Also have students read:

• Up for Debate: Shock Therapy: Bolivia, Poland Russia. Same Policies -- Different Results
• Interview: Gonzalo Sanchez de Lozada: The Experience of Hyperinflation (block 4)

Ask students to pay special attention to the causes and proposed solutions to crises in Bolivia, Poland and Russia.

Alert students to the existence of the Chapter Transcripts, the Country Reports for all three countries that are available on the site, and to the site Search engine as additional resources they can use to complete the unit.

Search the resources of Commanding Heights Online and identify the dominant economic policy in force in Bolivia and in Poland prior to reform. Note also the year that reforms were undertaken, and determine the inflation rate at the onset of the crisis.

Use the table below to organize your findings.

1. Based on information available on the site, what were the main economic problems common to Bolivia and Poland as they approached their respective crises?



2. What were the key components of "shock therapy" as applied in Bolivia and Poland, and what were reforms designed to acheive?