what are the major consequences of the disintegration soviet union
Answers
Answer:
Explanation:
* USA became supreme power in the world.
* There was no more conflict of ideologies as capitalism had defeated communism.
* The arms race came to an end.
* Russia took USSR's permanent seat in United Nations Security Council(UNSC).
* Dominance of economic institution like IMF and World Bank in the process moving the countries towards capitalism is increased.
* Some of the countries that are part of the then USSR, have joined European Union and became part of NATO.
As India had it's close relations with USSR, it's disintegration has affected India in many ways. Some of them are,
* There no major support anymore for India in the issue of Kashmir as USSR was supporting India on the issue before.
* India had acquired the socialistic ideology from USSR. When it failed in USSR, there was a growing skepticism in India about socialistic principles.
* India was forced to liberalize it's economy as there was no USSR to back it's closed economic principles. It resulted liberalization, privatization and globalization(LPG) in India.
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