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Russia's Response to Globalization

Capitalist globalization heavily contributed to the fall of the Soviet Union and the chaotic transition from socialism to capitalism. The post-Communist nomenklatura had to adapt its governance system in order to meet the new international standards, and the rulers in the Moscow Kremlin tried to respond as "perfect Russian rulers" to challenges created by the rapidly changing international situation, the pressures coming from international agencies, and foreign capital. These adaptations were carried out during the presidency of Boris Yeltsin and were speeded up under his successor Vladimir Putin. Policy changes aimed at: