Thursday, August 30, 2012

Belarus is a high tech hothouse

"Despite Belarus’s reputation as a phantom country self-exiled in the heart of Europe—Lukashenko expelled the U.S. ambassador in 2008—the country has turned itself into a high-tech hothouse. Six years ago a free-economic zone opened in Minsk, providing tax breaks to resident firms and employees. Since then, Belarusian software exports have grown by more than 2,000 percent, to $270 million last year."
--http://www.businessweek.com/articles/2012-08-23/the-skype-killers-of-belarus

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