Meiji Japan and post-Soviet Russia · TURNING POINT ·
Russian price liberalisation (1992)
On the Meiji Japan and post-Soviet Russia map as “Prices freed”
2 Jan 1992 — Yegor Gaidar’s government frees most retail prices at once. Goods return to the shops, but prices rise about 2,500% over the year and wipe out the savings that Soviet citizens had built up when there was little to buy.
- When
- Type
- Turning point
- Chapter
- Shock therapy in Russia (chapter 10 of Meiji Japan and post-Soviet Russia)
- Atlas
- Remaking the State: Meiji Japan 1600–1912 and Post-Soviet Russia 1964–2000
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