Russia has undergone significant changes since the collapse of the Soviet Union, moving from a centrally-planned economy to market-based economy. The policy of privatization in the 1990s. The impact of the global financial crisis on the Russian economy.
THE FEDERAL AGENCY OF EDUCATION OF THE RUSSIAN FEDERATION Chair of humanities, natural, social and economic disciplines ESSAY ECONOMY OF RUSSIA Performed by: Checked by: 2011 Contents Introduction 1. Raw material base 2. Economic development of the industry and agriculture 3. Trade 4. Transport system Conclusion Vocabulary Bibliography Introduction The Russian economy underwent tremendous stress as it moved from a centrally planned economy to a free market system despite the country’s well-known wealth of natural resources, its well-educated population, and its diverse - although increasingly dilapidated - industrial base. By the end of 1997, Russia had achieved some well-observable progress. Inflation had been brought under control, the ruble was stabilized, and an ambitious privatization program had transferred thousands of enterprises to private ownership. Some important market-oriented laws had also been passed, including a commercial code governing business relations and the establishment of an arbitrati
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