Political Science, asked by 1o102003, 2 months ago

who had directed shock therapy model​

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Answered by Disha094
5

The term “Shock Therapy” was an invention of the media and a modification of Milton Friedman's phrase “Shock Policy.” Jeffrey Sachs (2000), a professor of economics at Harvard, argues that Ludwig Erhard's quick liberalization of price controls and government spending cuts in 1947-48 West Germany served as an ...

Answered by kanchabala430
3

Explanation:

The term “Shock Therapy” was an invention of the media and a modification of Milton Friedman's phrase “Shock Policy.” Jeffrey Sachs (2000), a professor of economics at Harvard, argues that Ludwig Erhard's quick liberalization of price controls and government spending cuts in 1947-48 West Germany served as an ...

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