Market Socialism in Belarus: An Alternative to China&apos;s Socialist Market Economy

Li, Yan.; Cheng, Enfu

doi:10.13169/worlrevipoliecon.11.4.0428

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World Review of Political Economy

Volume 11, Issue 4

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Market Socialism in Belarus: An Alternative to China's Socialist Market Economy

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research-article

Author(s): Yan Li , Enfu Cheng

Publication date (Print): 1 December 2020

Journal: World Review of Political Economy

Publisher: Pluto Journals

Keywords: Belarus, market socialism, Lukashenko, socialist market economic system

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Abstract

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

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Author and article information

Journal

Journal ID (doi): 10.2307/j50005553

Journal ID (jcode): worlrevipoliecon

Title: World Review of Political Economy

Publisher: Pluto Journals

ISSN: 2042-891X

ISSN: 2042-8928

Publication date (Print): 1 December 2020

Volume: 11

Issue: 4 ( doiID: 10.13169/worlrevipoliecon.11.issue-4 )

Pages: 428-454

Article

Publisher ID: worlrevipoliecon.11.4.0428

DOI: 10.13169/worlrevipoliecon.11.4.0428

SO-VID: 6a9e1d5b-721d-4b6d-8758-ebae5258d5d6

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ScienceOpen disciplines: Political economics

Keywords: Lukashenko,market socialism,Belarus,socialist market economic system

References

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Comments

Comment on this article

[1] Armor, A. 2016. “Belarusian ‘Market Socialism': What's Next?” [In Russian.] Accessed May 23, 2020. https://regnum.ru/news/polit/2119932.html.

[2] Bogdan, N. I., and T. V. Bukhovets. 2015. “Theory and Practice of Privatization.” [In Russian.] Accessed May 23, 2020. https://rep.bntu.by/bitstream/handle/data/35866/Gosudarstvo_i_sobstvennost_v_Respublike_Belarus.pdf?sequence=1&isAllowed=y.

[3] Bykov, A. 2014. “Features of the Formation and Implementation of the Model of Neo-Industrial Development of the Economy of the Republic of Belarus.” [In Russian.] Sociology, no. 2: 58–68.

[4] Cheng, E., and Y. Sun. 2015. “Israeli Kibbutz: A Successful Example of Collective Economy.” World Review of Political Economy 6 (2): 160–175.

[5] Dzhgarkava, N. 2020. “Insurance for Lukashenko: Why in Belarus the Government Changed.” [In Russian.] Gazeta, April 6.

[6] Fang, R., and S. Li. 2013. “State Guidance and Social Participation: Patriotism Education in Belarus.” [In Chinese.] Academic Exchange, no. 4: 47–53.

[7] Han, L. 2018. “The Current Situation and Prospect of Economic Development in Belarus.” [In Chinese.] Eurasian Economy, no. 3: 111–128.

[8] Huang, Z. 2011. “‘Market Socialism' Brings Belarus Back to Life: Report on the Study Visit of Training Program for Chinese University Presidents to Belarus.” [In Chinese.] Studies on Marxism, no. 4: 124–128.

[9] IA REX. 2016. “Belarus: Social Crisis in the Country of ‘Market Socialism.'” [In Russian.] Accessed May 23, 2020. https://iarex.ru/articles/52365.html.

[10] Khabarov, A. 2020. “Lukashenko Started a Dangerous Game with Russia before the Election.” [In Russian.] Accessed May 23, 2020. https://zen.yandex.ru/media/id/5e501d684ce04c746cbf1d39/lukashenko-pered-vyborami-zateial-opasnuiu-igru-s-rossiei-5ecbe80a9a3f742070eebaea.

[11] Kovalenia, A. A. 2016. A Brief History of Belarus. [In Chinese.] Beijing: Social Science Academic Press.

[12] Liu, X., and X. Wang. 2019. “Ownership Structure Reform and Recent Trends in Russia.” [In Chinese.] Shanghai School of Economics, no. 4: 156–173.

[13] Lukashenko, A. G. 2006. “Transcript of the Press Conference of President A. G. Lukashenko for Representatives of the Russian Regional Media.” [In Russian.] Accessed May 23, 2020. https://www.sb.by/docs/a-g-lukashenko-dlya-predstaviteley-rossiyskikh-regionalnykh-smi.html.

[14] Lukashenko, A. G. 2014. There Is Nothing More Important than the Truth. [In Russian.] Moscow: Samoteka.

[15] Ministry of Economy of the Republic of Belarus. 2016. “Resolution of the Council of Ministers of the Republic of Belarus February 23, 2016 N 149: On the State Program ‘Small and Medium-Sized Business in the Republic of Belarus' for 2016–2020.” [In Russian.] Accessed May 23, 2020. http://www.economy.gov.by/uploads/files/fin-msp/Postanovlenie-ot-23.02.2016-149.pdf.

[16] National Legal Internet Portal of the Republic of Belarus. 2016. “Express Bulletin of Legislation of the Republic of Belarus for the Period from December 31, 2015 to January 13, 2016.” [In Russian.] Accessed May 23, 2020. http://www.pravo.by/pravovaya-informatsiya/normativnye-dokumenty/ekspress-byulleten/zakonodatelstvo-respubliki-belarus/2016january/20492/.

[17] NAVINI.BY. 2017. “Updated Decree No. 3: The State Forms a Database of ‘Parasites.'” [In Russian.] Accessed May 23, 2020. https://yandex.by/turbo/s/naviny.by/article/20171221/1513863576-obnovlennyy-dekret-no-3-gosudarstvo-formiruet-bazu-dannyh-o-tuneyadcah.

[18] OUR OPINION. 2005. “The Expert Community of Belarus: Belarusian Economic Model.” [In Russian.] Accessed May 23, 2020. https://nmnby.eu/news/analytics/2433.html.

[19] Pravda. 2020. “Lukashenko Instructed the New Government for Russia.” [In Russian.] Pravda, April 6.

[20] Satsyuk, S. 2016. “Tell the Truth Campaign Decides to Become a Party.” [In Russian.] Accessed May 23, 2020. https://yandex.ru/turbo?text=https%3A%2F%2Fnaviny.by%2Fnew%2F20200429%2F1588159639-kanopackaya-napisala-na-glavu-minzdrava-zayavlenie-v-genprokuraturu.

[21] Sessiya, Z. 2002. “Model of Socio-Economic Development of the Republic of Belarus as a Component of the Ideology of the Belarusian State.” [In Russian.] Accessed May 23, 2020. https://zavtrasessiya.com/index.pl?act=PRODUCT&id=252.

[22] Slon Magazine. 2015. “‘The Reserve of Socialism': What Is Wrong with the Economy of Belarus?” [In Russian.] https://republic.ru/posts/61627.

[23] Stepushova, L. 2020. “Zharikhin: Lukashenko Chooses between US Sanctions and Their ‘Ay-Ay-Ay.'” [In Russian.] Pravda, May 18.

[24] Stern, D. 2010. “Will Belarussian ‘Communism-Light' Hold On?” [In Russian.] Accessed May 23, 2020. https://inosmi.ru/belorussia/20100110/157463153.html.

[25] Su, L. 2006. “Theory and Practice of Market Socialist Reforms in Belarus.” [In Chinese.] Foreign Theoretical Trends, no. 9: 12–14.

[26] Su, L. 2007. “Analysis of the Transformation Mode of Market Socialism in Belarus.” [In Chinese.] Macroeconomic Research, no. 12: 55–59.

[27] UNDP (United Nations Development Program). 2019. Human Development Report 2019. http://hdr.undp.org/sites/default/files/hdr2019.pdf.

[28] Vasiliev, A. 2019. “‘Socialist Miracle': How Does Belarus Live Today?” [In Russian.] Accessed May 23, 2020. https://bankstoday.net/last-articles/sotsialisticheskoe-chudo-kak-segodnya-zhivet-belorussiya.

[29] Vershinin, A. A., eds. 2016. Is “Belarusian Maidan” Possible? Diagnostics and Challenges for Russia. [In Russian.] Moscow: Scientific Expert.

[30] Xinhuanet. 2019. “The Enumeration of Two Sessions ‘56789,' Private Economy Holds ‘Weight.'” [In Chinese.] Xinhuanet, March 10. Accessed May 23, 2020. http://www.xinhuanet.com/comments/2019-03/09/c_1124214167.htm?utm_source=UfqiNews.

[31] Yurchenko, N. 2020. “Chinese Greetings: Why Does Lukashenko Measure the Distance to Moscow with Missiles.” [In Russian.] Accessed May 23, 2020. https://life.ru/p/1325887.

[32] Zhan, W. 2006. “Belarus ‘Adheres to the Direction of Socialist Reform.'” [In Chinese.] Studies on Marxism, no. 9: 102–104.