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After three decades of transition to democracy and market economy, the six countries in Eastern Europe and the South Caucasus (EESC) - Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova, Ukraine – are at a turning point. Central to further progress towards the sustainable development
Like other countries of Eastern Europe and the South Caucasus (EESC), Belarus has undergone a transition from a centrally planned to a market economy over the past three decades. This transition has stagnated, as current growth drivers wane. Systematic institutional constraints and low levels of