Egor Gajdar

Yegor Timurovich Gaidar (Russian: Егор Тимурович Гайдар, IPA: [jɪˈɡor tʲɪˈmurəvʲɪtɕ ɡɐjˈdar]; 19 March 1956 – 16 December 2009) was a Soviet and Russian economist, politician, and author who was the acting Prime Minister of Russia in 1992 and simultaneously held several other cabinet roles. Gaidar was also in the State Duma from 1993 to 1996 and from 1999 to 2003 as a member of Democratic Choice of Russia and the Union of Right Forces.

Gaidar was the son of a Soviet naval officer and graduated from Moscow State University. He worked in economic research institutes before joining a commission that advised Soviet President Mikhail Gorbachev in the 1980s. Following the dissolution of the Soviet Union, Gaidar was the chief architect of Russia's controversial shock therapy reforms, which brought him both praise and harsh criticism. He entered the cabinet led by President Boris Yeltsin as Minister of Finance, Minister of Economy, and Deputy Prime Minister for Economic Policy, serving from 1991 to 1992. He was also the First Deputy Prime Minister of Russia in 1992, with Yeltsin and later himself as acting prime minister, and again from 1993 to 1994, in Viktor Chernomyrdin's cabinet, where he was also the acting Minister of Economy. Gaidar became widely unpopular for his reforms to transition Russia to a market economy, during which the country experienced hyperinflation and mass impoverishment, and the parliament pressured Yeltsin to remove him. He left the government in early 1994, when the administration decided to take a more gradual approach to economic reform.