27th Communist Party Congress (7h 8min, feb 25, 1986 y – 3h 37min, aug 9, 1986 y)
Description:
Perestroika
Glasnost "openness"
"Without an acceleration of the country's economic and social development, it will be impossible to maintain our positions on the international scene". - Gorbachev
Tackle:
Alcoholism - lost productivity
Lack of FDI - business growth was slow
State controlled businesses - centrialised planning led to little recognition of consumer demand
Inflation + worker discontent - workers wages rarely stayed in line with inflation led to strikes and poor productivity
Added to timeline:
Date:
7h 8min, feb 25, 1986 y
3h 37min, aug 9, 1986 y
~ 5 months and 15 days