Oligarchization of the Russian economy: Causes, course and consequences

The reforms of the 90s in Russia aimed at transferring economy to a market were carried out hastily, without considering national, geographical, and historical specifics. Nihilism economic, political, legal spheres society allowed transfer lucrative raw material industries into hands oligarchs. Unprofitable fell decline, which caused structural distortions economy. Thousands cities towns have disappeared, causing suffering for people. In 2000s, there was centralization power rejection reforms, oligarchy merged with state financial industrial groups. consequence emergence parasitic form criminal oligarchic capitalism, motivated export capital from Russia. At same time, Kazakhstan, Ukraine, Poland, Czechoslovakia Baltic states, privatization followed different path. Oligarchization stopped economic development intensified negative consequences. About this paper.