The Economic Collapse of the USSR

1
The Economic Collapse of the USSR

• The last days of an empire
• By Carlos Diaz and
• Hayk Melkumyan

2
The Union of Soviet Socialist Republics (CCCP)
3
Historical Background

• The October Revolution and the New Economic
  Policy.
  
• The Centralized Booming of the Soviet
  Economy1940s to 1960s.
  
• The Settings for a Collapse 1970s-1980s
• Gorbachev and the Perestroika.
• Russia in the 1990s Free Market and the
  Mafyia.
  

4
The October Revolution And the New Economic
Policy

• The Bolshevik Revolution.
• The Civil War
• Lenins New Economic Policy private ownership in
  a small scale.
  
• Stalins Five Year Plan Centralized Economy.

5
The Centralized Booming of the Soviet
Economy1940s to 1960s.

• The Coming of the Central Market the Collective
  Farm and the State Farm.
  
• The Great Famine (1932-33).
• WWII ( The Great War).
• Economic Recovery
• The Cold War

6
The Cold War

• The USSR as a Nuclear Power
• The Race for the Cosmos (Space Race, Gagarin,
  Belka / Strelka)
  
• Kruschevs Policies
• Struggle for world domination during.
• Policy of Detente

7
The Settings for a Collapse 1970s-1980s

• Oil Crisis
• Afghanistan
• NEP fails
• Chernobyl Nuclear Plant

8
Communism and Classical Socialism

• Marxs Communism
• Classical Socialism
• The Power and the Government
• Role of Property

9
The Transition Begins

• The Reason for Changes
• Gorbachevs Glasnost and Perestroyka
• Hungary and Poland 1989
• Trying to create Liberal Economic and Democratic
  Political Institutions at the same time.
  

10
Political Institutions in Transition

• From Authoritarianism to Democratic Regime
• The Rule of Law
• Corruption
• Central European Countries
• China, Laos, Vietnam, North Korea, Cuba

11
Economic Institutions in Transition

• Privatization
• Voucher Privatization
• Direct Sales
• Marketization
• Getting Rid of Central Planning
• Gradualism
• Shock Therapy

12
Evaluating the Transition

• Nomenklatura
• Oligarchs
• Poland, Czech Republic, Hungary

13
The End
And The Outcome