What Is Shock Therapy Poland?
What Is Shock Therapy Poland? The Balcerowicz Plan (Polish: plan Balcerowicza), also termed “Shock Therapy”, was a method for rapidly transitioning from an economy based on state ownership and central planning, to a capitalist market economy. … Balcerowicz, the Polish minister and economist Leszek Balcerowicz, the plan was adopted in Poland in 1989. What did