4.4 • 1.6K Ratings
🗓️ 28 February 2022
⏱️ 10 minutes
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President Vladimir Putin came onto the Russian political scene in 1999 after a decade of chaos following the collapse of the Soviet Union. This included a disastrous experiment with free market reforms in 1992, which led to an increase in poverty for ordinary Russians and the emergence of an elite of super-wealthy Oligarchs. In 2018, Dina Newman spoke to one of the architects of this “shock therapy” - Andrei Nechaev, who was then the Minister for Economic Development.
(Photo: Old women selling cigarettes on the streets of Moscow in 1992. Credit: BBC)
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0:00.0 | Choosing what to watch night after night the flicking through the endless |
0:06.8 | searching is a nightmare we want to help you on our brand new podcast off the |
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0:16.0 | Load to games, loads of fun, loads of screaming. |
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0:21.0 | And me, Natalie Cassidy, so your evenings can be a little less |
0:24.9 | searching and a lot more auction listen on BBC sounds. Hello and thank you for downloading witness history from the BBC World Service. |
0:40.0 | In the light of events in Ukraine we're looking all this week at Russia under President |
0:45.0 | Vladimir Putin. |
0:46.8 | He first came on to the political scene in 1999 after the decade of chaos that followed the collapse of the Soviet Union. |
0:55.0 | Seven years earlier a new Russian government had turned the country's economy |
1:00.0 | from state-controlled socialism to free market capitalism virtually overnight. |
1:06.0 | This led to widespread hardship and the emergence of a new class of oligarchs. |
1:11.0 | In 2018, Dina Neumann spoke to Andrei Chayev, the architect of this |
1:16.9 | shock therapy. |
1:22.0 | The Soviet Union ceased to exist on December 25th, 1991, when the last Soviet leader Mikhail Gervachov resigned from his post. |
1:32.0 | Due to the situation, which has evolved as a result of the |
1:38.0 | information of the Commonwealth of Independent States, |
1:42.0 | I hereby discontinue my activities at the post of President of the USSR. |
1:47.0 | Mikhail Gurbachov was replaced by Boris Yeltsin as Russia's President. |
1:52.0 | Yeltsin appointed the government of young and ambitious academics |
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