History of Russia deficit required borrowing, primarily from Amsterdam; five percent of the budget was allocated to debt payments. Paper money was issued to pay for expensive wars, thus causing inflation. For its spending, Russia obtained a large and glorious army, a very large and complex bureaucracy, and a splendid court that rivaled Paris and London. However, the government was living far beyond its means, and 18th-century Russia remained "a poor, backward, overwhelmingly agricultural, and illiterate country." Peter I was succeeded by his second wife, Catherine I (1725–1727), who was merely a figurehead for a powerful group of high officials, then by his
Great Russia Great Russia Great Russia, sometimes Great Rus' (, , , , , ), is an obsolete name formerly applied to the territories of "Russia proper", the land that formed the core of Muscovy and later Russia. This was the land to which the ethnic Russians were native and where the ethnogenesis of (Great) Russians took place. The name is said to have come from the Greek , used by Byzantines for the northern part of the lands of Rus'. From 1654–1721, Russian Tsars adopted the word - their official title included the wording (literal translation): "The Sovereign of all Rus':