The Struggle to Save the Soviet Economy Quotes
The Struggle to Save the Soviet Economy: Mikhail Gorbachev and the Collapse of the USSR
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The Struggle to Save the Soviet Economy Quotes
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“In China there was no agricultural lobby that opposed decollectivization; instead, Chinese peasants actively fought for control over their farms.17 Chinese industries, like those in any country, pushed for subsidies and government support, but manufacturing played a smaller role in China’s economy and politics than in the Soviet Union, so industries were unable to undermine change.”
― The Struggle to Save the Soviet Economy: Mikhail Gorbachev and the Collapse of the USSR
― The Struggle to Save the Soviet Economy: Mikhail Gorbachev and the Collapse of the USSR
“Russia today has over a hundred monogorods, cities in which many workers are employed by a single, often practically bankrupt firm left over from the period of shock industrialization in the 1930s and 1940s.”
― The Struggle to Save the Soviet Economy: Mikhail Gorbachev and the Collapse of the USSR
― The Struggle to Save the Soviet Economy: Mikhail Gorbachev and the Collapse of the USSR
“Yet the gap between revenues and expenditures had to be filled, even if by printing rubles. If the budget could not be balanced immediately, the only other solution was to tolerate deficits today with the hope that a pick-up in growth would reduce the relative cost of the deficit in the medium term. Gorbachev thus embraced a strategy of market reform without a balanced budget. He hoped this would spark higher growth.”
― The Struggle to Save the Soviet Economy: Mikhail Gorbachev and the Collapse of the USSR
― The Struggle to Save the Soviet Economy: Mikhail Gorbachev and the Collapse of the USSR
