Word: gorbachev
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MOSCOW--A compromise plan to create a market economy in the Soviet Union began to break down Monday as President Mikhail S. Gorbachev hesitated on a key issue: the decollectivization of farming...
...Gorbachev told the Supreme Soviet parliament that a national referendum should be held to decide whether to allow private ownership of land...
...referendum would be the first in the Soviet Union. Gorbachev did not say when it would be held, who would be allowed to vote, or where he personally stood on the issue...
...debate in the legislature turned tumultuous as delegates and economists rose to attack parts of all three economic reform proposals presented in the past week. The compromise supported by Gorbachev was criticized by supporters of both the other plans, and the chances of a broad consensus appeared...
...Gorbachev on Friday presented the compromise plan, written by Shatalin and another leading Soviet economist, Abel Aganbegyan. It contains many elements of Shatalin's radical 500-day plan but would move at a slower pace and not disturb the central government's power to levy taxes...