Anatoly Chubais

Russia's 'Loans-for-Shares' Auctions Transfer $100 Billion in State Assets to Oligarchs for Pennies on the Dollar

| Importance: 10/10

The Russian government under President Boris Yeltsin implemented the ’loans-for-shares’ privatization scheme between November and December 1995, auctioning twelve of Russia’s most profitable industrial enterprises—including mining, steel, shipping, and oil companies—to a small …

Boris Yeltsin Vladimir Potanin Mikhail Khodorkovsky Boris Berezovsky Roman Abramovich +3 more russia oligarchs loans-for-shares privatization corruption +5 more
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Russia Begins Mass Voucher Privatization: 148 Million Citizens Given Certificates Worth 'Two Volga Cars' That Become Worthless

| Importance: 9/10

Russia launched the world’s largest privatization program, distributing vouchers worth 10,000 rubles each to approximately 148 million citizens, enabling the privatization of over 15,000 medium and large enterprises. The program was designed and implemented by Anatoly Chubais, chairman of the …

Anatoly Chubais Boris Yeltsin State Committee for State Property Management Russian Government russia privatization shock-therapy oligarchs wealth-transfer +4 more
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Harvard Receives $40 Million USAID Contract to Advise Russia's Economic Transition: 'Harvard's Blank Check from Uncle Sam'

| Importance: 9/10

Harvard University’s Harvard Institute for International Development (HIID) received a $40.4 million contract from the United States Agency for International Development (USAID) to provide advice on privatization and market reforms in post-Soviet Russia, awarded without normal competitive …

Harvard Institute for International Development Andrei Shleifer Jonathan Hay Lawrence Summers United States Agency for International Development +1 more russia harvard usaid shock-therapy privatization +4 more
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