() is the Russian term (now used in English) for the economic reforms introduced in June 1985 by the Soviet leader Mikhail Gorbachev. Its literal meaning is "restructuring", referring to the restructuring of the Soviet economy. The perestroika programme During the initial period (1985-1987) of Mikhail Gorbachev's time in power, he talked about modifying central planning, but didn't make any truly fundamental changes (uskoreniye, acceleration). Gorbachev and his team of economic advisers the… (More on Perestroika)