Commanding Heights: The... Episodes

2002, TV Show

Episode Detail: The Agony of Reform - Commanding Heights: The Battle for the World Economy

Part 2 charts the introduction of market economies in Poland, Russia, Chile, Bolivia and India and the “agony of reform” that followed. The pain wasn't equally felt, nor were circumstances similar. In Chile, free markets preceeded political freedom, while India was democratic despite its planned economy. But---despite the initial price hikes and layoffs resulting from the conversions' “shock therapy”---free markets lifted all their economies. David Ogden Stiers narrates.

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Premiered: April 03, 2002, on PBS
Rating: TV-PG
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Premise: A three-part economic history of the 20th century, chronicling the intellectual and political battle over the primacy of government vs. market forces. Based on a book by Daniel Yergin and Joe Stanislaw.

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