Russia's Economic Reforms During Putin's Time

Russia is one of the most important countries in the world.As the president of Russia,Putin has an important influence on the political and economic development of Russia.For such a two president,a prime minister,and then head for power again,his series of economic reform measures will have a profound impact on Russia and the whole world.Before Putin’s administration,Russia’s domestic economic development was not ideal."Shock therapy" exacerbated the Russian economic recession and made the society turbulent,and the outbreak of the financial crisis made the Russian economy in a serious predicament.To this end,Putin came to power and began to reform the system of market economy,to strengthen the management of state-owned assets;changing the mode of economic development,the development of diversified economy;tax reform;at the same time,in the face of the outbreak of the economic crisis has put forward a series of measures and treatment scheme.Although Putin on Russia’s economic reform measures still have some shortcomings,but in general,Putin took office after the Russian economy has made breakthrough progress,economic structure tends to be reasonable,and the degree of dependence on energy is reduced,the trade structure after adjustment is increasingly perfect,domestic residents living standards gradually improved,domestic the economic situation gradually improved.From the economic transition countries to the emerging market economies,Putin’s economic reform is of great reference significance,providing a case for studying the economic development of the countries with economic transformation.