We continue our new series, "The Other 1990s," where we tell you the truth about that time, stripped of Putin's propaganda. Today we'll talk about the economic reforms of the 1990s. Why was the transition to economic growth after the dismantling of the Soviet economy so long and difficult? Were there "radical reforms" in the 1990s, or was the lack of radical reforms the problem? Vladimir Milov tells the whole truth as a direct participant in those events—Milov knows what he's talking about.

00:00 - Introduction
00:20 - 1990s. Economic Reforms
01:57 - Why So Long?
05:21 - New Economy vs. Old Economy
10:11 - A Sad Trip to a Soviet Factory
19:14 - They Saved Soviet Factories — Got Carried Away with Printing Money
24:35 - One of the Failures: The Lack of Coherent Enterprise Reform
30:57 - What We Lacked: Foreign Capital
33:27 - Why Didn't Foreign Investment Flow into Russia?
40:09 - Not the "Reforms of the 90s," but the 90s Without Reform
50:37 - Oligarchs Are a Direct Consequence of the Lack of Enterprise Reform
53:56 - The Role of the Global Behind the Scenes: the IMF, Foreign Advisors, and Others
01:03:30 - Why Hasn't the West Forgiven Russia's Soviet Debt?
01:05:58 - Summary Shock without therapy, reforms without reforms

Previous pilot episode in the series about the 1990s: Девяностые: что это было? Какие были 90-е?...

A series about the collapse of the USSR: Референдум-1991: сломанная страна [Как раз...

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