Difference between revisions of "WikipediaExtracts:Shock therapy (economics)"
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Latest revision as of 22:14, 22 February 2022
Extracted from Wikipedia --
<section data-mw-section-id="0" id="mwAQ"><link rel="mw:PageProp/Category" href="./Category:Articles_with_short_description"/><link rel="mw:PageProp/Category" href="./Category:Short_description_matches_Wikidata"/><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1184024115" about="#mwt6" typeof="mw:Extension/templatestyles" data-mw='{"name":"templatestyles","attrs":{"src":"Div col/styles.css"}}'/><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1184024115" about="#mwt7" typeof="mw:Extension/templatestyles" data-mw='{"name":"templatestyles","attrs":{"src":"Div col/styles.css"}}'/><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1374427404" about="#mwt8" typeof="mw:Extension/templatestyles" data-mw='{"name":"templatestyles","attrs":{"src":"Hlist/styles.css"},"body":{"extsrc":""}}'/><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1184024115" about="#mwt10" typeof="mw:Extension/templatestyles" data-mw='{"name":"templatestyles","attrs":{"src":"Div col/styles.css"}}'/><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1374427404" about="#mwt11" typeof="mw:Extension/templatestyles" data-mw='{"name":"templatestyles","attrs":{"src":"Hlist/styles.css"},"body":{"extsrc":""}}'/><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1374427404" about="#mwt17" typeof="mw:Extension/templatestyles" data-mw='{"name":"templatestyles","attrs":{"src":"Hlist/styles.css"},"body":{"extsrc":""}}'/><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1378777972" about="#mwt19" typeof="mw:Extension/templatestyles" data-mw='{"name":"templatestyles","attrs":{"src":"Module:Sidebar/styles.css"},"body":{"extsrc":""}}'/>
In economics, shock therapy is a group of policies intended to be implemented simultaneously in order to liberalize an 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 planned economy to a market economy.
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