80´s The time period saw great social, economic, and general change as wealth and production migrated to newly industrializing economies. As economic liberalization increased in the developed world, multiple multinational corporations associated with the manufacturing industry relocated into Thailand, Mexico, South Korea, Taiwan, and China. Japan and West Germany are the most notable developed countries that continued to enjoy rapid economic growth during the decade; Japan's would stall by
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  80´s The time period saw great social, economic, and general change as wealth and production migrated to newly industrializing economies. As economic liberalization increased in the developed world, multiple multinational corporations associated with the manufacturing industry relocated into Thailand, Mexico, South Korea, Taiwan,  and China. Japan and West Germany are the most notable developed countries that continued to enjoy rapid economic growth during the decade; Japan's would stall by the early 1990s. The United Kingdom and the United States moved closer to laissez-faire economic policies beginning a trend towards neoliberalism that would pick up more steam in the following decade as the fall of the USSR made right wing economic policy more popular. The most notable terrorist attacks of the decade include:    El Mozote massacre in El Salvador on December 11, 1981, against civilians, committed by government forces supported by the United States during their anti-guerrilla campaign against Marxist-Leninist rebels.    The Rome and Vienna airport attacks take place on December 27, 1985, against the Israeli El Al airline. The attack was done by militants loyal to Abu Nidal, backed by the government of  Libya.     The 1983 Beirut barracks bombing  –  during the Lebanese Civil War two truck bombs struck separate buildings housing United States and French military forces killing 299 American and French servicemen. The organizationIslamic Jihad claimed responsibility for the bombing. Prominent political events America    A fines de enero de 1981 estalló la guerra de los cinco días entre Ecuador y Perú, con escaramuzas en zonas fronterizas mal delimitadas por el Protocolo de 1942. Ronald Reagan was elected U.S. President in 1980. In international affairs, Reagan pursued a hardline policy towards preventing the spread of communism, initiating a considerable buildup of U.S. military power to challenge the Soviet Union. He further directly challenges the Iron Curtain by demanding that the Soviet Union dismantle the Berlin Wall.  Europe  The United Kingdom was governed by the Conservative Party under Prime Minister Margaret Thatcher, the first female leader of a Western country. Under her Premiership, the party introduced widespread economic reforms including the privatisation of industries and the de-regulation of  stock markets echoing similar reforms of U.S. President Ronald Reagan. She was also a staunch opponent of communism earning her the nickname 'The Iron Lady'. Asia In the Philippines, after almost 20 years of dictatorship, Philippine president Ferdinand Marcos left the presidency and was replaced by Corazon Aquino through the People Power Revolution  from February 22 to 26, 1986. This has been considered by some a peaceful revolution despite the fact that the Armed Forces of the Philippines issued an order to disperse the crowds on EDSA (the main thoroughfare in Metro Manila).   90´s The 1990s, pronounced nineteen-nineties or abbreviated as nineties s. Culturally, the 1990s was characterized by the rise of  multiculturalism and alternative media, which continued into the 2000s. Movements such as grunge, the rave scene and hip hop spread around the world to young people during the decade, aided by then-new technology such as cable television and the Internet.  Prominent political events Africa Nelson Mandela is elected President of South Africa in 1994, becoming the first black President in South African history ending a long legacy of apartheid white-rule in the country. North America United States President Bill Clinton was a dominant political figure in international affairs during the 1990s known especially for his attempts to negotiate peace in the Middle East and end the ongoing wars occurring in the former Yugoslavia; his promotion of international action to decrease human-created climate change; and his endorsement of advancing free trade in the Americas. Asia    The Palestinian National Authority is created in 1994 in accordance with the Oslo Accords, giving Palestinian Arab people official autonomy over the Gaza Strip and West Bank, though not official independence fromIsrael.  Europe    The European Union f orms in 1992 under the Maastricht Treaty.  South America    El 28 de mayo de 1991 más de mil indígenas ocuparon pacíficamente el salón principal del Congreso, reclamando amnistía para un millar de indígenas, procesados por haber participado en el levantamiento de 1990.
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