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Russia’s Market Reform Architect [ex-PM Yegor Gaidar] Dies
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Candidate
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| Contributor | RMF |
| Last Edited | RMF Dec 16, 2009 05:15pm |
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| Category | Obituary |
| Author | Andrew E. Kramer |
| Media | Newspaper - New York Times |
| News Date | Wednesday, December 16, 2009 11:00:00 PM UTC0:0 |
| Description | MOSCOW — Yegor T. Gaidar, the economist who oversaw the largest transition from Communism to capitalism as the first finance minister of post-Soviet Russia, only to be vilified by his countrymen for the decade of poverty that followed, died on Wednesday. He was 53.
The cause was most likely a blood clot, the Interfax news agency reported. It quoted police officials as saying that Mr. Gaidar had died at his country home in Odintsovo, outside Moscow.
Mr. Gaidar rose to power as part of a generation that first strove to reform the Soviet Union from within but instead wound up presiding over its collapse. He began his career in a branch of the Soviet planning bureaucracy examining ways to revitalize the country’s creaking command economy.
But as finance minister he abandoned the idea of instituting gradual reforms of the type he had been studying. Instead, in charge of one of the great blank slates of economic history after the collapse of the Soviet Union, he decided to move quickly to liberalize prices and begin privatizing state industry.
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