section 1:chapter 6 Flashcards
what reforms did Reutern produce
- state bank set up 1860
- tariffs reduced to promote trade
- foreign investment encouraged
- gov support offered for development of cotton/mining industry
what was Von Reuterns role in economic change
- following emancipation
- minister of finance (1862-78)
- aimed to boost economy and drive industrial growth
strengths of Reuterns reforms
- encouraged investment + enterprise
- railway network expanded
annual average growth rate of 6% during Reuterns time in office
Vyshnegradsky
- finance minister (87-92)
- wanted to raise capital , reduce budget deficit + boost home production
weaknesses of Reuterns reforms
- eco remained comparatively weak
- 1/3 gov expenditure went on repaying debts
- peasantry still poor
how did Vyshnegradsky go about achieving his aims
- introduced high tariff (30% value of imported raw materials)
- negotiated loans + increased indirect taxes
- mounted a drive to swell grain exports
results of Vyshnegradskys actions
- 1881-92 - grain exports increased by 18%
-‘92 -budget in surplus
-peasants suffered -had to give grain to state - famine (91-2) due to bad harvests - thousands died
when was Vyshnegradsky dismissed
1892 after widespread famine
who replaced Vyshnegradsky as finance minister
Witte - 1892-1903
- maintained protective tariffs+ heavy taxation
- sought further loans
- engineers/managers etc from west Europe to oversee industrial developments + advise
outcome of Witte’s actions
- 1897 - Russia = 4th largest industrial economy
- exports/foreign trade increased
- railway network expanded
agriculture and the land issue (1883-92)
- agriculture changed little following emancipation
- grain production comparatively low
- land bank benefits low
- famine showed peasants had too little land to prosper
the emergence of the landed elite (after 1895)
- former serf owners
-small/diverse group mostly noble status - might be employed in: state service, Zemstva, professionals)
- retained previous wealth/status
the emergence of the middle class (after 1895)
- growing class resulting from urban/ industrial expansion + education
- bankers, doctors etc
the emergence of the urban working class (after 1895)
- around 2% of population by 1890s;
- some worked in towns + returned to villages at peak farming times
- growing class - by 1864 1/3 inhabitants of st Petersburg peasants by birth.
- poor living/working conditions
cultural influence of the Russian orthodox church
- 70%of population orthodox believers
- religion/superstition important - Peasant culture
- church possessed strict censorship control