Vyshnegradsky Flashcards
When did Ivan Vyshnegradsky become the Minister of Finance?
He became the Minister of Finance in 1887.
What economic measures did Vyshnegradsky implement during his time in office?
He increased indirect taxes and tariffs to boost revenue.
What was Vyshnegradsky’s strategy regarding grain exports?
He mounted a drive to increase grain exports.
How much did grain exports increase between 1881 and 1891 under Vyshnegradsky?
Grain exports increased by 18% between 1881 and 1891.
What financial outcome occurred in 1892 as a result of Vyshnegradsky’s policies?
By 1892, the Russian budget was in surplus.
How did Vyshnegradsky’s policies negatively impact the peasants?
Peasants had their grain requisitioned and were burdened by high taxes, leading to hardship.
What did Vyshnegradsky famously say about his grain export policy?
He said, ‘We ourselves shall not eat, but we shall export.’
What was the consequence of Vyshnegradsky’s policies on the population?
His policies contributed to widespread famine, and thousands of peasants died.
Why was Vyshnegradsky dismissed in 1892?
He was dismissed due to the failure of his policies, which led to famine and suffering.
What played a significant role in Vyshnegradsky’s economic plans?
His policies were driven by foreign investment and loans.
When was Vyshnegradsky minister of finance?
1887-92
