HIST 1001 Lecture Notes - Lecture 16: Mixed Economy, Organized Crime
23 Feb 2017
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Document Summary
Even before the end of su you can see the formation of russia as yelzin came to power. He had been a member of the communist party and a functionary for decades. His policies varied over time and stayed in power until 1999. If we look at his policies in respect of the economy and respect of the political system you can see significant breaks from the old soviet regime. Throughout eastern europe in the 1990s there was a willingness to accept the market. Yeltzin embraced the mythology of the free market. Idea of freeing up the russian economy was to simply abolish many of the practicesthat had been entrenched under the soviet union, ex he ended subsidies. How do you turn state owned enterprises into privately owned enterprises. The transition from state owned to private, gave opportunity for organizations and individuals to get incentive. Organized crime began to take control of large proportion of enterprises.
