FACTS THAT MATTER
1. The Socialist Revolution in Russia in 1917 gave birth to USSR with an inspiration of socialism, ensure a minimum standard of living for all its citizens and also the government subsidized basic necessities and productive assets were owned and controlled by the state.
2. Russia was the only republic among fifteen republics who dominates everything and people in the region.
3. The Soviet Union lagged behind the west in technology, infrastructure and could not fulfill the political aspirations of people. Soviet invasion of Afghanistan in 1979 also weakened the system furthermore.
4. Mikhail Gorbachev, General Secretary of Communist Party of Soviet Union in 1985 initiated the policies of economic and political reforms to democratize the system which was opposed by leaders within communist party and contradictory view of people.
5. The people of the republic had been fed up with old style rule of Soviet bloc and in Dec 1991, under the leadership of Boris Yeltsin (an elected leader), Russia, Ukraine, and Baltics declared themselves independent.
6. The formation of the Commonwealth of Independent States (CIS) came as a surprise and the exclusion of these states was resolved by making them founder members of the CIS.
7. Russia was accepted as a successor state of Soviet Union by inheriting a Soviet seat in UN Security Council, who accepted all international treaties and commitments of Soviet Union and carried out some nuclear disarmament measures with the US.
8. Now the Soviet Union had been disintegrated on the grounds to maintain nuclear and military arsenals, awareness of people of their backwardness than western capitalism as well as alienation of ordinary people who were exempted from any kind of privileges.
9. The rise of nationalism and the desire for sovereignty within republics like Russia, the Baltic Republics (Estonia, Latvia, Lithuania), Ukraine, Georgia and others proved to be the most immediate cause for the disintegration of USSR.
10. The disintegration of USSR resulted into the end of Cold War confrontations, created a dominant capitalist system, emerged many new states and the advantage was taken by Central Asian countries of their geographical locations by maintaining relations with Russia, the West, the US, China, and others.
11. The process of transition from an authoritarian socialist system to a democratic capitalist system in Russia, Central Asia, and East Europe was influenced by the World Bank and IMF came to be known as Shock Therapy.
12. Shock Therapy involved privatization of property, private firms emergence, complete switch over to free trade and Foreign Direct Investment, Financial opening up, Currency convertibility as well as break up of existing trade alliances among the countries of Soviet Bloc to maintain relations directly with the West.
13. Shock Therapy resulted in the largest garage sale in history, declined the value of Russian Currency ‘Ruble’, due to inflation, food was imported, destroyed Old Social Welfare System, Migration of educated and intellectual manpower and disparities due to privatization between rich and poor regions of Russia.
14. The constitution of newly democratic institutions was drafted in a hurry where strong executives appointed themselves as presidents due to weak Parliament and lack of independent judiciary as in Russia, Turkmenistan, and Uzbekistan.
15. Russia revived in 2000 due to export of natural resources like oil, natural gas, and minerals which were available in abundance in Azerbaijan, Kazakhstan, Russia, Turkmenistan, and Uzbekistan. And from where these pipelines crossed, were paid on rent.
16. Most of the former Soviet Republics had civil wars and insurgencies as in Russia, two republics Chechnya and Dagestan had violent secessionist movements, in Central Asia. Civil War took place in Azerbaijan and Georgia. Czechoslovakia was also split into two. Even countries and provinces like Ukraine, Kyrgyzstan, and Georgia are fighting over river water leading to instability and making life difficult for ordinary people.
17. The Central Asian Republics were rich in hydrocarbon resources for economic benefit as Oil Companies and outside powers had a competition to exploit these natural resources. Also, the US approached them to hire bases and territories during wars in Iraq and Afghanistan.
18. Russia and India share a vision of multipolar world order, collective security, greater regionalism, negotiated settlements of international conflicts, on independent foreign policy and decision making through UN.
19. India is benefitted from Russia on issues of Kashmir, energy supplies, sharing information on international terrorism, access to Central Asia and balancing its relations with China. In return, Russia has also been benefitted from India on the ground of the second largest arms market for Russia.
WORDS THAT MATTER
1. Soviet System: Soviet system was introduced after the Russian Revolution in 1917 based on the principles of egalitarian society and planned economy controlled by the state.
2. Socialist Bloc: The east European countries were known as Socialist Bloc because these countries were liberated from the fascist forces and their political and economic systems were based on this bloc only.
3. Capitalist Economy: In this economy, land and productive assets are owned and controlled by the Capitalists.
4. Unipolar System: Affairs at the international level are dominated by only one superpower.
5. Multipolar System: Affairs at international level cannot be dominated by one superpower only, instead of a group of countries plays an important role.
6. Egalitarian Society: It believes that all people are equally important and should have the same rights and opportunities in life.
7. Largest Garage Sale: It was resulted due to Shock Therapy to undervalue the valuable industries of USSR to sell them at throwaway prices.
8. Shock Therapy: The model of transition from authoritarian socialist system to a democratic capitalist system in Russia, Central Asia, and East Europe under the influence of the World Bank and IMF.