Poverty and the economic transition in the Russian Federation

Introduction In what some describe as one of the great natural experiments of our time, the Russian Federation has introduced a series of sweeping economic reforms over a very short period of time, beginning in January 1992. These include the elimination of most food subsidies; the reduction of other food subsidies and subsidies for fuel and most other basic commodities; the use of freely fluctuating market prices; the privatization of selected state enterprises; the creation...
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