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Word: perestroika (lookup in dictionary) (lookup stats)
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Whether genuine or idle, the chatter made plain that Gorbachev's power is neither monolithic nor unfettered. At the heart of his woes is the apparent failure of his perestroika campaign to jump-start the Soviet economy. A report put out by the Council of Ministers last week showed that, while the Soviet economy grew by 4.4% last year, farms and factories failed to produce enough quality goods to satisfy consumer demand. With wages now growing faster than productivity, inflation threatens. Other figures indicated that exports fell by 2% in 1988, while imports (much of it food) rose...

Author: /time Magazine | Title: Soviet Union The Shaky Fortunes of Gorby Inc. | 1/30/1989 | See Source »

...many of them not long ago were confidently describing Gorbachev as the man who would lead the Soviet Union into the 21st century. Still, the analysts agree on at least one point: no credible contender has yet emerged to fill Gorbachev's shoes. Even most Soviets concede that perestroika, bitter as it may be, is the last hope for economic recovery...

Author: /time Magazine | Title: Soviet Union The Shaky Fortunes of Gorby Inc. | 1/30/1989 | See Source »

...planners of perestroika are baffled," says Marshall Shulman, professor emeritus of Russian studies at Columbia University. "They don't know how to proceed because they found the economic situation far worse than their worst expectations. They are searching for new ways, but without luck so far." Price reform, perhaps the key element in perestroika's ultimate success, has been postponed until at least...

Author: /time Magazine | Title: Soviet Union Why the Bear's Cupboards Are Bare | 1/16/1989 | See Source »

Most Kremlin watchers in the U.S. believe that Gorbachev is still backed by the Soviet military and security establishments, whose officials realize that perestroika is vital to maintaining their own long-term primacy. But Gorbachev cannot expect to hold on indefinitely without delivering some tangible results from the policy on which he so boldly staked his political future...

Author: /time Magazine | Title: Soviet Union Why the Bear's Cupboards Are Bare | 1/16/1989 | See Source »

Ending a somber national vigil, the ruler of the Chrysanthemum Throne succumbs to cancer at 87. His son and successor, Crown Prince Akihito, remains a mystery to his countrymen and a cipher abroad. -- Despite Gorbachev' s promise that consumer goods will proliferate under perestroika, the opposite proves true. -- A day in the life of a Soviet shopper...

Author: /time Magazine | Title: Time Magazine Contents Page Vol. 133 No. 3 JANUARY 16, 1989 | 1/16/1989 | See Source »

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