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Perestroika - enyclopaedia article

Perestroika

Summary: Perestroika (Перестро́йка), meaning "economic restructuring", was one of the policies introduced to the Soviet Union by Mikhail Gorbachev in 1985. Gorbachev realised the Soviet Union economy was failing and felt the communist system did not need to be replaced, but certainly needed to be reformed, and this would be done by the process of perestroika. A key part of perestroika was to reduce the amount of money being spe ...

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Perestroika

     From Wikipedia, the free encyclopedia.

Perestroika (Перестро́йка), meaning "economic restructuring", was one of the policies introduced to the Soviet Union by Mikhail Gorbachev in 1985. Gorbachev realised the Soviet Union economy was failing and felt the communist system did not need to be replaced, but certainly needed to be reformed, and this would be done by the process of perestroika. A key part of perestroika was to reduce the amount of money being spent on defense, and to do this Gorbachev felt the Soviet Union should:

In contrast to economic reforms in China, perestroika is widely regarded to have failed in its original goal of restructuring the Soviet economy. The reasons for its failure have been examined by many economists and historians, including Merle Goldberg. Among the reasons cited for perestroika's failure was the inability to promote new private or semi-private economic entities and the unwillingness of Gorbachev to reform Soviet agriculture. Unlike the Deng Xiaoping reforms in China, perestroika not only failed to bring immediate economic benefits to most people, but the dismantling of the planned economy created economic chaos which was a large factor in the collapse of the Soviet Union.

See also glasnost. Art of Perestroika

Further Reading

  • Perestroika: New Thinking for Our Country and the World, Mikhail Gorbachev, Perennial Library, Harper & Row, 1988, trade paperback, 297 pages, ISBN 0-06-091528-5

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This article is from Wikipedia. This article was up-to-date as of 8 May 2004 - See live article
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