I didn’t realise how bad shock therapy was for them until I read into it. The redistribution of wealth.
A quote “For the years 1987 and 1988, roughly 2% of Russia population lived in poverty (surviving on less than $4 a day), by 1993-1995, it was 50%”. That even if remotely accurate even with parameters for poverty changing is terrible
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I didn’t realise how bad shock therapy was for them until I read into it. The redistribution of wealth. A quote “For the years 1987 and 1988, roughly 2% of Russia population lived in poverty (surviving on less than $4 a day), by 1993-1995, it was 50%”. That even if remotely accurate even with parameters for poverty changing is terrible