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Reagan and Gorbachev: Gorbachev and Economic Reform

Marshall I. Goldman
Fall 1985
Summary: 

Soviet citizens were probably relieved at the selection of Mikhail Gorbachev as general secretary of the Communist Party of the Soviet Union, for he stands in sharp contrast to his aging and ailing predecessors. At 54, he is young enough to be their son. More important, the mortality odds are that he will be around for a decade or more to implement those programs he wants. The likelihood of such continuity is in itself an important change. Also impressive are the speed and the purposefulness with which he has assumed control and addressed himself to the country's problems. This is clearly a man in a hurry who realizes he has to deal with some significant dilemmas, particularly in the economic sphere.

Marshall I. Goldman is The Class of 1919 Professor of Economics at Wellesley College and Associate Director of the Russian Research Center at Harvard University. He is the author of U.S.S.R. in Crisis: The Failure of An Economic System. Copyright © 1985 by Marshall I. Goldman.

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