ECONOMIC HISTORY OF RUSSIA
Published 2018-07-09
Keywords
- REVOLUTION,
- NATIONALIZATION,
- WARS,
- REPRESSIONS,
- INEQUALITY
- ECONOMIC GROWTH,
- COMPETITION,
- PROPERTY,
- INCOMES ...More
How to Cite
1.
Klistorin В. Russia in the XX Century. A Price of the Revolution. ECO [Internet]. 2018 Jul. 9 [cited 2024 Jun. 2];47(11):37-46. Available from: https://ecotrends.ru/index.php/eco/article/view/1392
Abstract
The paper discusses economic and demographic consequences of the Russian revolutions in 1917. They did not show a significant short-term effect on macroeconomic indicators of the country. But the next events such as the nationalization of banks, industrial enterprises, and infrastructures, civil war, and export of revolution brought the deepest crisis; militarization of the economy and mass human rights abuses brought the reduction of the human capital as well as a decline in its quality. Rapid economic growths, which were repeatedly followed by stagnation periods, were often of a recovery character. The problems of inequality and removal of barriers impeded the development of productive forces remained unresolved by Russia in the XX century.References
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