Former Belarus Presidential Advisor Releases Comprehensive Analysis of Political Economy in New Book
October 20th, 2025 7:00 AM
By: Newsworthy Staff
Dr. Kiryl Rudy's new book 'EVENTFUL ECONOMY' provides an unprecedented examination of how Belarusians adapted economically to political turmoil, elections, protests, sanctions, and war, drawing from his unique insider perspective as former Economic Advisor to the President.

Dr. Kiryl Rudy, former Economic Advisor to the President of Belarus and Ambassador to China, has released his comprehensive analysis 'EVENTFUL ECONOMY: How Belarusians Reacted to Elections, Protests, Sanctions, and War.' The book combines rigorous academic research with Dr. Rudy's first-hand government experience to provide an unparalleled examination of Belarus' political and economic landscape during a period of significant turmoil.
The work traces Belarus' trajectory from the explosive 2020 elections through subsequent street protests, escalating international sanctions, and the ongoing impact of the Russia-Ukraine conflict. Through five years of meticulous data collection and personal testimony, Dr. Rudy explores how political events fundamentally reshape economic behavior, highlighting the anxiety, adaptation, and pragmatism of Belarusian citizens facing unprecedented challenges.
The book investigates critical questions through the lens of Dr. Rudy's extensive career in government, diplomacy, and academia, including the relationship between economic growth and dominant political systems, the effectiveness of sanctions as policy tools, and the profound impact of war on currency exchange rates and fiscal policy decisions. Yuri Tserlukevich of Arizona State University's Department of Finance described the work as 'a captivating analysis of political economy, illustrated with examples' that examines several questions through the prism of recent history in Eastern Europe and beyond.
Sergei Guriev, Professor of Economics and Dean at London Business School, emphasized the book's significance, stating it represents 'an essential contribution to understanding the intersection of politics and economics in Belarus and the region.' Guriev noted that Dr. Rudy 'combines scholarship with practical insights in a way few others can,' drawing from his unique position as both an academic researcher and former high-ranking government official.
The research was conducted while Dr. Rudy served as Professor at Belarusian State Economic University from 2020 to 2024, building on his previous government service as Economic Advisor to the President of Belarus from 2013 to 2016 and his diplomatic posting as Ambassador to China from 2016 to 2020. His distinguished career also includes service on the supervisory boards of Belarus Development Bank and subsidiaries of Bank BelVEB from 2020 to 2022, providing him with comprehensive insight into both policy-making and financial institution operations.
EVENTFUL ECONOMY is now available for purchase through major online retailers including Amazon, making this important analysis accessible to scholars, policymakers, and anyone interested in understanding the complex dynamics of political economy in contemporary Eastern Europe. The publisher, Upway Books, specializes in helping academics and professionals transform their expertise into published works, with additional information available at www.upwaybooks.com.
Source Statement
This news article relied primarily on a press release disributed by 24-7 Press Release. You can read the source press release here,
