Former Belarus Presidential Advisor Releases Comprehensive Study on Political Economy
Dr. Kiryl Rudy's new book 'EVENTFUL ECONOMY' provides unprecedented insight into how Belarusians adapted economically to political turmoil, sanctions, and regional conflict, offering crucial understanding of political economy dynamics in Eastern Europe.

Dr. Kiryl Rudy, former Economic Advisor to the President of Belarus and Ambassador to China, has released his comprehensive study 'EVENTFUL ECONOMY: How Belarusians Reacted to Elections, Protests, Sanctions, and War.' The book represents five years of meticulous research combining academic rigor with firsthand government experience to examine Belarus' political and economic evolution from the 2020 elections through subsequent protests, sanctions, and the ongoing impact of the Russia-Ukraine conflict.
The work traces how political events fundamentally reshape economic behavior, documenting the anxiety, adaptation, and pragmatism of Belarusian citizens facing unprecedented challenges. Dr. Rudy explores critical questions about the relationship between economic growth and political systems, the effectiveness of international sanctions, and the impact of war on currency exchange and fiscal policy. His analysis draws from both extensive data collection and personal testimony gathered during his tenure as Professor at Belarusian State Economic University from 2020 to 2024.
Academic experts have praised the book's contribution to understanding political economy in the region. Yuri Tserlukevich of Arizona State University's Department of Finance described it as 'a must-read for anyone interested in Belarus' that provides 'an evidence-based but also a personal account of Belarusian political economy.' The book examines economic drivers and implications of elections, protests, sanctions, and war through the prism of recent Eastern European history.
Sergei Guriev, Professor of Economics and Dean at London Business School, emphasized the book's significance, noting it 'combines scholarship with practical insights in a way few others can' and represents 'an essential contribution to understanding the intersection of politics and economics in Belarus and the region.' The research benefits from Dr. Rudy's distinguished career spanning government service, diplomacy, and academia, including his roles on the supervisory boards of Belarus Development Bank and subsidiaries of Bank BelVEB from 2020 to 2022.
EVENTFUL ECONOMY is now available for purchase on Amazon. The publication comes from Upway Books, which specializes in helping academics and professionals transform their expertise into influential publications. The book's release provides timely analysis as Eastern Europe continues to navigate complex economic and political challenges, offering valuable insights for policymakers, economists, and regional observers seeking to understand how citizens adapt to political and economic upheaval.