The Unfinished Time: Russia in the 90s Backdrop Blur

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The Unfinished Time: Russia in the 90s S01 E04 Part IV: Shock Therapy

Overview

To avoid economic catastrophe and famine, immediate reforms are needed. Boris Yeltsin creates a government of young reformers headed by Yegor Gaidar. These measures would later be called "shock therapy": free prices, trade liberalization, privatization.