Add to favorite
 

   

 Yegor Gaidar


Born:   19 March 1956
Deceased:   16 December 2009

The architect of Russia's market reforms

      

Yegor Gaidar is one of the most disputable Russian politicians of the 1990s. He is believed to be in charge of the so-called Shock Therapy reforms aimed to take Russia through the painful transition to a post-Soviet market economy. The majority of common Russians see him as a person who made the devaluation of people's savings and galloping inflation real, though experts believe that was enevitable anyway.

Yegor Gaidar, the grandson of Russian writers Arkadi Gaidar and Pavel Bazhov, was born in Moscow in 1956. He started his political career in 1991, when he was appointed deputy prime minister. Gaidar served as Russia's first finance minister under Boris Yeltsin. In January 1992 he made a risky decision to deliberate prices devaluating generation's savings overnight. The only hope was that real prices would bring real money, allowing supply and demand to meet each other. On December 14 1992, he was replaced by Viktor Chernomyrdin, but regained his position of the First Vice-Premier under Chernomyrdin as a deliberate snub to the opposition.

In 1993 Duma elections Gaidar was the leader of the pro-government bloc Russia's Choice. However, due to the bloc's failure to win the plurality of votes in the election, Gaidar's role in the government diminished and he finally resigned on 20 January 1994.

From June 1994 to May 2001 Yegor Gaidar was the chairman for the Democratic Choice of Russia. In 1999-2003 he served as a member of the Russian parliament, a member of the Committee for the Budget and Taxes and a co-chairman for the Union of Right Forces Party.

 After leaving the office, Yegor Gaidar took part in a conference in Ireland in 2006, where he suddenly fell ill just days after Litvinenko was poisoned. After recovery Gaidar claimed he became a victim of some enemies of the Kremlin.

Yegor Gaidar died aged 53 in his house outside Moscow on December 16, 2009. Gaidar died of pulmonary edema, provoked by myocardial ischemia.


    Moscow

Tags: Yegor Gaidar Russian economics    








Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map

  Moscow


TAGS:
Sochi Olympic Games 2014  Russian urban culture  Perm  Nizhny Novgorod  Multimedia Art Museum  Russian Chanson  media  Nicholai Roerich  Archeology  Evgeny Kondakov  Russian Monuments  Russian Animation  Russian Literature  Moscow  Russian business  Russian universities  Novoaltaisk  Beat Weekend Film Festival  St. Petersburg  Oil Extraction  Sergey Antipov  Moscow Architecture  Russian oil and gas industry   Mercedes-Benz Fashion Week Russia  animation  Russian tourism  Exhibitions in Moscow  Oriental Museum  Ski resorts  Film Distribution  Satellites  Pushkin Museum of Fine Arts  Krasnodar region  Russian Cinema  Russian mobile networks  Morcheeba  corruption in Russia  contemporary art  Festivals in Moscow  Maksim Sukhanov  Fish Broth  Hollywood Movies  credit cards  Moscow authorities  March Against Scoundrels  Moscow monuments  Romanovs  Vasya Lozhkin  Kamchatka Territory  Dima Yakovlev Law 


Travel Blogs
Top Traveling Sites