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Leszek Balcerowicz: “Great ecoomist” Lukashenka drives Belarus to catastrophe

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Leszek Balcerowicz: “Great ecoomist” Lukashenka drives Belarus to catastrophe

The Belarusian economy keeps afloat only due to Russia's billions.

It was said by 68-year-old Polish professor Leszek Balcerowicz, one of the world's most famous reformists, during a lecture in Kyiv, from-ua.com reports.

“Belarus had a good start. But then they elected Lukashenka, who is a 'great economist, and he said 'stop it, no more elections, we'll save on political expenses.' It has been continuing even today. We can hear that Belarus is a paradise, but those who say so don't remember how many billions of dollars were given by Russia. If it hadn't been for that money, a catastrophe would have happened long ago.

Belarus, like Turkmenistan, is almost a socialist country. Most plants are owned by the state. In all countries, in Poland too, such plants are controlled by politicians who appoint the executive officers they want. Such state-owned plants are bad if we speak about economic growth and living standards,” he noted.

Leszek Balcerowicz is one of the most prominent reformists in the world. He initiated and carried out radical reforms in Poland that made it one of the most successful countries in the EU. The Polish economy continued growing even during the crisis of 2008-2009.

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