1. Historical overwiev

2. * Transitional economy * Historical review

4. * Fuel and energy * Metallurgy * Chemical * Timber industry * Machine building industry * Light industry * Service industries * Banking and financial * IT

5. Traditional economy Planned economy Market economy ?

6. * Heterogeneous economy: From natural economy to IT * Diverse attitude to labor, property and business

7. * 19 c.: heterogeneous economy Serf’s labor presence (official till 1861) Estate society Peasant community * No internal market * No financial market * The only consumer – the state

8. * Witte’s reforms 1890s * Stolypin’s reforms 1906 * New economic policy (1921-1928) * Kosygin’s reforms (1965) * Gorbachev’s reforms (1985-1991)

9. * Witte served as Russian Director of Railway Affairs within the Finance Ministry from 1889– 1891, then he was appointed as a Minister of Ways and Communications in 1892 and at August 1892, Witte was appointed to the post of Minister of Finance, a post which he held for the next 11 years.

10. Perusing this object he used traditional methods of government intervention in the economy: 1. Economic policy of protectionism was strengthened in 1894 2. Alcohol monopoly was introduced in 1896, which greatly increased government revenue 3. Foreign loans became one of the most important sources of finance for Witte’s economic policies 4. Increasing indirect taxation and the raising of the commerce tax.

11. 5.One of the most important measures of Witte’s financial policy was the currency reform of 1897. Due to means collected as a result of higher taxes, increased gold mining and purchase of gold, foreign loans it become possible to issue gold coins instead of paper money, which helped to attract foreign capital to Russia and to strengthen the monetary system the country.

13. Prime Minister 1906-1911 He aimed to create a moderately wealthy class of peasants, who would be supporters of societal order

14. * The reforms began with and introduced the unconditional right of individual landownership (Ukas of November 9, 1906). Stolypin's reforms abolished the community system and replaced it with a capitalist-oriented form highlighting private ownership and consolidated modern farmsteads.

15. * Development of large-scale individual farming (khutors) * Resettlement to Siberia, Far East, Kazahstan (24% returned)

16. * 1921 products fixed tax establishment * 1924-1925 Transition to the village monetary taxation * Private bank system Lenin V.I. (1870-1924)

17. * Financial and economic independence of the state-owned enterprises * Light industry enterprises denationalization * Tchervonets establishment – Soviet currency fully convertible and backed by the gold standard

19. * Market

21. AgricultureHeavy industryDefence industry The living standards of citizens improving

22. * Reducing the number of directive instructions * Enterprises self-financing intensification * The pricing system reconstruction * Economic independence of kolkhozes (collective farms) * Reduction of required governmental purchase plan Economic reforms with market regulators

23. * The volume of sales * Main product mix * Wages fund * Profit and profitability * Relations with the budget

25. * The apparent economic stability * Development of the resource sectors * Inefficient production * Low labor motivation * The growth of corruption * The dichotomy between official ideology and life

26. * Living standards rise * The growth of the population (12 million). * The increase in appartament construction * The growth of production and consumption of electricity * The pace of economic development * 8th five-year plan (1966-1970) -7.5% * 9th five-year plan (1971-1975) - 5.8% * 10th five-year plan (1976-1980) - 3.8% * Stability is achieved through the rise in oil prices

27. * The quality of goods issue * The distribution of computers * (purchase of technology: air conditioners "Hitachi“; VAZ-2100 -Fiat124 1966)

28. Periods: 1985-1987 "Acceleration" The anti-alcohol company, The struggle against unearned income, corruption 1987-1989 years. Publicity Democratization December 1, 1988 the Law on changes and amendments to the Constitution of the USSR in 1989-1991. Gorbachev Mikhail Sergeevich Born in 1931 General Secretary of the CPSU in 1985-1991 The USSR president in 1990-1991

29. * 1986 Team contract law * 1987 State Enterprises law * 1988 Law on Cooperatives (Taxes for cooperatives reached 40%) * 1989 Law on rent and rent activities 1989 * 1990 Laws on small enterprises, joint stock companies, joint ventures, commercial banks

30. * removing restrictions on wage growth * freedom of foreign economic activity * elimination of centralized pricing (80% of wholesale prices, 90% of retail price) * free trade permit