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===Political trends=== *The 1990s saw an increased spread of [[capitalism]] and [[Third Way|third way]] policies.<ref name="between">{{Cite book |last1=Antohi |first1=Sorin |author-link1=Sorin Antohi |last2=Tismăneanu |first2=Vladimir |author-link2=Vladimir Tismăneanu |title=Between Past and Future: The Revolutions of 1989 and Their Aftermath |chapter=Independence Reborn and the Demons of the Velvet Revolution |date=January 2000 |publisher=Central European University Press |isbn=978-963-9116-71-9 |pages=85 |chapter-url=https://books.google.com/books?id=1pl5T45FwIwC&pg=PA85 }}</ref> The former countries of the [[Warsaw Pact]] moved from single-party socialist states to multi-party states with private sector economies.<ref name="between" /> The same wave of political liberalization occurred in the capitalist and [[Newly industrialized country|newly industrialized countries]] (including [[First World|First]] and [[Third World]] countries), such as [[Argentina]], [[Brazil]], [[Chile]], [[India]], [[Indonesia]], [[Malaysia]], [[Mexico]], the [[Philippines]], [[South Africa]], [[South Korea]], [[Taiwan]], and [[Thailand]]. Market reforms made incredible changes to the economies of [[Second World]] socialist countries such as [[China]] and [[Vietnam]]. *Ethnic tensions and violence in [[Socialist Federal Republic of Yugoslavia|former Yugoslavia]] during the 1990s created a greater sense of ethnic identity among nations in newly independent countries and a marked increase in the popularity of nationalism.
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