Yegor Gaidar, who oversaw Russia's painful economic transition from communism to the free market in the 1990s, died Wednesday, an aide said. He was 53.
Gaidar died unexpectedly of a blood clot at his Moscow-area home while he was working on a book early in the morning, his aide Valery Natarov told The Associated Press.
A public memorial service was scheduled for Saturday at a funeral hall in a Moscow clinic, Natarov said.
No other details were immediately available.
Gaidar served under Boris Yeltsin in the early 1990s and was acting prime minister for six months in 1992.
He oversaw the so-called shock therapy reforms, subjecting the heavily centralized economy to an overnight liberalization of prices that were formerly set by the state. Inflation soared, wiping out the savings of ordinary Russians.
Gaidar, a graduate of the economics department of Moscow State University, was among a group of young liberals in the 1990s who have been cast as the architects of that decade's economic and political chaos by Russia's current leadership .
Wednesday, December 16, 2009
Gaidar, acting Russian PM under Yeltsin, dies
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