what was 'shock therapy'? What ware it's consequences
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After the disintegration of the Soviet Union, the model of economic transition in Russia, Central Asia and east Europe which was influenced by the WB and IMF came to be known as 'shock therapy. The shock therapy ruined the economies of Russia and east European countries.
Answered by
2
Answer:
After the disintegration of the Soviet Union, the model of economic transition in Russia, Central Asia and east Europe which was influenced by the WB and IMF came to be known as 'shock therapy. The shock therapy ruined the economies of Russia and east European countries.
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