Classification principles

Since the balance of payments is a statistical summary of a country’s transactions with the outside world, each transaction must belong to a particular section in accordance with certain classification principles. The definition of standard balance-of-payments components is based on the following main considerations: the allocated balance of payments component should differ in behavioural patterns […]

Regional studies in the works of foreign and domestic economists

Despite the fact that the economy and management of the region is a relatively young science, regional studies have a fairly long tradition, attracting close attention of the scientific community both abroad and in Belarus. Some researchers are inclined to believe that modern regional economics as an independent scientific discipline even has its own classics, […]

Overall attractiveness of the industry and prospects for profitability

The final stage of the analysis of the industry and the competitive situation is a comprehensive assessment of the situation in the industry based on the answers to the previous six questions and the development of a conclusion about the relative attractiveness or unattractiveness of the industry in the short and long term. A number […]