Conversations with History: Institute of International Studies, UC Berkeley
This interview is part of the Institute's "Conversations
with History" series, and uses Internet technology to share with the public
Berkeley's distinction as a global forum for ideas.
Photos in this
interview are courtesy of Yegor Gaidar.
Welcome to a "Conversation on International Affairs." I'm Harry Kreisler of the Institute of International Studies. Our guest today is Yegor Gaidar, the 1997 Hitchcock Lecturer at the University of California. Dr. Gaidar is an economist, and from November 1991 to January 1994 he played a leading role in the transformation of the Russian economy after the fall of communism, serving Prime Minister Yeltsin and then President Yeltsin as Deputy Prime Minister and Minister of Economy and Finance.
- Background ... recollections of childhood
... influence of grandfather (Arkadi Gaidar) ... influence of father
- Early Training in Economics ... learning
market theory ... influence of Adam Smith ... seeing failures of socialism
- Confronting Economic Chaos ... planning
for the introduction of markets ... coup of August 1991 ... entry into public
service ... administering unpleasant solutions
- Rebuilding the Economy ... understanding
the socialist system ... vested interest and power ... emergency measures
- Setting Monetary Policy ... danger
points in the immediate situation ... creating an independent central bank
... avoiding shortages and fighting monopolies
- Leadership amidst Revolution ... the
utility of experts ... evaluating Yeltsin
- Social Changes ... supporters of the
old system ... creating new social groups
- Academic Life versus Government Service ...
theory and practice ... operating styles ... revolution
- Russia's Future, the Weimar Analogy, and Lessons
Learned ... absence
of violence ... avoiding "Weimar" ... the role of the West
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