How not to reform economy: Russia's big bang revisited
AWANI
2025-08-21
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In the second episode of the three-part Woo Says series on economic transitions, Professor Emeritus Datuk Woo Wing Thye joins Melisa Idris to examine Russia’s rapid “big bang” reforms of the 1990s, which led to hyperinflation, mass poverty, and the rise of oligarchs, and to contrast Russia’s trajectory with Poland’s.
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