Post–Cold War era

The post–Cold War era is a period of history that has been ongoing since the dissolution of the Soviet Union, which began in 1988 and marked the end of the Cold War by 1991, thereby leaving the United States as the world's sole superpower. At the same time, Europe experienced the collapse of communism alongside the fall of the "Iron Curtain" between the American-aligned Western Bloc and the Soviet-aligned Eastern Bloc, which gradually embraced market economies. The establishment of the European Union (EU) in 1993 effectively reversed the continent's Cold War divide by absorbing most of Eastern Europe and integrating it with Western Europe over the course of three enlargements. Relative to the Cold War, the period is characterized by stabilization and disarmament. Both Russia (the Soviet Union's legal successor state) and the United States significantly reduced their nuclear weapons stockpiles, and most Eastern Bloc countries became democratic and were integrated into the global economy. In the first two decades of the post–Cold War era, the North Atlantic Treaty Organization (NATO) underwent three enlargements and France re-integrated into the NATO command, while Russia founded the Collective Security Treaty Organization (CSTO) to replace the Warsaw Pact. More recently, China has become a rising power and has likewise consolidated a greater role on the international stage while building a strategic partnership with Russia, with both countries working in BRICS and the Shanghai Cooperation Organization. In response to these developments, the United States has begun a re-balancing of strategic forces out of Europe and into the Asia–Pacific. Major events of the period are generally agreed to have included the September 11 attacks and ensuing war on terror, the militarization of the war on drugs, the Great Recession, the China–United States trade war, the COVID-19 pandemic, hybrid warfare predominantly using the Internet, and growing...