Back Mass Privatization Put Former Communist Countries on Road to Bankruptcy, Corruption Daniel Fowler April 11th 2012 American Sociological Association
Bulgarian CP HQ, left to decay Bulgarian Communist Party HQ, decaying and defaced
A new analysis showing how policies advocated by western economists helped to bankrupt Russia and other former Soviet countries after the Cold War has been released by researchers. Authored by sociologists at the University of Cambridge and Harvard University, the study, which appears in the April issue of the American Sociological Review, is the first to trace a direct link between the mass privatization programs adopted by several former Soviet states, and the economic failure and corruption that followed.
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