Shock Therapy

GPTKB entity

Statements (68)
Predicate Object
gptkbp:instance_of gptkb:government_agency
gptkbp:advocates_for Economists like Jeffrey Sachs
gptkbp:aims_to Stabilize economy quickly
gptkbp:associated_with Post-communist countries
gptkbp:can_be Inflation
Unemployment
gptkbp:can_lead_to Political instability
Long-term economic growth
Short-term economic pain
gptkbp:examines Case studies
Political analysts
gptkbp:historical_debate Economists
Economic literature
Academic circles
https://www.w3.org/2000/01/rdf-schema#label Shock Therapy
gptkbp:involves Deregulation
Privatization of state-owned enterprises
gptkbp:is_analyzed_in Sociologists
Economic historians
gptkbp:is_associated_with Market reforms
gptkbp:is_challenged_by Social movements
Grassroots organizations
Alternative economic theories
gptkbp:is_considered Radical approach
Controversial approach
gptkbp:is_considered_as Policy makers
gptkbp:is_criticized_for Social activists
Some economists
Increased inequality
Rapid changes
Lack of public consultation
Lack of social safety nets
High social costs
Negative social impact
Social costs
gptkbp:is_described_as Rapid transition to a market economy
gptkbp:is_discussed_in Media coverage
Political discourse
Economic forums
gptkbp:is_evaluated_by International organizations
Economic performance metrics
gptkbp:is_implemented_in Policy reforms
Various countries during transitions from socialism
gptkbp:is_influenced_by Global economic trends
gptkbp:is_linked_to Globalization
Financial crises
Economic liberalization
Neoliberal policies
gptkbp:is_often_compared_to Gradualism
gptkbp:is_part_of Economic reform strategies
Economic transition processes
gptkbp:is_reflected_in gptkb:Public_opinion
Economic indicators
Policy outcomes
Economic policies of the 1990s
gptkbp:is_related_to Structural adjustment programs
gptkbp:is_studied_in Development economics
gptkbp:is_supported_by Some political parties
Some business leaders
gptkbp:is_used_in Economic crises
gptkbp:notable_event Chile in the 1970s
Poland in the 1990s
Russia in the 1990s
gptkbp:requires Strong political will
Support from international financial institutions
gptkbp:theory gptkb:Neoliberalism
gptkbp:bfsParent gptkb:Yegor_Gaidar
gptkbp:bfsLayer 5