Foreign policy of the Ronald Reagan administration of the Soviet Union's total export earnings). To restructure the Soviet economy before it collapsed, Gorbachev announced an agenda of rapid reform, based upon what he called perestroika (meaning "restructuring") and glasnost (meaning "liberalization" and "openness"). Reform required Gorbachev to redirect the country's resources from costly Cold War military commitments to more profitable areas in the civilian sector. As a result, Gorbachev offered major concessions to the United States on the levels of conventional forces, nuclear weapons, and policy in Eastern Europe. Many US Soviet experts and administration officials doubted that Gorbachev was serious about winding down the arms race,
1996 Mikhail Gorbachev presidential campaign 1996 Mikhail Gorbachev presidential campaign The Mikhail Gorbachev presidential campaign, 1996 was an electoral campaign effort by former President of the Soviet Union and General Secretary of the Communist Party of the Soviet Union Mikhail Gorbachev in the 1996 Russian presidential election. Gorbachev's candidacy was beset by the obstacles of both minimal media coverage and a high level of distain towards him amongst the Russian populace. Gorbachev's candidacy ended in defeat during the first round of the election. The effort was the first, and only, electoral campaign of Gorbachev's post-Soviet political career. Gorbachev had led the Soviet Union from 1985