Economic Policy on Edge
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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.
http://www.thecuttingedgenews.com/index.php?article=72850&pageid&pagename
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