The History of Regime Change in Ukraine and the IMF’s Bitter Economic Medicine
We must understand the history of the U.S.-sponsored February 2014 Coup d’Etat which paved the wave for the adoption of IMF-World Bank shock treatment, namely the imposition of devastating macro-economic reforms coupled with conditionalities. This process –imposed by the Washington Consensus– was applied in developing countries since the 1980s, and in Eastern Europe and in the countries of the Soviet Union starting in the early 1990s.
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