Editing Russia (section)

==== Modern liberal constitution, international cooperation and economic stabilisation ====
In December, a [[1993 Russian constitutional referendum|referendum]] was held and approved, which introduced a new constitution, giving the president enormous powers.<ref>{{cite web |url=https://www.rferl.org/a/russia-players-1993-crisis/25125000.html |title=Who Was Who? The Key Players In Russia's Dramatic October 1993 Showdown |publisher=[[Radio Free Europe/Radio Liberty]] |date=2 October 2018 |access-date=28 May 2021 |archive-date=12 April 2022 |archive-url=https://web.archive.org/web/20220412235932/https://www.rferl.org/a/russia-players-1993-crisis/25125000.html |url-status=live }}</ref> The 1990s were plagued by armed conflicts in the [[North Caucasus]], both local ethnic skirmishes and separatist [[Islamist]] insurrections.<ref>{{cite journal |last=Wilhelmsen |first=Julie |year=2005 |title=Between a Rock and a Hard Place: The Islamisation of the Chechen Separatist Movement |journal=Europe-Asia Studies |volume=57 |number=1 |pages=35–37 |doi=10.1080/0966813052000314101 |jstor=30043851 |s2cid=153594637 |issn=0966-8136}}</ref> From the time [[Chechnya|Chechen]] separatists declared independence in the early 1990s, an [[First Chechen War|intermittent guerrilla war]] was fought between the rebel groups and Russian forces.<ref>{{cite news|url=https://www.washingtonpost.com/archive/politics/1995/12/12/chechen-war-reveals-weaknesses-in-yeltsin-russias-new-democracy/073047c5-d04e-41bd-a2bc-d5e8e192d919/|title=Chechen War Reveals Weakness in Yektsubm Russia's New Democracy |newspaper=[[The Washington Post]]|first=Lee|last=Hockstader|date=12 December 1995|access-date=6 June 2021}}</ref> [[Terrorism in Russia|Terrorist attacks against civilians]] were carried out by Chechen separatists, claiming the lives of thousands of Russian civilians.{{efn|Most notably the [[Budyonnovsk hospital hostage crisis]], the [[Russian apartment bombings]], the [[Moscow theater hostage crisis]], and the [[Beslan school siege]]}}<ref>{{cite journal |last=Sinai |first=Joshua |title=The Terrorist Threats Against Russia and its Counterterrorism Response Measures |journal=Connections |jstor=26326421 |volume=14 |number=4 |year=2015 |pages=95–102 |publisher=[[Partnership for Peace Consortium of Defense Academies and Security Studies Institutes]]|doi=10.11610/Connections.14.4.08 |doi-access=free }}</ref>

After the dissolution of the Soviet Union, Russia assumed responsibility for settling the latter's external debts.<ref>{{cite web |url=https://www.straitstimes.com/world/europe/26-years-on-russia-set-to-repay-all-soviet-unions-foreign-debt |title=26 years on, Russia set to repay all Soviet Union's foreign debt |work=[[The Straits Times]] |date=26 March 2017 |access-date=11 December 2021 |archive-date=8 April 2022 |archive-url=https://web.archive.org/web/20220408173420/https://www.straitstimes.com/world/europe/26-years-on-russia-set-to-repay-all-soviet-unions-foreign-debt |url-status=live }}</ref> In 1992, most consumer price controls were eliminated, causing extreme inflation and significantly devaluing the rouble.<ref>{{cite journal |last1=Lipton |first1=David |last2=Sachs |first2=Jeffrey D. |last3=Mau |first3=Vladimir |last4=Phelps |first4=Edmund S. |year=1992 |title=Prospects for Russia's Economic Reforms |journal=[[Brookings Papers on Economic Activity]] |volume=1992 |issue=2 |page=213 |doi=10.2307/2534584 |issn=0007-2303 |jstor=2534584 |url=https://www.brookings.edu/wp-content/uploads/1992/06/1992b_bpea_lipton_sachs_mau_phelps.pdf |access-date=24 September 2019 |archive-date=25 September 2020 |archive-url=https://web.archive.org/web/20200925170637/https://www.brookings.edu/wp-content/uploads/1992/06/1992b_bpea_lipton_sachs_mau_phelps.pdf |url-status=live }}</ref> High budget deficits coupled with increasing capital flight and inability to pay back debts, caused the [[1998 Russian financial crisis]], which resulted in a further GDP decline.<ref>{{cite journal |last1=Chiodo |first1=Abbigail J. |last2=Owyang |first2=Michael T. |url=https://files.stlouisfed.org/files/htdocs/publications/review/02/11/ChiodoOwyang.pdf |title=A Case Study of a Currency Crisis: The Russian Default of 1998 |pages=7–18 |publisher=[[Federal Reserve Bank of St. Louis]] |journal=[[Canadian Parliamentary Review]] |year=2002 |volume=86 |number=6 |access-date=11 December 2021 |archive-date=1 April 2022 |archive-url=https://web.archive.org/web/20220401061400/https://files.stlouisfed.org/files/htdocs/publications/review/02/11/ChiodoOwyang.pdf |url-status=live }}</ref>