Meiji Japan and post-Soviet Russia · TURNING POINT ·
Uralmash voucher privatisation (1992–96)
On the Meiji Japan and post-Soviet Russia map as “Uralmash”
1992–1996 — Sverdlovsk’s giant heavy-machinery works, a symbol of Soviet industry, was privatized through vouchers. The young entrepreneur Kakha Bendukidze bought vouchers and shares until he controlled the works. Across Russian industry, insiders and outside buyers took over enterprises in a similar pattern.
- 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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