Reforms of von Reutern in Russia

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What motivated Russia to implement economic reforms?

To catch up with the economic developments of Western Europe

What reforms did von Reutern implement to increase industrial growth?

He abolished tax farming and reformed the tax system to create more indirect taxation

What was the outcome of von Reutern's reforms on tax farmers?

They looked for alternative investment opportunities

How did Russia's railway network and annual growth rate fare under von Reutern?

<p>The railway network expanded greatly and annual growth increased by 6%</p> Signup and view all the answers

What were the weaknesses of von Reutern's reforms?

<p>Russia's economy remained weak, and the tax system kept the peasantry poor and the domestic market small</p> Signup and view all the answers

Who replaced von Reutern as the Minister of Finance in 1877?

<p>Vyshnegradsky</p> Signup and view all the answers

What measure did Vyshnegradsky introduce in 1888 to boost production in Russia?

<p>A 30% import tariff on raw materials</p> Signup and view all the answers

What were Vyshnegradsky's goals as Minister of Finance?

<p>To balance the budget while financing enterprise and negotiating valuable loans</p> Signup and view all the answers

How did Vyshnegradsky alter the tax system and grain exports?

<p>He increased indirect taxes and created a policy to increase grain exports</p> Signup and view all the answers

Was Vyshnegradsky successful in his tenure as Minister of Finance?

<p>Yes</p> Signup and view all the answers

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