Does the Development of the Financial Sector Influence the Results of Belarusian Enterprises?

Does the Development of the Financial Sector Influence the Results of Belarusian Enterprises?

Case Belarus has issued a new analytical research report entitled Does the Development of the Financial Sector Influence the Results of Belarusian Enterprises? (in Russian, download pdf).  It presents the results of the study analysing the barriers which prevent Belarusian enterprises from getting financial support. It also contains estimations of annual loses produced by this barriers as well as estimations of potential benefits brought by the development of financial markets. For instance, the study has shown that 1% increase in the financing provided by non-banking sector will produce in 3 years 7.3% increase in sales and 1.5% growth in productivity.

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