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

Karl D. Skold

Journal of Agricultural and Applied Economics, 1991, vol. 23, issue 1, 97-104

Abstract: 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.

Date: 1991
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