AIRLINK 144.20 Increased By ▲ 0.62 (0.43%)
BOP 10.15 Decreased By ▼ -0.06 (-0.59%)
CNERGY 7.08 Decreased By ▼ -0.04 (-0.56%)
CPHL 82.56 Decreased By ▼ -0.17 (-0.21%)
FCCL 44.70 Decreased By ▼ -0.41 (-0.91%)
FFL 15.07 Decreased By ▼ -0.36 (-2.33%)
FLYNG 53.50 Decreased By ▼ -0.51 (-0.94%)
HUBC 134.40 Increased By ▲ 0.45 (0.34%)
HUMNL 11.13 Increased By ▲ 0.07 (0.63%)
KEL 5.09 Decreased By ▼ -0.13 (-2.49%)
KOSM 5.62 Decreased By ▼ -0.08 (-1.4%)
MLCF 79.25 Decreased By ▼ -2.51 (-3.07%)
OGDC 210.25 Decreased By ▼ -0.92 (-0.44%)
PACE 5.76 Decreased By ▼ -0.24 (-4%)
PAEL 39.38 Decreased By ▼ -1.11 (-2.74%)
PIAHCLA 21.55 Decreased By ▼ -0.96 (-4.26%)
PIBTL 8.15 Decreased By ▼ -0.08 (-0.97%)
POWER 13.52 Decreased By ▼ -0.14 (-1.02%)
PPL 163.65 Increased By ▲ 0.21 (0.13%)
PRL 31.43 Increased By ▲ 0.36 (1.16%)
PTC 23.80 Increased By ▲ 0.24 (1.02%)
SEARL 84.99 Decreased By ▼ -1.27 (-1.47%)
SSGC 43.25 Decreased By ▼ -0.99 (-2.24%)
SYM 14.70 Increased By ▲ 0.06 (0.41%)
TELE 7.52 Decreased By ▼ -0.14 (-1.83%)
TPLP 9.38 Decreased By ▼ -0.31 (-3.2%)
TRG 61.70 Decreased By ▼ -1.63 (-2.57%)
WAVESAPP 9.16 Increased By ▲ 0.02 (0.22%)
WTL 1.46 Decreased By ▼ -0.04 (-2.67%)
YOUW 4.45 Increased By ▲ 0.33 (8.01%)
BR100 12,940 Decreased By -37.7 (-0.29%)
BR30 36,995 Decreased By -260.8 (-0.7%)
KSE100 120,077 Decreased By -388.9 (-0.32%)
KSE30 36,449 Decreased By -56.7 (-0.16%)

EDITORIAL: Mikhail Gorbachev, the man who was loved abroad and loathed at home and is held responsible by President Vladimir Putin for the “greatest geopolitical catastrophe [the breakup of the Soviet Union]”, is dead. He was 91.

Gorbachev, who was lovingly called “Gorby” in the West, shattered the deadly silence that had pervaded the Soviet Union since its birth in 1922. In 1917, Russia had witnessed two distinct revolutions: the formation of the Provisional Government (the February Revolution) following the overthrow of the Czarist regime, and the October Revolution in which the Bolsheviks under Vladimir Lenin overthrew the Provisional Government.

Gorbachev introduced glasnost (openness) and perestroika (restructuring) to the Soviet system with a view to reforming it. He established much warmer relations with the West, ended the Soviet occupation of Afghanistan and announced that the Warsaw Pact countries were free to pursue their own political agendas. That brought the decades long much-feared Cold War to an end. In 1990, Gorbachev was awarded the Nobel Peace Prize for his contributions to the efforts aimed at ending the 45-year conflict between the East and West.

Gorbachev resigned on December 25, 1991 and Boris Yeltsin, who had been the driving force behind the breakup of the Soviet Union, became President of the newly-established Russian Federation. Mikhail Gorbachev had the streak of a miracle-maker.

He didn’t last long as the Soviet top leader, but what he did during his short tenure is simply unimaginable. He forged arms reduction deals with the United States and partnerships with almost all Western powers to successfully remove the Iron Curtain.

However, many Russians never forgave Gorbachev for the turbulence his reforms triggered — a process that ultimately led to the disintegration of the Soviet Union. But today’s Russia, the successor state of the Soviet Union, is certainly different from Aleksandr Solzhenitsyn’s The Gulag Archipelago? Be that is it may, Gorbachev will always be remembered for fathering glasnost and perestroika through which he sought to make the Soviet Union more democratic and inject some features of capitalism into the Soviet economy.

Copyright Business Recorder, 2022

Comments

Comments are closed.

OSZAR »