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The Economic Collapse of the USSR. The last days of an empire By Carlos Diaz and Hayk Melkumyan. The Union of Soviet Socialist Republics (CCCP). Historical Background. The October Revolution and the New Economic Policy. The Centralized Booming of the Soviet Economy:1940’s to 1960’s.
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The Economic Collapse of the USSR The last days of an empire By Carlos Diaz and Hayk Melkumyan
Historical Background • The October Revolution and the New Economic Policy. • The Centralized Booming of the Soviet Economy:1940’s to 1960’s. • The Settings for a Collapse: 1970’s-1980’s • Gorbachev and the Perestroika. • Russia in the 1990’s: Free Market and the Mafyia.
The October Revolution And the New Economic Policy • The Bolshevik Revolution. • The Civil War • Lenin’s New Economic Policy: private ownership in a small scale. • Stalin’s Five Year Plan: Centralized Economy.
The Centralized Booming of the Soviet Economy:1940’s to 1960’s. The Coming of the Central Market: the Collective Farm and the State Farm. • The Great Famine (1932-33). • WWII ( The Great War). • Economic Recovery • The Cold War
The Cold War • The USSR as a Nuclear Power • The Race for the Cosmos (Space Race, Gagarin, Belka / Strelka) • Kruschev’s Policies • Struggle for world domination during. • Policy of Detente
The Settings for a Collapse: 1970’s-1980’s • Oil Crisis • Afghanistan • NEP fails • Chernobyl Nuclear Plant
Communism and Classical Socialism • Marx’s Communism • Classical Socialism • The Power and the Government • Role of Property
The Transition Begins • The Reason for Changes • Gorbachev’s Glasnost and Perestroyka • Hungary and Poland 1989 • Trying to create Liberal Economic and Democratic Political Institutions at the same time.
Political Institutions in Transition • From Authoritarianism to Democratic Regime • The Rule of Law • Corruption • Central European Countries • China, Laos, Vietnam, North Korea, Cuba
Economic Institutions in Transition • Privatization • Voucher Privatization • Direct Sales • Marketization • Getting Rid of Central Planning • Gradualism • Shock Therapy
Evaluating the Transition • Nomenklatura • Oligarchs • Poland, Czech Republic, Hungary
The End And The Outcome