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Mikhail Gorbachev's concept of perestroika involved restructuring the Soviet economy with market-like reforms and promoting openness in the government through policies like glasnost.
Perestroika was a key concept introduced by Mikhail Gorbachev during the end of the Cold War, aimed at restructuring the Soviet economy with market-like reforms. This involved decentralizing economic decision-making and incorporating market elements. Furthermore, Gorbachev's policies of glasnost encouraged openness and transparency in the government's activities, allowing greater public debate and criticism.
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