What do you mean by 'shock …
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Posted by Sujata Singh 4 years, 11 months ago
- 2 answers
Gaurav Seth 4 years, 11 months ago
Answer: Shock Therapy was a painful process of transition from an authoritarian socialist system to a democratic capitalist system. This transformation system was influenced by the world bank and the IMF in Russia, Central Asia and East Europe. Though it varies in intensity and speed amongst the former second world countries but its direction and features were quite similar.
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Shradha Shukla 4 years, 11 months ago
0Thank You