Postcommunist Russia

Question

Quizplus · Accepted Answer

All of the above statements are true for postcommunist Russia. The country's transition to a market economy in the 1990s was turbulent and resulted in a significant drop in GDP. This economic transition also paved the way for the development of crony capitalism and gangster capitalism, with a few individuals and groups benefiting greatly from the new market opportunities while others were left behind. Under Putin's leadership, Russia has moved towards greater authoritarianism, which has included restrictions on media and civil society, as well as changes to the electoral system. Finally, Russia's population has declined in recent years due to factors such as low birth rates and emigration.