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500 Days
The 500 Days Program (russian: программа "500 дней") was an ambitious program to overcome the economic crisis in the Soviet Union by means of a transition to a market economy. History The program was proposed by Grigory Yavlinsky and further developed by a work group under the direction of Stanislav Shatalin (an economic advisor to Mikhail Gorbachev). Before beginning work on the project, Shatalin had been assured by Gorbachev that he was serious about radically reforming the Soviet economy. Therefore, in August 1990, the group issued a 400-page report titled "Transition to the Market". It was based on the earlier "400 Days Project" prepared by Yavlinsky and became known colloquially as the "500 Days Program" as it intended to create the groundwork for a modern market economy in 500 days. The report called for creation of a competitive market economy, mass privatization, prices determined by the market, integration with the world economic system, a large transf ...
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Financial Crisis
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults. Financial crises directly result in a loss of paper wealth but do not necessarily result in significant changes in the real economy (e.g. the crisis resulting from the famous tulip mania bubble in the 17th century). Many economists have offered theories about how financial crises develop and how they could be prevented. There is no consensus, however, and financial crises continue to occur from time to time. Types Banking crisis When a bank suffers a sudden rush of withdrawals by depositors, this is called a ''bank run''. Si ...
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Economic Power
Economic power refers to the ability of countries, businesses or individuals to improve living standards. It increases their ability to make decisions on their own that benefit them. Scholars of international relations also refer to the economic power of a country as a factor influencing its power in international relations. Definition Economists use several concepts featuring the word power: * Market power is the ability of a firm to profitably raise the market price of a good or service over marginal cost. ** Monopoly power is a strong form of market power—the ability to set prices or wages unilaterally. This is the opposite of the situation in a perfectly competitive market in which supply and demand set prices. * Purchasing power, i.e. the ability of any amount of money to buy goods and services. Those with more assets, or more correctly net worth, have more power of this sort. The greater the liquidity of one's assets, the greater one's purchasing power is. Purchasing p ...
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Perestroika
''Perestroika'' (; russian: links=no, перестройка, p=pʲɪrʲɪˈstrojkə, a=ru-perestroika.ogg) was a political movement for reform within the Communist Party of the Soviet Union (CPSU) during the late 1980s widely associated with CPSU general secretary Mikhail Gorbachev and his glasnost (meaning "openness") policy reform. The literal meaning of perestroika is "reconstruction", referring to the restructuring of the Soviet political and economic system, in an attempt to end the Era of Stagnation. Perestroika allowed more independent actions from various ministries and introduced many market-like reforms. The alleged goal of perestroika, however, was not to end the command economy but rather to make socialism work more efficiently to better meet the needs of Soviet citizens by adopting elements of liberal economics. The process of implementing perestroika added to existing shortages, and created political, social, and economic tensions within the Soviet Union. Fu ...
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Uskoreniye
''Uskoreniye'' ( rus, ускорение, p=ʊskɐˈrʲenʲɪɪ; literally meaning ''acceleration'') was a slogan and a policy announced by Communist Party General Secretary Mikhail Gorbachev on 20 April 1985 at a Soviet Party Plenum, aimed at the acceleration of political, social and economic development of the Soviet Union. It was the first slogan of a set of reforms that also included (restructuring), (transparency), new political thinking, and (democratization). History In May 1985, Gorbachev gave a speech in Leningrad (now Saint Petersburg), during which he admitted the slowing down of the economic development and inadequacy of living standards. This was the first time in history that a Soviet leader had done so. The program was furthered at the 27th Congress of the Communist Party in Gorbachev's report to the congress, in which he spoke about , , " human factor", , and "expansion of the " (commercialization). The acceleration was planned to be based on technical ...
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Yevgeniy Yasin
Yevgeni, Yevgeny, Yevgenii or Yevgeniy (russian: Евгений), also transliterated as Evgeni, Evgeny, Evgenii or Evgeniy, is the Russian form of the masculine given name Eugene. People with the name include: :''Note: Occasionally, a person may be in more than one section.'' Arts and entertainment * Yevgeny Aryeh (1947–2022), Israeli theater director, playwright, scriptwriter and set designer *Yevgeni Bauer (1865–1917), Russian film director and screenwriter * Yevgeni Grishkovetz (born 1967), Russian writer, dramatist, stage director and actor *Evgeny Kissin (born 1971), Russian pianist *Yevgeny Leonov (1926–1994), Soviet and Russian actor *Yevgeni Mokhorev (born 1967), Russian photographer *Evgeny Mravinsky (1903–1988), Russian conductor *Evgeny Svetlanov (1928–2002), Russian conductor *Yevgeni Urbansky (1932–1965), Soviet Russian actor *Yevgeniy Yevstigneyev (1926–1992), Soviet and Russian actor *Yevgeny Yevtushenko (1933–2017), Soviet and Russian poet *Yevgeny Z ...
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Tatyana Yarygina
Tatiana (or Tatianna, also romanized as Tatyana, Tatjana, Tatijana, etc.) is a female name of Sabine-Roman origin that became widespread in Eastern Europe. Variations * be, Тацця́на, Tatsiana * bg, Татяна, Tatyana * german: Tatjana * el, Τατιάνα, Tatiána * pl, Tacjana * russian: Татья́на, Tat'yána, Tatiana * sr, Татјана, Tatjana * uk, Тетя́на, Tetyána Origin Tatiana is a feminine, diminutive derivative of the Sabine —and later Latin— name Tatius. King Titus Tatius was the name of a legendary ruler of the Sabines, an Italic tribe living near Rome around the 8th century BC. After the Romans absorbed the Sabines, the name Tatius remained in use in the Roman world, into the first centuries of Christianity, as well as the masculine diminutive Tatianus and its feminine counterpart, Tatiana. While the name later disappeared from Western Europe including Italy, it remained prevalent in the Hellenic world of Eastern ...
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Boris Fyodorov
Boris Grigoryevich Fyodorov (russian: Борис Григорьевич Фёдоров) (13 February 1958 in Moscow – 20 November 2008 in London) was a Russian economist, politician, and reformer. Early life He was awarded a doctor of economics degree from the Moscow Finance Institute and authored over 200 publications. Career In 1988 working very closely with Fyodorov, Alexander Zhukov, and Kirill Ugolnikov (russian: Кирилл Угольников), Deloitte & Touche began providing services to the Soviet Union and continued with Russia.) was a General Director of Deloitte & Touche CIS and then became First Deputy Minister for Taxes and Levies of the Russian Federation. Later, he worked as the director of the tax department in the firm ''Vneshurkollegiya'' or ''Vneshyurkollegiya'' (russian: директор налогового департамента АО «Внешюрколлегия») The president of Vneshurkollegiya is Alexander Treshchev (russian: Алексан ...
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Aleksey Mikhailov
Alexey, Alexei, Alexie, Aleksei, or Aleksey (russian: Алексе́й ; bg, Алексей ) is a Russian and Bulgarian male first name deriving from the Greek ''Aléxios'' (), meaning "Defender", and thus of the same origin as the Latin Alexius. Alexey may also be romanized as ''Aleksei'', ''Aleksey'', ''Alexej'', ''Aleksej'', etc. It has been commonly westernized as Alexis. Similar Ukrainian and Belarusian names are romanized as Oleksii (Олексій) and Aliaksiej (Аляксей), respectively. The Russian Orthodox Church uses the Old Church Slavonic version, Alexiy (Алексiй, or Алексий in modern spelling), for its Saints and hierarchs (most notably, this is the form used for Patriarchs Alexius I and Alexius II). The common hypocoristic is Alyosha () or simply Lyosha (). These may be further transformed into Alyoshka, Alyoshenka, Lyoshka, Lyoha, Lyoshenka (, respectively), sometimes rendered as Alesha/Aleshenka in English. The form Alyosha may be u ...
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Vladimir Mashchits
Vladimir may refer to: Names * Vladimir (name) for the Bulgarian, Croatian, Czech, Macedonian, Romanian, Russian, Serbian, Slovak and Slovenian spellings of a Slavic name * Uladzimir for the Belarusian version of the name * Volodymyr for the Ukrainian version of the name * Włodzimierz (given name) for the Polish version of the name * Valdemar for the Germanic version of the name * Wladimir for an alternative spelling of the name Places * Vladimir, Russia, a city in Russia * Vladimir Oblast, a federal subject of Russia * Vladimir-Suzdal, a medieval principality * Vladimir, Ulcinj, a village in Ulcinj Municipality, Montenegro * Vladimir, Gorj, a commune in Gorj County, Romania * Vladimir, a village in Goiești Commune, Dolj County, Romania * Vladimir (river), a tributary of the Gilort in Gorj County, Romania * Volodymyr (city), a city in Ukraine Religious leaders * Metropolitan Vladimir (other), multiple * Jovan Vladimir (d. 1016), ruler of Doclea and a saint of the Se ...
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Vladlen Martynov
Vladlen is a masculine given name. Notable people with the name include: * Vladlen Babayev (b. 1996), Russian footballer * Vladlen Davydov (1924-2012), Russian actor * Vladlen Naumenko (b. 1947), Ukrainian footballer * Vladlen Pavlenkov (1929–1990), Russian dissident * Vladlen Trostyansky (1935–2014), Ukrainian wrestler * Vladlen Yurchenko (b. 1994), Ukrainian footballer * Vladlen Zurakhov Vladlen Yakovlevich Zurakhov (, Russian: Владлен Якович Зурахов; 19 May 1930 – 1991) was one of the leading Ukrainian chess players of his time. He was Ukrainian champion in 1952 and finalist of USSR Chess Championship in 1 ... (1930–1991), Ukrainian chess player {{given name Masculine given names ...
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Mikhail Mikhailovich Zadornov
Mikhail Mikhailovich Zadornov (born 4 May 1963 in Moscow) is a Russians, Russian economist, Chairman of the Management Board of Otkritie FC Bank, President and Chairman of the Management Board of VTB 24 in the years 2005–2017, government official, Russian Minister of Finance from 1997–1999, Russian State Duma Deputy, 1st – 4th Convocations. Recipient of the Order "For Merit to the Fatherland" IV class and a Certificate of Honour from the Russian Government. Family and early life Mikhail Zadornov was born on 4 May 1963 in Moscow to a family of geologists and spent his early years with his parents in Kamchatka Oblast (in 1995, he was elected as this region's deputy to the Russian State Duma). Education In 1980, Zadornov graduated with honours (gold medal) from Secondary School No. 875 in Moscow. In 1984, Zadornov graduated with honours (“red diploma”) from Plekhanov Moscow Institute of People's Economy (currently known as Plekhanov Russian University of Economics). In 1 ...
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Leonid Grigoryev (economist)
Leonid Grigoryev (born 17 August 1926) was a Soviet athlete. He competed in the men's long jump at the 1952 Summer Olympics The 1952 Summer Olympics ( fi, Kesäolympialaiset 1952; sv, Olympiska sommarspelen 1952), officially known as the Games of the XV Olympiad ( fi, XV olympiadin kisat; sv, Den XV olympiadens spel) and commonly known as Helsinki 1952 ( sv, Helsin .... References External links * 1926 births Possibly living people Athletes (track and field) at the 1952 Summer Olympics Soviet male long jumpers Olympic athletes of the Soviet Union {{USSR-athletics-bio-stub ...
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