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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 Eu
Following the end of the Cold War, great attention was placed on the prospects for economic conversion. Regarding differences in the 1970s and the postwar era, Seymour Melman noted that: "The problem of conversion from military to civilian work is fundamentally different now from the problem that existed after World War II. At that time, the ...
The Era of Stagnation in the mid-1970s was triggered by the Nixon Shock and aggravated by the war in Afghanistan in 1979 and led to a period of economic standstill between 1979 and 1985. Soviet military buildup at the expense of domestic development kept the Soviet Union's GDP at the same level during the first half of the 1980s. [ 78 ]
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.
The Cold War defined the political role of the United States after World War II. By 1989, the United States had military alliances with 50 countries and 1.5 million troops posted abroad in 117 countries, which institutionalized a global commitment to a huge permanent peacetime military-industrial complex and the large-scale military funding of ...
WASHINGTON (Reuters) -President Joe Biden on Monday invoked a Cold War-era measure to boost investment in U.S. manufacturing of medicines and medical supplies that he has deemed important for ...
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."
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