section_path: History/Independent Russian Federation/Transition to a market economy and political crises
section_name: Transition to a market economy and political crises
paragraph_text: Transition to a market economy and political crises
  
  The economic and political collapse of the Soviet Union led Russia into a deep and prolonged depression. During and after the disintegration of the Soviet Union, wide-ranging reforms including privatisation and market and trade liberalisation were undertaken, including radical changes along the lines of " shock therapy ". The privatisation largely shifted control of enterprises from state agencies to individuals with inside connections in the government, which led to the rise of Russian oligarchs. Many of the newly rich moved billions in cash and assets outside of the country in an enormous capital flight. The depression of the economy led to the collapse of social services—the birth rate plummeted while the death rate skyrocketed, and millions plunged into poverty; while extreme corruption, as well as criminal gangs and organised crime rose significantly.
  
  In late 1993, tensions between Yeltsin and the Russian parliament culminated in a constitutional crisis which ended violently through military force. During the crisis, Yeltsin was backed by Western governments, and over 100 people were killed.