GORBACHEV’S NEW THINKING: ITS IMPACT ON DOMESTIC AND FOREIGN POLICY OF SOVIET UNION

Present paper deals with the New Thinking policy adopted during Mikhail Gorbachev's presidency in USSR. The paper contextualizes the reforms under this policy in the contemporary internal economic crisis and strategic dilemmas of USSR. While describing the main features of Gorbachev's New Thinking and its components, the paper attempts at evaluating its implications on USSR's domestic social, politico-economic conditions, and the dynamics of international relations in the times of Second Cold War. This paper also highlights the importance of perestroika and glasnost which was introduced by Gorbachev for a change in the domestic economic situation and to reform the political system of the Soviet Union.