What is the meaning of post communist?

Post-communism is the period of political and economic transformation or “transition” in former communist states located in Eastern Europe and parts of Africa and Asia in which new governments aimed to create free market-oriented capitalist economies.

What kind of relations does India have with post communist countries?

Indo-Russian relations are initiated in the history of trust and common interests and the same are matched by great perceptions. 2. Russia and India always share a vision of polarised world order.

What is shock therapy in post communist regimes?

Answer: DEFINITION of ‘Shock Therapy’ A sudden and dramatic change in national economic policy that turns a state-controlled economy into a free-market one. Characteristics of shock therapy include the ending of price controls, the privatization of publicly-owned entities and trade liberalization.

What are the post communist states?

Post-Soviet states

  • Armenia.
  • Azerbaijan.
  • Belarus.
  • Estonia.
  • Georgia.
  • Kazakhstan.
  • Kyrgyzstan.
  • Latvia.

What was a Soviet system?

The Soviet Union, officially the Union of Soviet Socialist Republics (USSR), was a socialist state that spanned Europe and Asia during its existence from 1922 to 1991. It was nominally a federal union of multiple national republics; in practice its government and economy were highly centralized until its final years.

How can India get benefited by the Russian friendship?

Results : (i) As a result of Indo-Russian relations, India benefited on issues like Kashmir, energy supplies, and other matters. (ii) Russia is able to sell its military hardware to India. It has come to India’s assistance during oil crises. (iv) India has got cryogenic rocket from Russia.

What does ECT do for depression?

How Electroconvulsive Therapy Works. With ECT, an electrical stimulation is delivered to the brain and causes a seizure. For reasons that doctors don’t completely understand, this seizure helps relieve the symptoms of depression. ECT does not cause any structural damage to the brain.

What were the positive consequences of shock therapy?

Consequences of the Shock Therapy This came to be known as “the largest garage sale in history”. The value of the Russian currency, ruble declined considerably. People lost all their savings because of high rate of inflation. The collective farms disintegrated leaving people without any food security.

Which is the best definition of the term postcommunist?

Definition of postcommunist. : existing or occurring after the decline or end of communism postcommunist reformation … what’s at stake here is the establishment of a new form of governance that’s been spreading across postcommunist Central and Eastern Europe …— Dalibor Rohac.

Which is the best postmunist country in Europe?

— James Taranto, WSJ, 17 Aug. 2018 Conditions are better elsewhere, but the gap between prosperous European countries like Germany and postcommunist states like Poland remains immense. — Walter Russell Mead, WSJ, 23 July 2018

What was the result of the post communism period?

Post-communism is the period of political and economic transformation or ” transition ” in former communist states located in parts of Europe and Asia in which new governments aimed to create free market -oriented capitalist economies.