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USSR / Economy #313073

CBS Evening News for Saturday, Oct 17, 1987
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(Studio: Bob Schieffer) USSR leader Mikhail Gorbachev's efforts to reform USSR economy featured. High-fashion modelling in Moscow, USSR as example of overhauling of economy shown. [Senator William PROXMIRE - questions success of econ. reforms in USSR .] Impact of USSR economy change on United States noted. [Harvard Univ. Marshall GOLDMAN - says these proposals are far-reaching.] Gorbachev's plans discussed, include incrd. role for field mgrs. in product and incr. emphasis on profitability in Soviet economy [GOLDMAN - says dilemma is that few in USSR willing to sacrifice in order to change economy system.] Gorbachev's meeting with European trade mins. to push for joint economy ventures reported Coming of Pizza Hut restaurant to Moscow noted. [PROXMIRE - says these changes will be economy, not political] [Duke Univ. Jerry HOUGH - notes coinciding of USSR and United States ints. and chance to enter economy wars with Japan.]

Reporter(s):
Schieffer, Bob
Duration:
00:03:10

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