Yeltsin became Russia’s first democratically elected president in 1991. A populist advocate of radical reform, he embarked on a program of “shock therapy” just days after the dissolution of the USSR, converting the world’s largest socialist planned economy into a market-oriented capitalist one. The skyrocketing prices, heavy taxes, and credit crunch that followed produced a protracted depression that devastated Russia. How, then, did Yeltsin manage to win a second term in 1996? Discuss
Source: The Free Dictionary