Search results
Results From The WOW.Com Content Network
The post –Cold War era is a period of history that follows the end of the Cold War, which represents history after the dissolution of the Soviet Union in December 1991. This period saw many former Soviet republics become sovereign nations, as well as the introduction of market economies in eastern Europe.
Job growth remained weak at first, hampered by mass layoffs in defense-related industries following the end of the Cold War. [6] Construction hiring was also weak, and real estate values subdued, following a period of overbuilding in the 1980s. [7] Economic growth solidified by 1993, and home prices rebounded starting in 1995.
The recession officially ended in the second quarter of 2009, [3] but the nation's economy continued to be described as in an "economic malaise" during the second quarter of 2011. [80] Some economists described the post-recession years as the weakest recovery since the Great Depression and World War II .
The global economy could be sleepwalking into a second Cold War, a leading international body has warned, as tensions between the U.S. and China risk wiping trillions from worldwide GDP.
Post-Cold War Era: 1991–2016: 2016–present ... Economy. Banking; Education. Higher education; ... Timeline of pre–United States history;
"Military spending, armed conflict and economic growth in developing countries in the post–Cold War era." Journal of Economic Studies 44.1 (2017): 47–68. Brands, Hal. Making the unipolar moment: U.S. foreign policy and the rise of the post-Cold War order (2016). Brown, Archie. The rise and fall of communism (Random House, 2009).
For premium support please call: 800-290-4726 more ways to reach us
The American economy grew dramatically in the post-war period, expanding at a rate of 3.5% per year between 1945 and 1970. During this period of prosperity, many incomes doubled in a generation, described by economist Frank Levy as "upward mobility on a rocket ship."