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More to do with Dutch Disease than socialism. https://en.wikipedia.org/wiki/Resource_curse#Dutch_disease https://en.wikipedia.org/wiki/Resource_curse#Dutch_dise
by gleglegle 9y ago
More to do with Dutch Disease than socialism. https://en.wikipedia.org/wiki/Resource_curse#Dutch_disease https://en.wikipedia.org/wiki/Resource_curse#Dutch_disease
- cptaj 9y agoNot the case here. Industry was simply destroyed by expropiations and price controls. Add forex ban to that and we get our current lovely situation.