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 freed most retail prices at once. Goods returned to the shops, but the savings Soviet citizens had accumulated when there was little to buy lost their value: prices rose about 2,500% over the year.
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- 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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