Curated category
Economy of Russia
- Federal Compulsory Medical Insurance Fund (Russia)On the 24th of February 1993, the Supreme Soviet of the RSFSR issued decision No. 4543-I to create a new entity. This legislative act established the Federal…
- Privatization in RussiaPrivatization in Russia describes one of the most sweeping economic transformations in modern history. In a country where private ownership of enterprises…
- Russian rubleThe Russian ruble has been circulating in one form or another since the 14th century, making it the second-oldest currency still in use anywhere in the…
- Corruption in RussiaCorruption in Russia is not a hidden problem. It is, according to Transparency International, endemic. In 2024, Russia scored 22 out of 100 on the Corruption…
- Russian oligarchsRussian oligarchs built some of the largest private fortunes in history in roughly a decade, starting from nearly nothing as the Soviet Union fell apart.
- Shock therapy (economics)In 1985, Bolivia faced a hyperinflation rate that reached 24,000 percent. The currency became worthless as people carried wheelbarrows of cash to buy bread.
- Central Bank of RussiaThe State Bank of the Russian Empire opened its doors in 1860, establishing a financial backbone for the Tsarist regime.
- Eurasian Economic UnionThe Eurasian Economic Union was born on the 1st of January 2015, but its founding idea was spoken aloud more than two decades earlier by a single man…
- Forestry in RussiaRussia's forests cover more than a fifth of all the world's wooded land, making Russia the single largest forest country on Earth.
- Cinema of RussiaCinema of Russia stretches back to a single afternoon in May 1896, when Lumiere brothers equipment first flickered to life before Russian audiences in Moscow…
- Economy of RussiaRussia's economy carries a contradiction at its core. It holds the world's largest natural gas reserves, the second-largest coal reserves, and oil shale…