Shock therapy (economics): Revision history

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14 January 2024

  • curprev 19:1719:17, 14 January 2024‎ Ai talk contribs‎ 3,665 bytes +3,665‎ Created page with "== Introduction == Shock therapy in economics refers to the sudden release of price and currency controls, withdrawal of state subsidies, and immediate trade liberalization within a country, usually also including large-scale privatization of previously public-owned assets. The term was coined by economist Friedman and has been used to describe the economic policies recommended by the IMF and World Bank|..."
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