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Perestroika
(redirected from Peristroika)

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Perestroika
A series of political and economic reforms in the Soviet Union in the late 1980s. Perestroika saw the introduction of multi-candidate elections for some offices and the separation of some government functions from the Communist Party. It also allowed state-owned companies to determine outputs based on consumer demand, at least within certain limits, and, for the first time in decades, permitted privately owned businesses in some sectors. Perestroika is thought to have contributed to the fall of the Soviet Union and its transition to a capitalist economy.


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What is extraordinary about this story is the way the author draws us into the colonel's tortured vision of the world, touching upon countless topics that haunt Americans, from the Ku Klux Klan to peristroika, from AIDS to poverty.
Peristroika at the Plant Level, Columbia Journal of Worm Business, Spring 1992.
Now that the East-West cold war confrontation appears to be thawing out in Europe, the battle is heating up among Continental bankers keen on cashing in on the promise of peristroika.
 
 
 
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