Word: aganbegyan
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...radical reform. Before the plenum, some Western analysts suspected that perestroika was largely a rhetorical exercise backed by a set of diluted half- measures. But Gorbachev's latest proposals, along with recent declarations by some of his key economic advisers, point to more far-reaching structural changes. Economist Abel Aganbegyan, for example, has advocated letting prices rise to market levels. At present, government subsidies on such items as food, clothing and shelter run to $114 billion a year, straining the government budget and encouraging shortages and inefficiency. Aganbegyan has also raised the possibility of closing "thousands" of unprofitable enterprises...