Belarus – institutional cycles and the historical roots of the contemporary institutional matrix

Abstract

One modern area of academic research involves searching prerequisites for the formation and functioning of specific institutional models within countries. The purpose of the article is to identify and analyze the main institutional cycles in the formation of the socioeconomic systems of Belarus. This will help determine the effect of historical dependence on the trajectory of development and allow the identification of the origins of the country's modern institutional matrix. The novelty of the study of institutional cycles and their dynamics lies in its interdisciplinary nature. The author has adopted the theory within New Institutional Economics, particularly the achievements of North, Acemoglu, and Robinson. The research methods include a historical analysis and a comparative analysis.