Scenarios about 'shock therapy'
The rapid transition from a state-controlled economy to a free-market system through immediate liberalization, privatization, and stabilization policies. This radical economic approach was notably implemented in post-communist countries during the 1990s, particularly in Russia and Eastern Europe, often resulting in significant social disruption and economic hardship. Alternate history scenarios frequently explore how different implementations or timings of shock therapy might have altered the development of transitioning economies.
What If Bishkek Implemented Different Post-Soviet Reforms?
Exploring the alternate timeline where Kyrgyzstan's capital adopted a more gradual, China-inspired economic transition rather than shock therapy following the collapse of the Soviet Union.
What If Sofia Developed Different Post-Communist Economic Policies?
Exploring the alternate timeline where Bulgaria's capital pursued a more gradual, socially-oriented transition from communism, potentially creating a different model of post-Soviet economic development in Eastern Europe.
What If The Soviet Union Transitioned to Capitalism Successfully?
Exploring the alternate timeline where the Soviet Union managed a stable, prosperous transition to market economy in the 1990s, fundamentally reshaping global geopolitics and the post-Cold War order.