Russia was in a very different situation of one-party rule collapsing into gangsterism. The earliest usage of the term "shock therapy" was actually in South American countries with hyperinflation, and it worked out there.
Russia was in a very different situation of one-party rule collapsing into gangsterism. The earliest usage of the term "shock therapy" was actually in South American countries with hyperinflation, and it worked out there.
Russia was in a very different situation of one-party rule collapsing into gangsterism. The earliest usage of the term "shock therapy" was actually in South American countries with hyperinflation, and it worked out there.
So can the government regulate the privatization it seeks? What occurred in Russia was greed and seems perfectly capable of happening elsewhere.
The regulation you need are rule of law including (but not limited to) respect for property an contracts. The Russian state tried to develop that.
Argentina might.