Shock therapy (economics)
id:
shock-therapy-economics-188-6529505
title:
Shock therapy (economics)
text:
In economics, shock therapy is a group of policies intended to be implemented simultaneously in order to liberalize the economy, including liberalization of all prices, privatization, trade liberalization, and stabilization via tight monetary policies and fiscal policies. In the case of post-Communist states, it was implemented in order to transition from a command economy to a market economy.
brand slug:
wiki
category slug:
encyclopedia
description:
Sudden release of price and currency controls
original url:
https://en.wikipedia.org/wiki/Shock_therapy_(economics)
date created:
2003-11-04T16:44:58Z
date modified:
2024-09-08T22:54:06Z
main entity:
{"identifier":"Q1648240","url":"https://www.wikidata.org/entity/Q1648240"}
image:
fields total:
13
integrity:
15