Word: perestroikas
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Dates: during 1980-1989
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...this means that it is much more of a challenge to Western entrepreneurs to be there on the ground as participants in perestroika than to stand outside and sell things to the East. What advice should be given to the intrepid? Efforts must play to Eastern Europe's limited strengths. There is nothing necessarily wrong with the region's engineering and craft skills; it's the managerial savvy that is lacking. Joint ventures sound attractive, but their history provides many caveats. Licensing agreements may be the best bet, if they don't require the import of components that have...
...steps will be taken, if not at Malta then soon thereafter, was enhanced by developments in Washington. In recent weeks feuding between anti-Soviet hard-liners like Defense Secretary Dick Cheney and moderates led by Secretary of State James Baker, who favor a more active U.S. role in helping perestroika succeed, has been decisively resolved in the moderates' favor. Whether by conviction or coercion, Cheney has lately been cooing like a dove. By ordering the Pentagon to cut as much as $180 billion from its projected spending plans through 1995, Cheney indicated that Washington is ready to make deeper cuts...
...Wall's decline as a cold war symbol is only slightly awkward. His latest novel, The Russia House, fails, unsurprisingly, to anticipate the collapse of the East bloc, but it does deal credibly with the slipperiness of glasnost and the refusal of U.S. hard-liners to embrace perestroika. Deighton, on the other hand, is caught embarrassingly short. Spy Line, his new novel, puts him five books into a convoluted six- volume series that depends on East Germany's walled-in villainy to sustain its gray and sunless menace...
...perestroika has only aggravated food shortages and increased public discontent. Robert Ball on business prospects in Eastern Europe. The White House waffles on high-tech funding...
...Well, 50 kopecks is for the beer, and 50 kopecks is for perestroika...