Marian Spychalski1970
Price increases cause strikes & riots
Poland · Government / Government of Poland. Chronological records rendered directly from the World History Database.
Price increases cause strikes & riots
Food is rationed
Price controls are lifted & Government subsidies are eliminated. Currency made convertible with exchange set at black market rate
Price controls are lifted & Government subsidies are eliminated. Currency made convertible with exchange set at black market rate. Launches privatization reforms. Communists in the Sejim hold up privatization & western aid
Unemployment jumps from 7,000 at end of 1989 to 2 million in 1991. Inflation increases to 70%. 27m adults to receive vouchers equivalent to mutual funds, $9,000 each
10% decline in output and Russia shuts off gas supplies
Goal to privatize 7,000 enterprises by end of 1994
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