key term - Boris Yeltsin

Definition

Boris Yeltsin was the first President of the Russian Federation, serving from 1991 to 1999. He played a crucial role in the dissolution of the Soviet Union and the transition of Russia towards a market economy and democratic governance during the end of the Cold War. His leadership was marked by significant reforms that aimed to shift Russia from a command economy to a more free-market system, which had both positive and negative consequences for the nation.

5 Must Know Facts For Your Next Test

1. Yeltsin was a key figure in the August Coup of 1991, where he famously stood on a tank to rally resistance against hardline communists attempting to seize power.
2. His presidency faced immense challenges including economic instability, hyperinflation, and significant social upheaval as Russia transitioned to a market economy.
3. Yeltsin's government implemented 'shock therapy' economic policies that aimed to quickly liberalize the economy, leading to drastic changes but also significant hardships for many Russians.
4. He resigned on December 31, 1999, and was succeeded by Vladimir Putin, marking a significant shift in Russian politics.
5. Yeltsin’s tenure is often viewed as a period of both great hope and hardship, as it was characterized by attempts at democratization alongside rampant corruption and oligarchic control over the economy.

Review Questions

• How did Boris Yeltsin's leadership contribute to the end of the Soviet Union and what were some immediate effects of his presidency?
  • Boris Yeltsin's leadership was pivotal in the dissolution of the Soviet Union as he championed reforms promoting independence from central control. His defiance during the August Coup in 1991 helped rally support for democratic movements. The immediate effects of his presidency included significant political changes, economic reforms shifting towards capitalism, and increased national pride among Russians. However, these changes also led to economic chaos and social unrest.
• Evaluate the impact of Yeltsin's 'shock therapy' economic policies on Russian society during his presidency.
  • Yeltsin's 'shock therapy' aimed to rapidly transition Russia from a command economy to a free market. While it succeeded in opening up markets and privatizing state-owned enterprises, it also caused severe hyperinflation, skyrocketing unemployment, and increased poverty levels. Many citizens faced economic hardship as wealth became concentrated among a small group of oligarchs, leading to growing disillusionment with his government and contributing to political instability.
• Analyze how Boris Yeltsin's presidency set the stage for future political developments in Russia after 1999.
  • Boris Yeltsin's presidency significantly shaped Russia's political landscape post-1999. His efforts towards democratization were undermined by rampant corruption and economic turmoil, creating a context where many Russians longed for stability over chaos. The rise of Vladimir Putin as his successor can be traced back to this desire for order and effective governance. Yeltsin's mixed legacy of reform set up a complex dynamic that allowed for a strongman approach under Putin, marking a departure from Yeltsin's initial democratic aspirations.

Related terms

Glasnost:

A policy introduced by Mikhail Gorbachev in the 1980s promoting openness and transparency in government, which laid the groundwork for political reform in the Soviet Union.

Perestroika:

An economic restructuring initiative initiated by Mikhail Gorbachev aimed at reforming the Soviet economy by introducing market-like reforms.

Russian Federation: The sovereign state that emerged after the dissolution of the Soviet Union in 1991, of which Boris Yeltsin was the first president.