Chapter 1 End of Bipolarity

Introduction

The chapter discusses the collapse of the Soviet Union and the end of the Cold War bipolar world order, leading to the emergence of a unipolar world dominated by the United States.

1. The Soviet System

Features of Soviet System:

Achievements:

Weaknesses:

2. Gorbachev's Reforms

Mikhail Gorbachev introduced reforms to revive the Soviet system:

These reforms unintentionally accelerated the collapse of the USSR.

3. Disintegration of USSR

Reasons:

Partition of India: Challenges

Why USSR got Disintegrated?

Timeline of Disintegration:

1985 Gorbachev becomes General Secretary
1989 Fall of Berlin Wall, Revolutions in Eastern Europe
1990 Baltic republics declare independence
December 1991 Russia, Ukraine, Belarus declare USSR dissolved
December 25, 1991 Gorbachev resigns, USSR officially ceases to exist

4. Consequences of Disintegration

5. Shock Therapy

Radical transition from socialism to capitalism:

A painful process of transition from an authoritarian socialist system to a democratic capitalist system in Russia, Central Asia and east Europe that was influenced by the World Bank and the IMF came to be known as ‘shock therapy’

Consequences of Shock Therapy:

Partition of India: Challenges

Consequences of Shock therapy

6. India and Post-Soviet Russia

Key Terms

7. Important Questions

  1. What were the factors responsible for the disintegration of USSR?
  2. Explain the consequences of disintegration of Soviet Union.
  3. What was Shock Therapy? What were its consequences?
  4. How did the end of bipolarity affect India's foreign policy?
  5. Compare and contrast the Soviet system with the capitalist system.
  6. What was soviet system? Mention its achievements and weaknesses.