scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,270
Formerly the preeminent republic of the Union of Soviet Socialist Republics Russia has been an independent nation since the dissolution of the Soviet Union in 1991 Because of its great size its natural resources and its political domination the Russian Federation played a leading role in the economy of the Soviet Union In the years preceding the disintegration of the union in 1991 the economy of Russia and the union as a whole was in decline In 1992 immediately after the separation the Russian government implemented a series of radical reforms Price controls were abolished as the beginning of a transition from a centrally controlled economy to a market economy An immediate series of sharp price increases caused extreme hardships for the Russian people Inventor of the fictional five-year planRussia introduced another novel economic concept in 1996 It was a society modeled after the capitalist society High expectations of economic growth even with shock therapy-- unemployment social discontent and opportunities for corruption influence of western politicians and the US policy and failing to completely reform the communistic system were some factors to why some became rich but led many to misery and an early death Despite the huge infusions of Western money millions of ordinary Russians struggled to survive in an economy neither capitalist nor communist but something brand new and strange which ultimately led to the failure of economic reform in Russia In the fall of 1996 Boris Yeltsin won the presidential election in Russia He was viewed as the personification of reform in Russia who had vanquished the Communist dragon during the hard-line coup attempt of August 1991 -- and the leader best placed to introduce democratic market-oriented reforms In the same year Yeltsin became the President of Russia the US ambassador to Russia Thomas R Pickering predicted by the fall of 1999 Russia would be one of Americas top trading partners But in fact three years after Pickering addressed his farewell speech
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA