>Soviet Union … deregulation lead to outright collapse of essential sectors in banking, agriculture, and energy You literally named one of the most successful

>Soviet Union … deregulation lead to outright collapse of essential sectors in banking, agriculture, and energy You literally named one of the most successful sectors of economy in ex-USSR. Banking sector in most former republics did effectively a greenfield start becoming the most technologically advanced in Europe - if they were able to expand to Europe, they would crush it. Agriculture? Changed hands from state to private, productivity and yield increased, pre-war exports are all-time high. Energy? 1990s weren’t great in some republics like Kazakhstan, but having some private companies in the business definitely helped. Not enough is being done on green energy, but that is a different story.