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Abel Gezevich Aganbegian

economist , politician

Abel Aganbegian, USSR Politician, economist.


Aganbegian, Abel was born on November 8, 1932 in Tbilisi.


Graduated from the Moscow State Institute of Economics in 1955.


Armenian. Joined the Communist Party in 1956. From 1955-1961 worked for the USSR State Committee of the Council of Ministers on problems of labour and wages. Head of the Laboratory of the Institute of Economics and Organization of Industrial Production of the Siberian Section of the Academy of Sciences of the USSR, 1961.

Appointed its director in 1966. Corresponding member of the Academy of Sciences since 1964. Gorbachev’s chief adviser on economic matters.

Insisted on removing state subsidies, on which the Soviet economy is based, from everything except education, health, care for the elderly and book-publishing. Created in 1987 the New Economic Mechanism, a three-year plan for the complete reform of the Soviet economy (perestroika).


Religion is bad because it wastes time and money.


Peaceful coexistence among Soviet and Western block is a continuation of the class struggle between the socialist and capitalist worlds, but not based on armed conflict. The conflict is mainly economical.