bne:Invest in Belarus - November 2014

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bne:Invest in Belarus

Content: 1 Top Story 3 Feature 6 Sector 8 Economics & finance 11 Chart 12 News in brief

Follow us on twitter.com/bizneweurope November 2014

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Belarus tops CIS in UN Human Development Index Belarus has emerged from this year’s UN Human Development Index (HDI) as the highest-ranking nation in the Commonwealth of Independent States, sitting 53rd out of 187 countries. Having climbed seven places in the last five years, Belarus now sits three places above Russia with an HDI score of 78.6, compared with Russia’s 77.9, as the bne:Chart shows. On the inequalityadjusted index, which factors in the distribution of development benefits across a country’s population, Belarus sits six places higher, at 47th in the world.

Nearly a decade ago, the then US national security advisor Condoleezza Rice described Belarus as one of six “outposts of tyranny,” alongside North Korea, Burma, Cuba, Iran and Zimbabwe. Now, the supposed last dictatorship of Europe outperforms most Central and Eastern Europe/ Commonwealth of Independent States (CEE/CIS) and, for some measures, even Western Europe on the index. Indeed, for enrollment in tertiary education, Belarus far surpasses both the world and Western Europe averages, with 91% of its school-age


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