M. Kh. Reutern — Minister of finance during the period of reforms

Andrey A. Belykh ()

Voprosy Ekonomiki, 2019, issue 10

Abstract: This work analyzes the development of M. Reutern’s economic views in the period before he had become Minister of finance. His role in redemption operation during the Peasants liberation reform is also studied, as well as his economic policy while being Minister of finance. The article describes his main achievements — progressing to budget proficiency, building of railroads, encouragement of private entrepreneurship, creation of commercial banks system. The article also demonstrates that it was not Reutern who initiated the projects which are commonly considered to be his mistakes, such as attempts to restore rouble exchange rate, the sale of Alyaska, privatization of Nikolaevskaya railroad. Reutern’s activity to prevent abuse of power and corruption are considered. The programme of stage-by-stage rouble exchange rate recovery, initiated by Reutern, was worked out by E. Lamanskiy and failed mostly due to political reasons. The article shows incorrectness of some assessments of Reutern’s activity, presented both by Reutern’s contemporaries and by modern scholars.

Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.vopreco.ru/jour/article/viewFile/2451/2216 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2019:id:2451

DOI: 10.32609/0042-8736-2019-10-115-134

Access Statistics for this article

More articles in Voprosy Ekonomiki from NP Voprosy Ekonomiki
Bibliographic data for series maintained by NEICON ().