Political Science · Shock Therapy in Post-Soviet States
Which of the following best describes the term 'Shock Therapy' in the context of post-communist state transitions?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A package of structural economic reforms launched by Mikhail Gorbachev in 1985
- 2A diplomatic initiative introduced by Western powers to integrate Eastern Europe into NATO
- 3A rapid economic model of transition from state socialist control to free-market capitalism supported by the IMF and World Bank✓
- 4A military operation to crush secessionist insurgencies in former Soviet republics
Correct answer
A rapid economic model of transition from state socialist control to free-market capitalism supported by the IMF and World Bank
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