Outline of the Cold War
End of the Cold War – While many observers state the 1989 Malta Summit was the end of the Cold War, it was December 1991 before the Presidents of the United States and the Soviet Union formally recognised the conflict's end, with the Soviet Union also being dissolved at that time. Some key events leading up to the end include:
Effects of the Cold War
The legacy of Cold War conflict, however, is not always easily erased, as many of the economic and social tensions that were exploited to fuel Cold War competition in parts of the Third World remain acute. The breakdown of state control in a number of areas formerly ruled by Communist governments has produced new civil and ethnic conflicts, particularly in the former Yugoslavia. In Eastern Europe, the end of the Cold War has ushered in an era of economic growth and a large increase in the number of liberal democracies, while in other parts of the world, such as Afghanistan, independence was accompanied by state failure.