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What was the role played by …

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What was the role played by international economic institution like World Bank and IMF in the development process of disintegrated countries of Soviet Union??
  • 1 answers

Anibrata Paul 6 years, 8 months ago

International economic institutions like IMF and World bank have influenced the model of transition in disintegrated countries of Soviet Union from an authoritarian socialist system to a democratic capitalist system. This is also know as 'Shock Therapy'.
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