19441994
19441994 is a designation for the half-century spanning 1944 to 1994, a period of major transformation in world politics, economy, and society. The ending phase of World War II led to the founding of the United Nations in 1945 and the Bretton Woods system in 1944, which shaped postwar international finance. The era was defined by the early Cold War, geopolitical tensions, and a wave of decolonization as many colonies achieved independence.
Reconstruction and growth characterized much of the postwar world. Western Europe and Japan rebuilt economies with
From the late 1980s, reforms in the Soviet Union and Eastern Europe culminated in the collapse of