Privatization in Russia
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Privatization in Russia describes the series of post-Soviet reforms that resulted in large-scale privatization of Russia's state-owned assets, particularly in the industrial, energy, and financial sec
Russians protest an economic depression caused by reforms with a banner saying: "Jail the redhead!" Town of Pereslavl-Zalessky,1998.
1992 privatization voucher
Yeltsin ahead of the 1996 presidential election
Russian oligarchs
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Russian oligarchs are business oligarchs from the former Soviet republics who rapidly accumulated wealth in the 1990s through the Russian privatisation that followed the dissolution of the Soviet Unio
Privatization in Russia
…the number of state enterprises was estimated at 45,000. Privatization facilitated the transfer of significant wealth to a relatively small group of business oligarchs and New Russians, particularly natural gas and oil executives. This economic transition has been described as katastroika, which is a combination of…
Putin (left), with Mikhail Khodorkovsky (right) in December 2002. Mikhail Khodorkovsky was jailed the following year.
Gennady Timchenko and Arkady Rotenberg in 2015
Putin (left) with Oleg Deripaska (right) in the Kremlin in March 2002
Putin (left), with Petr Fradkov (right) in the Kremlin in May 2019