Business peciliarities in Ukraine and Bealrus
by devaluation. At the same time local currency devaluation diminishes local consumers'
income and purchasing power.
49
Interesting view on Ukraine's monetary policy and NBU by Anders Aslund of Peterson
Institute for International Economics is available in the article in Forbes Ukraine:
http://forbes.ua/opinions/1344648-novomu-glave-nbu-nelzya-idti-po-stopam-arbuzova
http://www.iie.com/publications/opeds/print.cfm?ResearchId=2310&doc=pub
50
2. BELARUS
2.1. General information
2.1.1. Country Profile
Capital: Minsk (population of approximately 2 million).
Total area: 207,600 sq km stretching 560 km (350 miles) from north to south and 650 km
(460 miles) from west to east. It is larger than Austria, Ireland, Portugal and Greece.
Population: ~ 9.5 million (urban population 70%).