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Economic history of the Russian Empire. Russian national income per capita increased and moved to closer to the most developed economies of Northern and Western Europe from the late 17th century to the 1740s. [2] After the 1740s, the Russian economy stagnated and declined. In the 18th century, Russian national income per capita was about 40 ...
The economy of the Soviet Union was based on state ownership of the means of production, collective farming, and industrial manufacturing. An administrative-command system managed a distinctive form of central planning. The Soviet economy was characterized by state control of investment, prices, a dependence on natural resources, lack of ...
t. e. The history of the Soviet Union from 1964 to 1982, referred to as the Brezhnev Era, covers the period of Leonid Brezhnev 's rule of the Union of Soviet Socialist Republics (USSR). This period began with high economic growth and soaring prosperity, but gradually significant problems in social, political, and economic areas accumulated, so ...
By 2016, the Russian economy rebounded with 0.3% GDP growth and officially exited recession. The growth continued in 2017, with an increase of 1.5%. [145] [146] In January 2016, Bloomberg rated Russia's economy as the 12th most innovative in the world, [147] up from 14th in January 2015 [148] and 18th in January 2014. [149]
1980 – 1990 – The European Economic Community, the United States and Japan lead expansion. At exchange rates, the global economic output expanded by US$11.5 trillion from 1980 to 1990. The five largest contributors to global output contraction are Argentina, Saudi Arabia, Nigeria, the Democratic Republic of the Congo, and Venezuela.
History of the Soviet Union. The history of the Soviet Union from 1982 through 1991 spans the period from the Soviet leader Leonid Brezhnev 's death until the dissolution of the Soviet Union. Due to the years of Soviet military buildup at the expense of domestic development, and complex systemic problems in the command economy, Soviet output ...
Russia's GDP by purchasing power parity (PPP) from 1991 to 2019 (in international dollars) Russian male life expectancy from 1980 to 2007. With the dissolution of the Warsaw Pact and COMECON and other treaties that served to bind its satellite states to the Soviet Union, the conversion of the world's largest state-controlled economy into a market-oriented economy would have been ...
The Eleventh Five-Year Plan, or the 11th Five-Year Plan, of the Union of Soviet Socialist Republics (USSR) was a set of goals designed to strengthen the country's economy between 1981 and 1985. The plan was presented by the Chairman of the Council of Ministers Nikolai Tikhonov at the 26th Congress of the Communist Party of the Soviet Union ...