What helped reduce sharp inflation in Russia after the end of the Soviet Union?
They implemented new taxes and improved tax collection that
helped raise revenues. They also
restricted the growth of their money supply and made changes in the tax system
to encourage investors. Other reforms
that were introduced were the privatization of businesses giving people more
opportunities to engage in business activities.
The sharp inflation following the fall of the Soviet Union was thwarted in Russia through smart reforms which enabled the newly formed russian state to quickly change their economic model to one that is more profitable and isn't subject to such high inflation.