Summer sale in “europe’s last dictatorship”

The Wealth Russian Government is ahead of a comprehensive privatization program, the authoritar state structure remains unused

Within the last few months, the leadership of the Republic of Belarus initiated a radical, economic course change. The Authoritar and Centralized by Prasident Alexander Lukashenko-governed Eastern neighboring country of the European Union is called by Western politicians as "Europe’s last dictatorship". Weibrussland is also – still – the only post-Soviet country, in which state property represents the dominant economic property and an oligarchy out of the wild privatizations does not exist on Russian role model simply. The proportion of the private sector on gross domestic product (GDP) of the Eastern European country is just 25 percent, while the wealth of richest Weibruses are only in the millions, but not in the billions.

But these times in which the ownership ratios in the Belarusian economy of a miniature edition of those of the Soviet Soviet Union compiled, they seem to be tailored to their end to their end. Briefly, the Belarusian Council of Ministers decided an ambitious privatization program for the period 2008 to 2010, while the 519 state enterprises should be enchanted. As early as this year, 176 companies are expected to come under the hammer, including rule-right jewels of the Weibrussian industry, such as the industrial company "Minsk Motorenwerke", or the "MAZ" car, in which trucks and buses are manufactured.

2009 wants to separate the Belarussian state of 200 production lines, including the Minsk Tractorenwerk or the television shear manufacturer Vitsyaz during the entire PostSowjetic area. In 2010, 130 companies will be resisted. Already in the middle of this year, the Belarusian mobile service provider was sold Best to the Turkish telecommunications company Turkcell for 500 million US dollars. Bank privatizations are also on the agenda. Deutsche Commerzbank is said to take over the Funfgrobe Belarussian Belinvestbank Belinvestbank, the Easter Raiffeisen International acquired the third-growing Weibussian Prior Bank.

The Weibrussian authorities are that the privatization process is ordered and gradually getting lost, thereby preventing "wild", uncontrolled privatizations. "Most company directors are afraid, the capitalists from Russia were buying everything. But we will not let something like that, "quoted the news agency" Belta "the privately officer Irina Barkowskaya. Thus, in a first phase, only 25 percent equity packages were filed and freely traded by the state. From the 1. January 2009, the shares can be traded freely by the companies in which the state is only 50 percent of the shares. Only from the 1. January 2011 all these restrictions should be eliminated.

Parallel to this massive privatization offensive, the Belarusian government is committed by a better "investment climate" in the nearly ten million inhabitants paying country. In addition to the above-mentioned gradual abolition of the restrictions on the circulation of the shares, the Belarussian Minister Prosident Sergei Sidorski referred in a press secretion to a whole maw acknowledgment bundle: For example, the primary suggestion to investors was simplified, the registration and licensing of companies were accelerated. "We ame that the proportion of foreign investment in the total volume of share capital investments will be 15-20 percent. We are primarily interested in the use of direct investment, "said Sidorski.

The chances of this are not even so bad: according to a prasidial resort of the Marz of this year, the Weibrussian State alleged his right to the "Golden Share", by means of those influence on corporate decisions. This was "the rights of Belarusian and foreign investors", love the Belarussian Embassy in Washington Standable. Finally, in Belarus "free economic zones" with reduced tax burden for the existing companies are set up.

In fact, the "Rights of Investors" should be considered in Weibussland, the formula of "Europe’s last dictatorship" was quickly forgotten in the West Inflationar Formula of "Europe’s Last Dictatorship". I do not shy away from Berlin, Brussel nor Washington closest contacts with such regimes as soon as this serves their interests. Actually rose – from a modest level – in the first half of 2008, foreign direct investment (FDI) in Belarus by 280 percent (opposite the same period of the previous year) to $ 233 million in US dollars. At 1.4 percent of the total investment timing, the share of FDI is still low, but Deutsche Business Magazines also discover the "Terra Incognita" Belarus. Thus, the economic magazine Ost-West-Contact on the new "opportunities for German companies" wrote in Weibrussland, as according to Vladimir Augustinski, the head of the representation of the German economy in the Republic of Belarus, the investment location Belarus "better than his reputation":

The country remained and remains with the blemish that it is one of the last dictatorships in Europe. State President Alexandr Lukashenko and his Protectionist Economic Course with difficult political and economic conditions are considered to be gross investment barriers. It may not only be due to the new British PR consultant Lukashenko, but also an economic-liberal course of the Belarussian government. This has adopted various laws at the beginning of the current year, which facilitate entrepreneurship commitment to foreign investors.East-West Contact

Background of privatization is the "Energy-shock"

The caught "PR consultant" is UBLIGEN Lord Tim Bell, who already pioneer the Neoliberal Piono Pinochet and Margaret Thatcher, as well as the Oligarch Boris Beresowsky a friendly "image" missed. East-West-Contact also names the causes for this radical course change Lukashenko with the now initiated sell-off of the Belarussian economy. It was the "energy-shocks" from the end of 2006 and early 2007, when Russia doubled the formerly subsidized OL and gas prices for Belarus on a stroke that made the economy hard to create. After violent conflicts around the year 2006/2007, which had temporarily brought the natural gas transit to Western Europe, Minsk had to raise the price for natural gas from 46 to 100 US dollars per 1.Accept 000 cubic meters. In addition, Belarus had to agree to the sale of 50 percent of the state gas supplier Beltransgas to Gasprom – this should now overall in Russian property.

The impressive economic growth of the Republic of Belarus, which has often reached the ten percent since 2000 and was 8.2 percent even in 2007, was demanded by importing cheaper Russian energy carrier. Russia again forms the important export market for the Belarussian industrial. For a consumption of 20 billion cubic meters of natural gas or 250.000 barrel of Erdol daily – in relation to the world market prices from 2006 – the quantity of Russian subsidies to $ 6.6 billion. In addition, the seashore olimports from Russia by about 100.000 barrel over the consumption of the country. This excess OL was further processed in the refineries of the country and sold with profit on the world market.

But from 2007, the economic prospects of the country dermed rapidly. The multi-burdens associated with these price risks for the Belarusian economy summed up to 3.5 billion dollars in 2007. Quickly a tremendous trade deficit was formed, which was between January and May 2007 to the 1.45 billion US dollars. In the meantime, the further growth of this commercial deficits emerged primarily against Russia was slowed down, so it was only 845 million dollars from January to May 2008. Throughout 2008, the deficit should reach 1.4 billion dollars.

To finance this debt associated with the deficit, the largely isolated Belarusian lead had to search for lenders – and they found this just in Kremlin. At the end of 2007, Minsk adopted a loan of $ 1.5 billion in Moscow, at the beginning of this year was a renewed lending between Russia and Belarus on the agenda. With this money, the model system of the Republic of Belarus was further alive throughout the PostSowjetic area, which contributes to the legitimacy of the rule Lukashenko’s contributed. With the growing financial dependence of the Republic of Belarus of Russia, one hopes in the Kremlin, finally the desired "Union" of both Landers.

Moscow floats the integration of Weibussland as a wide province in the Russian Federation, during Alexander Lukashenko considered exactly this scenario to prevent. That’s why Western capital also has a good chance of looking for this last post-socialist "Terra Incognita" in Eastern Europe. The Weibrussian Government simply wants to understand Western investment as a counterbalance to Russian influence.

Capitalism contracts with autoritarian structures

As the rough loser of these limited Eastern European system transformation, once again the population was allowed to make up to a massive impoverishment process. As in China and many other countries, in Belarus, the import of capitalist economist is also competent with the retention of authoritarian structures. Even the pair of poor burger rights, which the upcoming police state navigates the burgers of Germany and the EU, will be withhold the Webrussen. For example, in the upcoming parliamentary election in September: Meanwhile, it is clear that the country’s response opposition is its election observers in the highest third of all polling stations. Whose representatives carefully demanded by the West are coincid about the course change Lukashenko – the pretty much exactly what they have demanded – rather loss and cursed in plenty of unlike sounding oligarched. On the website of Charter 97 it is called, the Weibussian "summer sale" is one:

… Unjustomy and coarse privatization, carried out by Lukashenko "Family" and its inner circle. … He [Lukashenko – J.N.] Hopes for uncontrolled privatization with the help of cynical business manners from the West and the East. In addition, the Belarusian state ownership "under price" is sold because Lukashenko needs the money to reduce foreign loans, which he recently recorded in gross quantitat.

Charter 97

If the Belarusian opposition continues to agitate against the "cynical managers from the West", she could soon stand without western support – and Lukashenko Belarus in the public European perception received a similar status like all the other authorities cooperating with the West, the Auber a sporadically half-hearted index finger hardly have to burrow.

Ironically, Lukashenko now has to fully export, which he had to prevent in the 1990s. The former Kolchosendirektor came to power as a political outdoor manager in 1994 as he promised to end the wild privatizations and the rule-right crash of the Belarusian economy, which, in the course of the disintegration of the Soviet Union, also pressed by Weibrussland. Lukashenko held word and could be sure of the increasingly repressive form of government of a broad support: leans and pensions were paid out point, the privatizations stopped, a comprehensive social system prevents (still) the impoverishment of the population. The "Market Socialism" shaped by Lukashenko was carried by coarse parts of the population, as the New York Times had to admit. However, in contrast to 1994, where the majority of Belaruses exhibited in free elections for an end to the capitalist experiment, the population will certainly not be asked for their opinion in the capitalist system transformation initiated now.

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