page_title: Yegor Gaidar
section_title: Career
hierarchical_section_title: Yegor Gaidar / Career
caption_attribution_description: Yegor Gaidar, former Russian minister of finances.
context_page_description: Yegor Timurovich Gaidar was a Soviet and Russian economist, politician, and author, and was the Acting Prime Minister of Russia from 15 June 1992 to 14 December 1992.
  He was the architect of the controversial shock therapy reforms administered in Russia after the dissolution of the Soviet Union, which brought him both praise and harsh criticism. He participated in the preparation of the Bialowieza agreements. Many Russians held him responsible for the economic hardships that plagued the country in the 1990s that resulted in mass poverty and hyperinflation among other things, although liberals praised him as a man who did what had to be done to save the country from complete collapse. Jeffrey Sachs, director of Columbia University's Earth Institute, who advised the Russian government in the early 1990s, called Gaidar "the intellectual leader of many of Russia's political and economic reforms" and "one of the few pivotal actors" of the period.
  Gaidar died of pulmonary edema, provoked by myocardial ischemia on 16 December 2009.
context_section_description: Gaidar graduated with honors from the Moscow State University, Faculty of Economics, in 1978 and worked as a researcher in several academic institutes. A long-time member of the Communist Party of the Soviet Union and an editor of the CPSU ideological journal Communist during the perestroika, he joined Boris Yeltsin's camp during Perestroika. In 1991 he quit the Communist Party and was promoted to Yeltsin's government.
  While in government, Gaidar advocated free market economic reforms according to the principle of shock therapy. His best-known decision was to abolish price regulation by the state, which immediately resulted in a major increase in prices and amounted to officially authorizing a market economy in Russia. He also cut military procurement and industrial subsidies, and reduced the budget deficit. Gaidar was the First Vice-Premier of the Russian Government and Minister of Economics from 1991 until 1992, and Minister of Finance from February 1992 until April 1992.
  He was appointed Acting Prime Minister under President Boris Yeltsin in 1992 from 15 June until 14 December, when the anti-Yeltsin Russian Congress of People's Deputies refused to confirm Gaidar in this position and Viktor Chernomyrdin was eventually chosen as a compromise figure. Gaidar continued to advise the new government. On 18 September 1993, he was again appointed the First Vice-Premier under Chernomyrdin as a deliberate snub to the opposition. He played an active role in the Russian constitutional crisis of 1993.
  On 3 October, he famously spoke live on Russian television, then broadcasting from an emergency station near Moscow, as there was fighting going on in the Ostankino complex, calling on Muscovites to gather to defend Yeltsin's government so that Russia would not be "turned into an enormous concentration camp for decades".
  In the 1993 Duma elections, in the aftermath of the crisis, Gaidar led the pro-government bloc Russia's Choice and was seen by some as a possible future Prime Minister. However, due to the bloc's failure to win the plurality of votes in the election, Gaidar's role in the government diminished and he finally resigned on 20 January 1994.
  During the 1999 NATO bombing of Yugoslavia Yegor Gaidar, Boris Nemtsov and Boris Fyodorov were in Belgrade, Yugoslavia on a mediation mission.
caption: Gaidar in the early 1990s
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