Vladimir Polevanov


Vladimir Pavlovich Polevanov is a former Russian politician who served as a Deputy Chairman of Government of the Russian Federation during the administration of President Boris Yeltsin. He was also chairman of the State Property Committee and governor of the Amur Oblast.

In government

Originally he had been the governor of the Amur Oblast who had supported Yeltsin during the 1993 Russian constitutional crisis. The fall of the Russian ruble against the dollar in October 1994 brought about a shakeup in Yeltsin's economic team. Polevanov was recommended by Anatoly Chubais, although he was originally a geologist by profession. He was appointed Deputy Prime Minister of Russia and chairman of the State Property Committee on 15 November 1994. Polevanov was removed from those positions on 24 January 1995 after advocating for the re-nationalization of certain sectors after their "improper privatization," including energy and defense; objecting to the influence of foreign investment; and barring Western advisors from the Committee, to protect national secrets. In effect, Polevanov was criticized for being against privatizing key sectors of the economy, which he believed was threat to national security–something that damaged the confidence of foreign investors. This cooled his relations with Chubais, who later engineered his removal from the post.

Books