1. Russia After Communism
In 1992-1993, the government began to print money and lend credit at a rapid pace. ... Russia was forced to declare a debt default and the government placed a moratorium on all payments. ... Yeltsin introduced the shares-for-loans program which was meant to sell off government property. ... Meanwhile the government failed to gain the planned profit from the sale of state enterprises and property. ... Political corruption and crime rates rose when the change of governments took place. ...
- Word Count: 1763
- Approx Pages: 7
- Has Bibliography
- Grade Level: High School