The End of Bipolarity

P ost -C ommunist R egimes The collapse of communism was followed in most of these countries by a painful process of transition from an authoritarian socialist system to a democratic capitalist system. The model of transition in Russia, Central Asia and east Europe that was influenced by the World Bank and the IMF came to be known as ‘shock therapy’. Shock therapy varied in intensity and speed amongst the former second world countries, but its direction and features were quite similar. Locate the Central Asian Republics on the map. Source: Note: The boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations. I heard someone say “The end of the Soviet Union does not mean the end of socialism.” Is that possible? M ap of C entral , E astern E urope and the C ommonwealth of I ndependent S tates