Global Politics And Economy: Late 20th And Term Paper

Length: 3 pages Sources: 1+ Subject: Drama - World Type: Term Paper Paper: #32286190 Related Topics: Fukuyama, Global War, Gorbachev, 20th Century
Excerpt from Term Paper :

Global Politics and Economy:

Late 20th and Early 21st Centuries

The world politics and economy of the late twentieth century were highlighted by the collapse of communism in the Soviet Union and Eastern Europe, the promise of a 'new world order' and the rise of 'globalization.' These developments were accompanied by a worldwide trend of increasing democracy, trade liberalization and booming economies. The start of the twenty-first century, on the other hand, has seen the emergence of the so-called 'clash of civilizations' and the long drawn out 'fight against terrorism' with the inevitable slump in global economies. In this essay we shall briefly discuss the major trends of the global politics and economy in this tumultuous period of world history.

Collapse of Communism

The 'Cold War' period involving intense political and economic rivalry between the two superpowers, the U.S.A. And the Soviet Union, lasted from the end of World War II to the 1990s. The most significant development in world politics and economies began in the 1980s with the unraveling of communism in the Soviet Union. There were numerous reasons behind this but the process started in 1980...

...

They met with fierce resistance from the independent minded Afghan mujahideen and the misadventure of the Soviets took a heavy toll of their economy and morale. The United States, under the ultra-conservative regime of President Reagan, seized on the opportunity to step-up military and economic pressure on the Soviet Union. It did so by shelving the SALT II treaty and embarking on a massive arms build up by initiating projects such as the Strategic Defense Initiative besides actively aiding the anti-Communist forces in various parts of the world including Afghanistan. ("Cold War") It soon became clear that the Soviet Union was, economically, not strong enough to compete in the arms race.

In the meantime, Mikhail Gorbachev became the president of the Soviet Union in 1985 and proceeded to implement a doctrine of perestroika and glasnost that encouraged openness in the Soviet society. Ironically, in a system based on strict controls, the 'openness' ultimately led to the collapse of the Soviet Empire in the early 1990s.

Other Major Global Events of the Late 20th Century

Iraq, under Saddam Hussain, invaded Iran in 1980 that signaled the start of a vicious, decade long war in which more than half a million people died. Iraq had the tacit support of the United States in the war due to the latter's strategic interest of containing the revolutionary Iranian influence in the oil-rich gulf region. Saddam was guilty of using biological weapons in the war when facing defeat.

Saddam, ultimately, over-reached himself by invading and capturing the neighboring Kuwait in 1990. This led to a…

Sources Used in Documents:

Works Cited

Cold War." Article in Microsoft Encarta Encyclopedia Deluxe, 2000. CD-ROM Version.

Fukuyama, Francis. "Their Target: The Modern World." Pp. 54-59. Newsweek International: Special Davos Edition, December 2001-February 2002

World History


Cite this Document:

"Global Politics And Economy Late 20th And" (2002, November 11) Retrieved June 12, 2021, from
https://www.paperdue.com/essay/global-politics-and-economy-late-20th-and-138449

"Global Politics And Economy Late 20th And" 11 November 2002. Web.12 June. 2021. <
https://www.paperdue.com/essay/global-politics-and-economy-late-20th-and-138449>

"Global Politics And Economy Late 20th And", 11 November 2002, Accessed.12 June. 2021,
https://www.paperdue.com/essay/global-politics-and-economy-late-20th-and-138449

Related Documents
Global Cultural Analysis Nigeria
Words: 5263 Length: 16 Pages Topic: Literature - African Paper #: 25995575

Global Business Cultural Analysis Nigeria Nigerian History Synopsis of Nigerian government Nigerian monarchy to presidential system The evolution of Nigeria from British control to a civilian democratic government Nigerian major commodities Oil Food The major elements and dimensions of culture in Nigeria Cultural dimensions Individualism Power distance Masculinity Uncertainty Model of culture Universalism or Particularize How is the integration of elements and dimensions that Nigerians doing business in the country? The effects of governments on the prospects for its business around the world How the elements and dimensions compared

Global Warming
Words: 5455 Length: 20 Pages Topic: Weather Paper #: 86603985

" Monitoring and enforcing a [CO.sub.2] treaty would be very difficult, if not impossible. Reductions in [CO.sub.2] emissions by rich countries could be negated by increased [CO.sub.2] emissions in fast-growing developing countries (Udall, 1990)." One of the issues facing the global warming crisis is the debate about who is most responsible for its creation and who should be financially responsible for its curbing. According to recently gathered data Americans are causing a much

Connection Between Music and Politics
Words: 2485 Length: 8 Pages Topic: Music Paper #: 65453301

MUSIC & POLITICS: THE ARGENTINE TANGO Music Flamenco or Tango, Spain or Argentina Music & Politics: The Argentine Tango The tango is a form of dancing that originates in Buenos Aires, Argentina. It is a popular dance form that has spread internationally since its inception in the early nineteenth century. As with all cultural forms, there is a distinctive history and style that accompanies this form of expression. The very creation and performance of

The Relationship Between Politics and Films in the U S
Words: 2677 Length: 8 Pages Topic: Political Science Paper #: 68295495

Cinema and American Politics The modern politics of the U.S. and their imperialistic manifestations within the global political economy (GPE) have often been reflected in the mainstream Hollywood films of the era yet simultaneously criticized and satirized by auteur and/or independent filmmakers, such as Kubrick with his 1964 Dr. Strangelove or Oliver Stone's JFK. While political science is a field in which the dynamics of political discourse may be examined

Non-Market Strategy Project Pollution Politics Business
Words: 5182 Length: 12 Pages Topic: Economics Paper #: 96951798

Non-Market Strategy Project-Pollution/Politics/Business Globalization has changed the planet in numerous ways, constructive and unconstructive; perhaps the most influential of these changes has been the more explicit and perhaps a far more extreme commoditization of a number of natural resources and basic human demands. Traditionally, it's the limited nature of a specific resource or product that means it is a saleable resource, and this conclusion leads to the decision on its sales

Immigrants on Economy of Taiwan
Words: 2871 Length: 11 Pages Topic: History - Asian Paper #: 24877111

The country was itself full of immigrants that were permitted to perform their professional and technical services and advocacy to strengthen the industrial performance of the country, and fulfill the shortage of the required manpower. The return of the migrants further supported the local government in its quest of introducing economic and industrial reforms in the country. However at parallel the government also invited and allowed the inflow of