ECONOMIC POLICY OF SOUTH RUSSIA GOVERNMENT IN CRIMEA (1920)

Keywords: finance, inflation, the South Russia Government, trade

Abstract

The economic situation in Crimea under the South Russia Government headed by P. N. Wrangel is analysed and the main measures to manage the economy are described in the article. The actions of the Government to develop trade and energy, and preserve Crimean enterprises are analysed by the author. Particular attention is paid to the officials’ struggle against speculation, inflation and corruption.

The author concludes that the Government failed to overcome these negative phenomena. A powerful material foundation to ensure the evacuation of the Russian Army was established by the South Russia Government (SRG). The author concludes that Crimea lacked the resources (especially food products) to provide for the population. The main source of income for the SRG was trade in rye and other graincrops with Western European countries. The lack of resources increased after the evacuation of military and civilian personnel from Novorossiysk and Odessa following the retreat of the Volunteer Army. On the whole, the situation of evacuees was worse than that of the local population. There was introduced a food saving system.

Despite the considerable finance invested in the economy, mainly by two private companies (the "RussianFrench Society for the Exploitation of Southern Russia and Crimea" and the "Russian Financial and Industrial Union"), the government failed to stop the economic decline. Corruption also reduced revenues to the state treasury. Providing energy resources was an important part of the SRG work. All available fuel, oil and lubricants were taken into account. Construction of the Beshuy-Suren railway was carried out to serve Beshuysky coal mines. It was planned to restore oil production on the Kerchen peninsula. Measures designated by the government failed to prevent the defeat of the Russian Army, but allowed to prepare for evacuation from Crimea.

Author Biography

D. Polupanov, Харківський національний педагогічний університет ім. Г. С. Сковороди




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Published
2020-12-27
How to Cite
Polupanov, D. (2020). ECONOMIC POLICY OF SOUTH RUSSIA GOVERNMENT IN CRIMEA (1920). Zaporizhzhia Historical Review, 2(54). Retrieved from https://istznu.org/index.php/journal/article/view/908