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Dissolution of the USSR and Russian Decline in the 1990s

In: A History of Global Capitalism

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  • Sambit Bhattacharyya

    (University of Sussex)

Abstract

This chapter covers the episodes leading up to the dissolution of the USSR. In particular, it analyses the impact of political, economic, and social policies such as Perestroika and Glasnost. This is followed by analysis of events surrounding the unconstitutional dissolution of the USSR and the rise of Boris Yeltsin as the new leader. The chapter analyses foreign policy of the Yeltsin government in the 1990s along with domestic economic policies of privatization and liberalisation led by Yegor Gaidar and Anatoly Chubais. Special focus is given to the economic events leading up to the Russian Bond crisis and default in 1998.

Suggested Citation

  • Sambit Bhattacharyya, 2020. "Dissolution of the USSR and Russian Decline in the 1990s," Frontiers in Economic History, in: A History of Global Capitalism, edition 1, chapter 0, pages 125-136, Springer.
    • Handle: RePEc:spr:frochp:978-3-030-58736-9_9
    DOI: 10.1007/978-3-030-58736-9_9
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