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USSR / Economy #130917

ABC Evening News for Monday, Sep 24, 1990
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(Studio: Peter Jennings) Soviet parliament reported giving President Mikhail Gorbachev a free hand to deal with the economic system.

(Moscow: Barrie Dunsmore) Replacement of Soviet socialist system by radical economic plan examined; details given of plan for private ownership and weakening of central government. [Economist Nicholae PETRAKOV - (thru translator) says we want an efficient economy to replace Stalinist socialism.] [GUM department store director Svetlana SHIVEKOVA - (thru translator) hopes new plan will solve problem of consumer goods.] [Store CLERK - (thru translator) talks about shareholding plan.] Future of Soviet bureaucrats examined. [PETRAKOV - (thru translator) comments on bureaucrats.] [American analyst Columbia University Marshall SHULMAN - comments on short-term chaos.]

(Studio: Peter Jennings) Finance minister of Russian republic reported urging central government to join the International Monetary Fund.

Reporter(s):
Dunsmore, Barrie;
Jennings, Peter
Duration:
00:05:00

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