Elaboration of the Yeltsin-Gaidar radical reform in the programs of the Government of the Russian Federation

Abstract

This article is devoted to the two topics: priorities of the Russian Federation's socio-economic development through the plans of the Russian government from 1992 to 1997 and realization of the radical Yeltsin's economic reform. During this period, the Russian Government approved three country's development programs – 1993, 1995 and 1997. The study showed that the first three medium-term development programs continued the vector set by Boris Yeltsin at the 5th Congress of People's Deputies of the Russian SFSR. The last studied program of 1997, adopted by the Chernomyrdin government, stated the actual completion of Yeltsin-Gaidar's radical economic reform (privatization, liberalization and the end of the stabilization). By 1997, the economy was developing mainly under the influence of market rules, which suggests that the steps described in the government programs of the 90s led the country to the end of the transformational period and, as a consequence, the implementation of Gaidar's reforms.