulrich Weißenburger, Russia: Success Story or Collapse; in Sylvia Ostry, Gilbert Winham (eds),The Halifax G-7 Summit. Issues on the Table, Halifax, 1995, pp. 107f.
Cf.Minsk Economic News, no. 16/1996.
Between the start of February and mid-September, outstanding debts totalling US-$ 165 million were accumulated;cf. OMRI Daily Digest, no. 181/1996.
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The economic situation in Belarus. Economic Bulletin 33, 3–16 (1996). https://doi.org/10.1007/BF02280098
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DOI: https://doi.org/10.1007/BF02280098