November 27, 2007

Belarus not in CEE?

An interesting research on Roland Berger's website: CEE Headquarters: Effectively managing a fragmented growth region

Belarus is for global business as usual a Terra Incognita in the centre of Europe: no information on Belarus on p. 6 (although the GDP growth rates and population could have been found easily), and an expressive "?" on Belarus' map for wage cost relation on p. 7 (my estimate would be around 27). The country simply does not exist for westerners. Not because they want to, but because it really does not exist as a place to consider as a potential investment goal. A pity now, but - may be a great opportunity for the future, when it will finally be over with the regime of Aliaksandr Lukashenka.
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