28 October, Vitebsk /Sergey Kochetov - BELTA/. The Belarusian government's decision to move to a single exchange rate for the national currency is a logical and good step to stimulate the development of the Belarusian economy. This opinion was expressed by Professor, Doctor of Economic Sciences Wojciech Kosedowski, Head of the Department of European Integration and Regional Studies at Nicolaus Copernicus University (Toruń, Poland), at the international scientific and practical conference "Socio-economic Development of Organizations and Regions of Belarus: Goals, Priorities, Mechanisms of Structural Transformations" held in Vitebsk, BELTA correspondent reports. According to the Polish scholar, freeing the banking exchange rate of the national currency is a reliable step in managing economic development during a crisis. At the same time, there can be no universal recipes on how to act in one situation or another; the specifics of each particular case must be taken into account. For example, if in the Baltic countries one can talk about the need for greater state involvement in regulating economic processes, then for Belarus, a reduction in state regulation, an increase in privatization, and stimulation of small business development are more appropriate. At the same time, recent world events indicate that the theses of attractive liberalism regarding minimal state presence in the economy "seem to have turned out to be inaccurate," believes Wojciech Kosedowski. "We have to draw conclusions about the need for a greater state presence in the economy, the expansion of state regulation, and above all, such intervention should concern the banking sector," the scholar asserts. At the same time, no one knows how to do this, how to influence the banking sector on a global economic system scale in the context of globalization. Answering a question about the forecast for further developments, Wojciech Kosedowski suggested that overcoming the crisis "will depend on ourselves, on the states and their economic policies," as well as largely on the general situation in the world. "Reality will show how things actually turn out, while all current forecasts regarding the development of the crisis have turned out to be inaccurate," the scholar noted.-0-

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