The Fall of Soviet Union Effect

The Soviet collapse has shown that a socialist culture of war cannot win out over a capitalist culture of war on economic terms, and we need a new strategy for revolution in the 21st Century. The most direct impact of the Soviet Union declared that the failure of communism.   The countries of Eastern Europe attain liberation from Soviet Union fell down.   Their countries overthrow the Communist regime.   From some point of view, it declared that the US-led western countries won by their belief in Liberal democracy and market economy.   Because the headquarters of communism, Soviet Union, Collapsed, the western developed countries are still standing.
1. Without great power competition, there were fewer wars and those that broke out were smaller in scale.   It is good for Third World countries to revive the national economy

2. The communism’s power was got setback after the Soviet Union was disintegration.   At the same time, other communist countries, such as China, they
learned a lesson in frustration.

3. Nationalism became more popular in some areas; it makes regional conflicts and there was smaller in scale.  

4. The world became more peaceful than before.

In Russia, since the USSR's collapse, Russia faced many problems that free market proponents in 1992 did not expect. Among other things, 25% of the population lived below the poverty line, life expectancy had fallen, birthrates were low, and the GDP was halved. These problems led to a series of crises in the 1990s, which nearly led to election of Yeltsin's Communist challenger.
In the recent years, the economy of Russia has begun to improve greatly, due to major investments and business development and also due to high prices of natural resources. Now, Russia is one of the BRIC countries.