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Gaidar's Revolution

The Inside Account of the Economic Transformation of Russia

By (author) Alfred Kokh, Petr Aven
Format: Hardback
Publisher: Bloomsbury Publishing PLC, United Kingdom
Imprint: I.B. Tauris
Published: 2nd Jul 2015
Dimensions: w 151mm h 242mm d 46mm
Weight: 930g
ISBN-10: 1784531227
ISBN-13: 9781784531225
Barcode No: 9781784531225
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Synopsis
After the collapse of the Soviet Union a team of young economic reformers led by Yegor Gaidar worked to create a new economic future for Russia. Against an overwhelming threat of looming hunger and civil war, they created a market economy which is still in place today. In the face of crisis, a process of 'shock therapy'- involving the end of price regulation, the introduction of privatisation and a reduction in public spending - appeared necessary. Their plans have been the subject of controversy ever since - the path to the new economy was not smooth and Russia continued to struggle with economic crises throughout the 1990s. Yet Gaidar's plans have been widely praised for saving the country from complete collapse. For the first time in this book, the participants in the process reveal their experiences during those frantic days, their insights into Yegor Gaidar and of the formation of post-Soviet Russia. In doing so, this book provides a unique perspective on contemporary Russia, making it an indispensable resource for understanding its economic and political complexities.

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