On March 11, 1985, Mikhail Gorbachev, a new generation leader, became General Secretary of the Communist Party of the Soviet Union. Since his elevation to power, his ideas for social reform and foreign policy initiatives have received widespread attention from western media. While the West applauds his new social ideas, Gorbachev is also working to implement strategic economic changes to bring the U.S.S.R. closer to the economic levels of the West, of the United States in particular. The struggling economy of the Soviet Union has dampened the communist spirit and raised doubts about the ability of communism to compete with capitalistic systems. Gorbachev's goal is to remain fundamentally Marxist while achieving the economic efficiency and competitiveness of the United States. Interaction between the Soviets and the West is vital for his reforms to work. This article examines some of the implications of these internal reforms on relations between the two superpowers and, thus, their impact on the U.S. economy.
© 1989 by the Board of Student Publications, University of Northern Iowa
Rolighed, Ronald A.
"Gorbachev's Reforms and the United States Economy,"
Draftings In: Vol. 4:
2, Article 3.
Available at: https://scholarworks.uni.edu/draftings/vol4/iss2/3