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Economic Malaise Slows Reform: A Review of Current Conditions in the Soviet Union

Published online by Cambridge University Press:  08 February 2017

Karl D. Skold
Karl D. Skold*
Affiliation:
Quaker Oats Company, Chicago, Illinois
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Extract

In January of 1990, Moscovites were introduced to “Big Maks” and “Kartofel fries” with the opening of a new McDonald's franchise in the heart of Moscow. A short time later, article six of the Soviet constitution was amended to remove the Communist Party's legal monopoly on power. By the end of 1990, McDonald's had surpassed the Lenin Mausoleum as the prime attraction in Moscow. The line for “Big Maks” is now longer than the line for viewing the preserved founder of the Soviet communist state. Between these events a cavalcade of economic and political events occurred. The pace of new announcements and decrees quickened during the last half of 1990 as the economy began to crumble.

Type
Invited Papers and Discussions
Information
Journal of Agricultural and Applied Economics , Volume 23 , Issue 1 , July 1991 , pp. 97 - 104
Copyright
Copyright © Southern Agricultural Economics Association 1991

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