Market Socialism in Belarus: An Alternative to China's Socialist Market Economy
<p class="first" id="d371572e86">Since Lukashenko came to power, Belarus has embarked on the road of market socialism, in which privatization has been halted, and the dominant position of state-owned economic components in the national economy has be...
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Format: | Article |
Language: | English |
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Pluto Journals
2020-11-01
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Series: | World Review of Political Economy |
Online Access: | https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.11.4.0428 |
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author | Yan Li Enfu Cheng |
author_facet | Yan Li Enfu Cheng |
author_sort | Yan Li |
collection | DOAJ |
description | <p class="first" id="d371572e86">Since Lukashenko came to power, Belarus has embarked on the road of market socialism,
in which privatization has been halted, and the dominant position of state-owned economic
components in the national economy has been established; a vertically managed and
efficient model of state governance has been implemented, the presidential leadership
has been strengthened, and social fairness and justice have been prioritized. In addition,
Belarus has kept good diplomatic relations with the CIS (Commonwealth of Independence
States) countries, China, and other countries through pluralistic and multi-directional
diplomacy. Market socialism has helped the economy of Belarus recover from the decline
immediately following the breakup of the USSR and develop rapidly. The country's economic
foundation has been getting increasingly stable. A strong social security system has
been established, and social welfare covers the largest social groups, which ensures
employment and civil rights to the greatest extent, continuously improves the living
standards of the population, and thus avoids social division and ensures social stability.
Market socialism in Belarus is a special system of socialist market economy, its theory
and practice can teach important lessons to the current practice of socialism and
the reform of capitalist system
</p> |
first_indexed | 2024-04-09T14:34:21Z |
format | Article |
id | doaj.art-08031afdb0b04337be8606aac0883d5d |
institution | Directory Open Access Journal |
issn | 2042-891X 2042-8928 |
language | English |
last_indexed | 2024-04-09T14:34:21Z |
publishDate | 2020-11-01 |
publisher | Pluto Journals |
record_format | Article |
series | World Review of Political Economy |
spelling | doaj.art-08031afdb0b04337be8606aac0883d5d2023-05-03T13:57:25ZengPluto JournalsWorld Review of Political Economy2042-891X2042-89282020-11-0111442845410.13169/worlrevipoliecon.11.4.0428Market Socialism in Belarus: An Alternative to China's Socialist Market EconomyYan LiEnfu Cheng<p class="first" id="d371572e86">Since Lukashenko came to power, Belarus has embarked on the road of market socialism, in which privatization has been halted, and the dominant position of state-owned economic components in the national economy has been established; a vertically managed and efficient model of state governance has been implemented, the presidential leadership has been strengthened, and social fairness and justice have been prioritized. In addition, Belarus has kept good diplomatic relations with the CIS (Commonwealth of Independence States) countries, China, and other countries through pluralistic and multi-directional diplomacy. Market socialism has helped the economy of Belarus recover from the decline immediately following the breakup of the USSR and develop rapidly. The country's economic foundation has been getting increasingly stable. A strong social security system has been established, and social welfare covers the largest social groups, which ensures employment and civil rights to the greatest extent, continuously improves the living standards of the population, and thus avoids social division and ensures social stability. Market socialism in Belarus is a special system of socialist market economy, its theory and practice can teach important lessons to the current practice of socialism and the reform of capitalist system </p>https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.11.4.0428 |
spellingShingle | Yan Li Enfu Cheng Market Socialism in Belarus: An Alternative to China's Socialist Market Economy World Review of Political Economy |
title | Market Socialism in Belarus: An Alternative to China's Socialist Market Economy |
title_full | Market Socialism in Belarus: An Alternative to China's Socialist Market Economy |
title_fullStr | Market Socialism in Belarus: An Alternative to China's Socialist Market Economy |
title_full_unstemmed | Market Socialism in Belarus: An Alternative to China's Socialist Market Economy |
title_short | Market Socialism in Belarus: An Alternative to China's Socialist Market Economy |
title_sort | market socialism in belarus an alternative to china apos s socialist market economy |
url | https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.11.4.0428 |
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