Economic reform under Witte 1893-1903

Descrição

Mapa Mental sobre Economic reform under Witte 1893-1903, criado por eveannesley em 21-05-2014.
eveannesley
Mapa Mental por eveannesley, atualizado more than 1 year ago
eveannesley
Criado por eveannesley mais de 10 anos atrás
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Resumo de Recurso

Economic reform under Witte 1893-1903
  1. aims
    1. to modernise Russia so that it could compete with the West
      1. tsar's aims:
        1. to improve the strength of the Russian armed forces
        2. 'Russia has the right and strength not to want to remain the handmaiden of states that are more developed economically'
        3. Methods Witte used
          1. state capitalism
            1. acquire capital for investment in industry
              1. large loans/ investment abroad
                1. heavy taxes and high interest rates at home
                2. protective tarriffs
                3. 1897: gold standard
                  1. financial stability to encourage international investment
                  2. invited foreign experts/workers to advise
                  3. railways
                    1. Witte believed modernisation was reliant on an effective transport system
                      1. 1881: 13,270 miles of track
                        1. 1913: 43,850
                        2. Transiberian railway 1891-1902
                          1. Moscow --> Vladivostok
                            1. connected remoter regions of empire to industrial west to encourage migration of workers
                        3. Successes/Failures
                          1. Successes
                            1. 1890: Coal=5.9 millions of tons, Oil=3.9
                              1. 1910: Coal= 26.8, Oil= 9.4
                              2. 1898-1913 96.8% growth
                                1. Considering level of backwardness
                                2. Failures
                                  1. made Russia dependent on foreign loans
                                    1. gave priority to heavy industry so neglected other industry/ agriculture
                                      1. disliked/distrusted by tsar, dismissed in 1906

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