Yermolovich: Belarus interested in foreign experience in improving economic governance institutions
Maksim Yermolovich. An archive photo
MINSK, 14 April (BelTA) — Belarus is interested in foreign experience in improving economic governance institutions, Deputy Head of Belarus’ President Administration Maksim Yermolovich told reporters following a meeting between Belarusian experts and well-known Russian economist Alexander Auzan in Minsk, BelTA has learned.
«Countries differ from each other, institutions work differently. In order to understand how and what will work in Belarus, we need to conduct in-depth research, to form a scientifically based model of an effective system. Life is changing, new global, regional trends are emerging. Digitalization is penetrating all areas. A certain evolution is also needed in institutions. Some areas should be supported, others should be subjected to more stringent regulation,» said Maksim Yermolovich.
According to him, Belarus and Russia are going through an important, turning point in development. The future of countries depends on the decisions taken now. Therefore, it is important to evaluate the existing institutions in order to achieve greater efficiency in the future.
«Any expert opinion is important and useful. The opinion of such an eminent economist as Alexander Auzan even more so. The main topic of the conversation is the Belarusian model, how it looks in comparison with other countries, what its advantages and disadvantages are, what risks may arise in the long term. We had an interesting discussion. This is an attempt to look beyond the planning horizons,» Maksim Yermolovich said.
He added that today’s event is the start of joint work. Specialists will continue to exchange experiences.
The meeting of Belarusian experts with Alexander Auzan was organized by the Belarusian Institute of Strategic Research. The participants of the event discussed the issues of improving the economic policy of states, the impact of socio-cultural aspects on it, and the transformation of the economic model.
Alexander Auzan is an outstanding Russian economist and public figure, Doctor of Economics, Professor, and a recognized expert in the field of institutional economics. He pays special attention to the study of cultural codes in the context of their impact on economic processes. Since 2013, Alexander Auzan has been working as Dean of the Faculty of Economics of Lomonosov Moscow State University, and also Head of the Applied Institutional Economics Chair at Lomonosov Moscow State University.
