From 1991, economic reform and conflict with the legislature marked administration of Boris Nikolayevich Yeltsin, Russian politician, president of the republic, until his resignation in 1999.
Boris Nikolayevich Yeltsin first served.
Yeltsin came with a wave of high expectations to power. On 12 June 1991, a popular 57% of the vote first elected him. After a series of crises in the 1990s, Yeltsin never recovered his popularity. Widespread corruption, collapse, and enormous social problems characterized the era of Yeltsin. An approval rating of Yeltsin reached two percent before the time, when he left office.
Following the dissolution of the Union of Soviet Socialist Republics in December 1991, Yeltsin endorsed a program of price liberalization and privatization and vowed to transform socialist command into a free market. A result ably enriched a handful of persons and meanwhile arguably stamped out competitors.
In August 1991, Yeltsin won international plaudits for casting as a democrat and defying the coup attempt of the members of Soviet government opposed to perestroika. He as a widely unpopular, ineffectual, and ailing autocrat left office. He acted as his own prime minister until June 1992 or appointed men of his choice, regardless of parliament. Confrontations of Yeltsin with parliament climaxed in the constitutional crisis of October 1993, when people called up tanks to shell the white house and thus blasted out his opponents. Later in 1993, Yeltsin imposed a new constitution with strong powers, which referendum approved in December.
Yeltsin made a surprise announcement and left the hands of Vladimir Putin, just hours before the first day of 2000.