Former Belarus Official Releases Comprehensive Study on Political-Economic Intersection
TL;DR
Dr. Kiryl Rudy's book provides strategic insights into economic behavior during political crises, offering valuable knowledge for navigating sanctions and market volatility.
Dr. Kiryl Rudy combines five years of data collection with personal government experience to analyze how political events systematically reshape economic behavior in Belarus.
This book illuminates how ordinary Belarusians adapt to political turmoil, fostering understanding of human resilience during economic and social challenges.
A former ambassador reveals how elections, protests, and war transformed Belarus' economy through compelling personal stories and academic research.
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Dr. Kiryl Rudy, former Economic Advisor to the President of Belarus and Ambassador to China, has released a comprehensive examination of Belarus' political and economic landscape in his new book 'EVENTFUL ECONOMY: How Belarusians Reacted to Elections, Protests, Sanctions, and War.' The work combines rigorous academic research with Dr. Rudy's first-hand government experience to trace the country's trajectory from the explosive 2020 elections through street protests, escalating sanctions, and the ongoing impact of the Russia-Ukraine conflict.
Through five years of meticulous data collection and personal testimony, Dr. Rudy explores how political events reshape economic behavior, highlighting the anxiety, adaptation, and pragmatism of Belarusian citizens. The book investigates critical questions through the lens of Dr. Rudy's extensive career in government, diplomacy, and academia, including the relationship between economic growth and dominant political systems, the effectiveness of sanctions, and the impact of war on currency exchange and fiscal policy.
Yuri Tserlukevich of Arizona State University's Department of Finance described the work as 'a must-read for anyone interested in Belarus' that 'provides an evidence-based but also a personal account of Belarusian political economy, and the economic drivers and implications of elections, protests, sanctions, and war.' The endorsement underscores the book's significance in documenting how ordinary citizens navigate economic challenges during political upheaval.
Sergei Guriev, Professor of Economics and Dean at London Business School, adds that 'This book is an essential contribution to understanding the intersection of politics and economics in Belarus and the region. Dr. Rudy combines scholarship with practical insights in a way few others can.' This assessment highlights the work's broader relevance for understanding political-economic dynamics in Eastern Europe and similar contexts worldwide.
The research was conducted while Dr. Rudy served as Professor at Belarusian State Economic University from 2020 to 2024, providing contemporary analysis of unfolding events. His distinguished career includes service as Economic Advisor to the President of Belarus from 2013 to 2016, Ambassador to China from 2016 to 2020, Fulbright Scholar at Indiana University in 2004, and service on the supervisory boards of Belarus Development Bank and subsidiaries of Bank BelVEB from 2020 to 2022.
EVENTFUL ECONOMY is now available for purchase on Amazon. The publisher, Upway Books, which helps academics and professionals turn expertise into published works, maintains a website at www.upwaybooks.com.
Curated from 24-7 Press Release

