The impact of Witte's policies on Russia 1892-1903

RUSSIAN ECONOMY AND SOCIETY

• end of serfdom BUT famine
• still behind western countries
• put tariffs on imports to encourage domestic trade

IMPACT OF SERGEI WITTE AND THE 'GREAT SPURT' 1892-1903

• wanted to make Russia equal
• foreign loans
• increase business class
• wanted to move peasants from farming to working in industry
• gov should have more active role in the economy
• importance placed on coal, iron & steel
• …