Ivan Vysnegradsky

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  • Ivan Vysnegradsky
    • Finance Minister 1887-1892
    • What policies did he pursue?
      • Budget deficit
      • Neutralisation of least profitable railways
      • Support of domestic industry
      • Preparation of monetary reform
      • Stronger government interference in private railways
    • How did he achieve his policy goals?
      • Increasing direct taxes
      • Pushing for an export drive
      • Increasing railway lines
    • What did he achieve?
      • A balanced budget
      • Accumulated gold reserves
      • Strengthened the rouble
    • How did he fail as finance minister?
      • Exported too much grain and had limited imports
        • Caused 1891-92 famine
      • Heavy taxation on the peasants

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