The second episode investigates the failure of government-controlled economies in the 1980s and how new leaders embraced the idea of "shock therapy" - a rapid conversion to free-market capitalism. The episode focuses on how Russia, the eastern bloc, Latin America, and other areas coped with reform and lived through the upheavals of rapid change - coping with both the new freedoms and new dangers of privitization, deregulation, and the shock of freewheeling competition.
"The agony of reform explores the failure of government-controlled economies in the 1980s and how new leaders embraced the ideas of reform and "shock therapy"- a rapid conversion to free-market capitalism. The program focuses on how reform played out in Russia, the eastern bloc, Latin America, India and other countries as they lived through the upheavals of rapid change, coping with both the new freedoms and the new issues of privatization, deregulation, and the shock of free-wheeling competition."
"The second episode investigates the failure of government-controlled economies in the 1980s and how new leaders embraced the idea of "shock therapy" - a rapid conversion to free-market capitalism. The episode focuses on how Russia, the eastern bloc, Latin America, and other areas coped with reform and lived through the upheavals of rapid change - coping with both the new freedoms and new dangers of privitization, deregulation, and the shock of freewheeling competition."@en
"The agony of reform explores the failure of government- controlled economies in the 1980s and how new leaders embraced the ideas of reform and "shock therapy"--A rapid conversion to free-market capitalism. The program focuses on how reform played out in Russia, the eastern bloc, Latin America, India and other countries as they lived through the upheavals of rapid change, coping with both the new freedoms and the new issues of privatization, deregulation, and the shock of free-wheeling competition."@en
"This program tells the story of how economies failed and how new leaders embraced the idea of a rapid conversion to free market capitalism - It focases in detail on how reform played out in Russia, Poland, India, Bolivia and Chile.; VCE Economics - VID 2440."@en
"This series explores our changing economic world: the clash between governments and the marketplace, the debate over the impact of globalization, and the forces shaping our future economy. Episode two considers the failure of government-controlled economies in the 1980s. The focus is on how reform played out in Russia, the eastern bloc, Latin America, India, and other countries during this tumultuous time."@en
"Explores the failure of government-controlled economies in the 1980s and how new leaders embraced a rapid conversion to free-market capitalism."
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