Industries, military, and ethnic groups that were once an intertwined network under the Soviet Union were shattered in one of the greatest economic crises of history. ... In 1992-1993, the government began to print money and lend credit at a rapid pace. ... As written by the European Bank at the time, "Under the 'shares-for-loans' scheme implemented in 1995, many of the key resource-based companies fell into the hands of a small group of financiers, the so called 'oligarchs.' ... Many historians speculate that it is the economic recession that caused the Soviet Union to c...

• Word Count: 1763
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School

China was interested in Western resources, credits and technologies for its own industrial development. Such cooperation advantages and benefits were not available in Communist Soviet Union. ... NATO and European Union accept new members from the communist bloc and develop their internal policy towards Russia. ... (World Bank 2014) The main geopolitical advantage of China is humanitarian attitude in internal and external policy. ... In the past geopolitical role of China was strictly connected with the buffer zone between two superpowers Soviet Union and USA. ...

• Word Count: 2157
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

Most workers, according to him, were capable only of "trade union consciousness" and were therefore sensible only to short term interests. ... Large-scale industry and banks were nationalised, labour, discipline and duties were enforced and strikes were declared treason to the state. ...

• Word Count: 1763
• Approx Pages: 7
• Grade Level: High School