Alexis I Mikhaylovich1667
New Commercial Regulations keep foreigners out of trade & impose high import tariffs
Russia · Government / Government of Russia. Chronological records rendered directly from the World History Database.
New Commercial Regulations keep foreigners out of trade & impose high import tariffs
The State Commission for the Electrification of Russia is founded
The Supreme Economic Council runs 37,000 businesses with a workforce of 2 million
With the ongoing turn to a market-based system of production as part of the New Economic Policy (NEP), very real constraints exist on the possible extent of central planning during the initial phase of Gosplan
The State Planning Commission, GOSPLAN, is founded. Early in February 1921 the Politburo unanimously voted for Vladimir Lenins proposal of ending the forced requisitioning of grain
The State Planning Commission, GOSPLAN, is founded. Early in February 1921 the Politburo unanimously voted for Vladimir Lenins proposal of ending the forced requisitioning of grain. At the 10th Congress of the Russian Communist Party (Bolsheviks), the economic policy known as the New Economic Policy, often abbreviated to NEP, was approved
A new decree expands Gosplan's purview, with the agency directed to compose both "long-term" and "immediate" plans of production, Gosplan is to be consulted regarding proposed economic and financial decrees submitted to the Council of Peoples Commissars by the various economic People's Commissariat
Gosplan has no power of compulsion in this early stage, but is forced to work through Sovnarkom, STO, or the People's Commissariats to have its suggestions implemented by decree.
Tension grows between Narkomfin and Gosplan throughout the NEP period, with Narkomfin advocating increased grain exports as a means of bolstering the currency by balancing imports and exports while simultaneously bolstering peasant prosperity, while Gosplan emerges as the chief advocate of cheap food and the
planned development of industry.
After Lenins death in 1924, a power struggle between the pro-NEP and anti-NEP escalated eventually into the creation of the first planned economy under Stalin
Gosplans work is coordinated with the USSR Central Statistical Directorate, the Peoples Commissariat of Finance, and the Supreme Soviet of the National Economy (Vesenkha), and later with the State Bank (Gosbank) and State Supply Committee (Gossnab)
The 1st 5 yr plan is promised by the Communist Party
Breaks with the New Economic Policy & introduces 5 yr plans
From 1928 to 1991 the entire course of the economy was guided by a series of Five-Year Plans
Stalin, after consolidating power, ends the NEP in 1928. In order to ensure the success of the five year plans plan it is necessary to ensure that inputs from one part of the economy match outputs from another part of the economy, Gosplan achieved this by using a methodology called the system of material balances
The NEP is replaced by a 5 yr plan at the 15th Party Congress. Kulaks respond to increased collectivization by reducing output & slaughtering stock
Collectivizes all farms in Russia
Publishes letter in "Pravda", "Dizzy with Success"
The goal of the Second Five-Year Plan (1933-1937) is the reconstruction of the entire Soviet economy and the creation of a new technical base
Fails to persuade Schacht to expand commercial relations between Russia & Germany
The 3rd Five-Year Plan (1938-1941) was not as successful, due to the purging of leading Gosplan members and the outbreak of World War II
The 4th Five-Year Plan (1946-1950) drastically improves the standard of living for the common citizen from a very low level
The Russian currency is reformed
Creates an Economic Commission for Eastern Germany
Comecon is established at a Moscow economic conference January 5-January 8, 1949, at which the six founding member countries are represented
5th Five-Year Plan, 1951-55
Gosplan is divided into two commissions, the USSR Council of Minister's State Commission for Advanced Planning and the USSR Council of Minister's Economic Commission on Current Planning, tasked with predictive and immediate planning
The Polish protests and Hungarian uprising led to major social and economic changes, including the 1957 abandonment of the 1956-1960 Soviet five-year plan, as the Comecon Governments struggled to reestablish their legitimacy and popular support
A Comecon council session approved the Basic Principles of the International Socialist Division of Labour, which talked of closer coordination of plans and of "concentrating production of similar products in one or several socialist countries"
Calls for "a common single planning organ", resisted by Czechoslovakia, Hungary, and Poland, but most emphatically by increasingly nationalistic Romania, which strongly rejected the notion that they should specialize in agriculture
Declares the Kazakhstan virgin lands a failure & seeks 2 million tons of US wheat
Russia & China sign a $1.2 billion trade agreement
Russian growth is %2.6, lowest since World War II. Oil and gas constituted eighteen percent of exports in 1972 and 54 percent by 1984
Appointed Head of the Dept of the defence industry of the Party Central Committee
Reduces vodka production by 60% & increases its price by 200% by 6 months in office
Attempts to prevent private enterprise on the black market
Creates co-operative businesses in catering, services & consumer goods manafacture
At the Central Committee of the Communist Party of the Soviet Union (CPSU), Gorbachev presents his "basic theses," which laid the political foundation of economic reform for the remainder of the existence of the Soviet Union.
The original version of the Soviet Joint Venture Law, which went into effect in June 1987, limited foreign shares of a Soviet venture to 49 percent and required that Soviet citizens occupy the positions of chairman and general manager.
The Supreme Soviet of the Soviet Union passes the Law on State Enterprise, the law stipulates that state enterprises are free to determine output levels based on demand from consumers and other enterprises
At the Central Committee of the Communist Party of the Soviet Union (CPSU), Gorbachev presents his "basic theses," which laid the political foundation of economic reform for the remainder of the existence of the Soviet Union
Gorbachev presents the Law on the State Enterprise, factories and mines the right to decide what to produce after satisfying the basic requirements of the state planning authorities
The Supreme Soviet of the Soviet Union passes the Law on State Enterprise, the law stipulates that state enterprises are free to determine output levels based on demand from consumers and other enterprises.
The original version of the Soviet Joint Venture Law, which went into effect in June 1987.
limited foreign shares of a Soviet venture to 49 percent and required that Soviet citizens occupy the positions of chairman and general manager.
For the first time since Vladimir Lenins New Economic Policy, the law permits private ownership of businesses in the services, manufacturing, and foreign-trade sectors. Allows foreigners to invest in the Soviet Union in the form of joint ventures with Soviet ministries, state enterprises, and cooperatives
For the first time since Vladimir Lenins New Economic Policy, the law permits private ownership of businesses in the services, manufacturing, and foreign-trade sectors. Allows foreigners to invest in the Soviet Union in the form of joint ventures with Soviet ministries, state enterprises, and cooperatives. The rationing of meat was policy in twenty-six of the fifty-five regions of the Russian Soviet Federative Socialist Republic in 1988 alone
Gazprom earns 1/3 of Russias hard currency from exports
Triples bread prices in order to move toward a "regulated market economy"
The final Comecon council session takes place June 28, 1991 in Budapest, and led to an agreement to disband within 90 days
Soviet President Mikhail Gorbachev makes a personal appeal for Western aid at the conclusion of the Group of Seven economic summit in London
Gorbachev urges Communist leaders at a Central Committee meeting to reject "outdated ideological dogmas" and embrace a market economy
Chubais privatisation plan is a necessary evil because it enables Russia to finally cut the Gordian Knot and break with the legacy of the Soviet command model of economy
Chubais privatisation plan is a necessary evil because it enables Russia to finally cut the Gordian Knot and break with the legacy of the Soviet command model of economy. Chubais oversees the biggest sell-off of state assets in history
In the midst of Russias worst post-Soviet currency crisis, Yeltsin fires Kiriyenko and re-nominates Chernomyrdin Prime Minister
Putin announces a 20% increase in pensions ahead of the Mar 26 elections
The Government announces that it will raise the minimum price for a bottle of vodka by 30% at the end of the month
Russias food supply is threatened with a virulent strain of potato blight and livestock feed shortages were forecast
Putin abolishes the chief agency for environmental protection and transferred its powers to a ministry that hands out oil and gas leases
Putin unveils a new plan to revive the economy that includes a flat 13% income tax
Putin makes his first state of the nation address and calls for increased power to the central Government to overcome a bleak diagnosis of the countrys ills
This record states: A study by Bank of Finlands Institute for Economies in Transition (BOFIT) found that state intervention had made a positive impact on the corporate governance of many companies in Russia.
This record states: Putin and former German Chancellor Gerhard Schroder negotiate the construction of a major gas pipeline over the Baltic exclusively between Russia and Germany.
This record states: The National Priority Projects were launched to improve Russias health care, education, housing and agriculture.
This record states: The governance was better in companies with state control or with a stake held by the Government.
Anna Politkovskaya, a journalist who exposed corruption in the Russian army and its conduct in Chechnya, was shot in the lobby of her apartment building, the death of Politkovskaya triggered an outcry in Western media, with accusations that Putin had failed to protect the countrys new independent media
The Great Recession hit the Russian economy especially hard, interrupting the flow of cheap Western credit and investments which coincided with tension in relationships with the EU and the US following the 2008 South Ossetia war, in which Russia invaded neighboring Georgia populated by less than 5 million people
Large reserves accumulated in Russia's Stabilization Fund during high oil prices, together with strong management, helped the country withstand the crisis and resume growth by mid-2009.
The World Bank praised the government's anti-crisis measures in its November 2008 Russia Economic Report.
The report said prudent fiscal management and substantial reserves had protected Russia from deeper consequences of the external shock.
On his first day as President, Putin issued 14 Presidential decrees, which are sometimes called the "May Decrees" by the media, including a lengthy one stating wide-ranging goals for the Russian economy
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.