Post-1987 economic liberalization in Russia paved the way for the entry of _______________.

Question

Quizplus · Accepted Answer

The economic liberalization in Russia after 1987 resulted in a largely unregulated market economy that was exploited by criminal organizations. The sudden growth of capitalism and new business opportunities led to the rise of organized crime groups, who took advantage of the weak governing structures and legal systems to establish themselves as a powerful force in the Russian economy. The presence of criminal organizations has had a negative impact on Russia's economic development, hindering foreign investment and economic growth in certain sectors. Improved law enforcement and bank regulations have been implemented in recent years to combat these criminal activities, but the problem persists.

Post-1987 Economic Liberalization in Russia Paved the Way for the Entry