Anatoly Chubais, former head of Rosnano, wrote article For the journal “Economic Issues”. In the material entitled “Non-payment in the Russian economy of the 1990s: an unpredictable institution,” he presented his vision of the causes and real mechanisms for solving this problem. The author of the article “Independent researcher from the UK, Glasgow. Candidate of Economic Sciences.
“Among the large-scale processes that caused the greatest damage to the Russian economy and population in the 1990s and significantly undermined the prestige of the reformers, non-payment occupied a special place. For many years the government, the presidential administration and business have sought to minimize their negative impact (the author of this article had to actively participate in this),” says the statement in the appendix to the material.
In the text, Chubais recalls that it was he who headed the operational commission in the summer of 1994 to eliminate the causes of the non-payment crisis.
He also admits that neither Russian nor foreign economists have been able to adequately assess the reasons for non-payment for a long time and develop an action plan to eliminate the problem. As a result, Chubais emphasizes that initiating the bankruptcy institution and completing the private property creation process by 1997 helped solve the problem.
Former ex-president of Rosnano pointedThat in 1996 the unpaid reached 40-45% of GDP. Half of the economy has never functioned in monetary terms,” he said.
Voprosy economic, founded in 1929, is Russia’s leading theoretical and scientific-practical journal with general economic content. Published with the support of the Institute of Economics of the Russian Academy of Sciences.
migrant route
It was learned that on March 23 last year, Chubais resigned from his post as the special presidential envoy and left the country. Bloomberg noted that the separation was directly related to the start of a special operation in Ukraine. Later, Chubais and his director wife Avdotya Smirnova were screened in Türkiye, Italy and Israel.
In the summer of 2022, he was taken to one of the Italian clinics for symptoms of Guillain-Barré syndrome. Doctors rated her condition as moderate.
A few months ago, the Israeli portal “Details” reported that a former Russian official made a request To replace a temporary ID card with a permanent biometric ID card at the Israeli Ministry of the Interior.
It was previously unknown that Putin’s former special envoy eventually decided to settle in the UK.