A group of oligarchs devised a scheme to make Boris yelton president. They auctioned off 12 of russia's most profitable industrial enterprises, but these weren't really even auctions. So the prices for these corporations were a steel and then, upholding their part of the deal, the oligarchs did everything they could to help yelton's campaign. And in 19 96, yelson staged a dramatic comeback and was reelected.
In the early 90s, American economist Jeffrey Sachs was a part of a team that tried to transform Russia's economy. It did not go as planned. He tells us what he thinks went so wrong. | Subscribe to our weekly newsletter
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