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,
Mikhail Gorbachev of reform was to prop up the centrally planned economy—not to transition to market socialism. Speaking in late summer 1985 to the secretaries for economic affairs of the central committees of the East European communist parties, Gorbachev said: "Many of you see the solution to your problems in resorting to market mechanisms in place of direct planning. Some of you look at the market as a lifesaver for your economies. But, comrades, you should not think about lifesavers but about the ship, and the ship is socialism." Gorbachev initiated his new policy of "perestroika" (literally "restructuring" in Russian) and its