Analytic and Standard View

Currently, Belarus is compiling an analytical and standard presentation of the balance of payments. The difference between them is that the balance of payments is derived in the analytical presentation, showing the dependence of the country’s economy on the outside world. The balance can be positive, which indicates that the country is a creditor of […]

Simulation of the process of achieving equilibrium

The equilibrium price can be interpreted as a “fair” exchange price, which is established as a result of numerous paired transactions between sellers and buyers. This state of equilibrium is remarkable in that it is completely satisfied with demand, and there is no excessive production of goods, i.e. there is no overproduction of the product […]

Bankruptcy proceedings

In accordance with the Law of the Republic of Belarus “On Economic Insolvency (Bankruptcy)”, the system of measures for the bankruptcy of an enterprise involves a number of procedures. The bankruptcy procedure is an event applied in relation to the enterprise – the debtor. The main purpose of these measures is to resolve property disputes […]