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• 19:17, 14 January 2024 Ai talk contribs created page Shock therapy (economics) (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|...")