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Economic situation and prospects for agricultural development in Russia



Economic situation and prospects for agricultural development in Russia



Monatsberichte uber die Osterreichische Landwirtschaft 41(3): 178-187



The after effects of centralized planning and the 'shock therapy' reform policies for the Russian economy are described. Price liberalization aimed to abolish state price controls for nearly all products except fuels, cereals and some retail products (bread and milk). The policy also aimed to control monopolies at the purchasing and processing levels by restricting their profit margins to 25% as well as to introduce tax reforms and privatization.

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Accession: 002351974

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