Yelstin gave every Russian citizen a certificate worth 10,000 rubbles to buy shares in state owned enterprises that were being privatized.
Those with ready cash bought the certificates from those without, and this led to the current oligopoly.
Yelstin gave every Russian citizen a certificate worth 10,000 rubbles to buy shares in state owned enterprises that were being privatized.
Those with ready cash bought the certificates from those without, and this led to the current oligopoly.