Economy of Belarus
Belarus has an upper-middle income mixed economy. As a post-Soviet transition economy, the nation rejected most privatisation efforts in favour of retaining centralised political and economic controls by the state. The highly centralized Belarusian economy emphasizes full employment and a dominant public sector. It has been described as a welfare state practicing market socialism. Belarus is the world's 74th-largest economy by GDP. As of 2018, Belarus ranks 53rd from 189 countries on the United Nations Human Development Index, and appeared in the group of states with "very high development". With an efficient health system, it has a very low infant-mortality rate of 2.9 (compared to 6.6 in Russia or 3.7 in the United Kingdom). The rate of doctors per capita is 40.7 per 10,000 inhabitants (the figure is 26.7 in Romania, 32 in Finland, 41.9 in Sweden) and the literacy rate is estimated at 99%. According to the United Nations Development Program, the Gini coefficient (inequality indicator...
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