Do you believe the world since the end of the Cold War in 1989 has become more peaceful and stable or less peaceful and stable

According to Kennath Waltz’s argument the world becomes more stable and peaceful when it is dominated by few superpowers. In other words, unipolar world is more stable than multipolar world (Lundestad &amp. Jakobsen, 2013). However, considering ongoing conflicts in the Middle East, Eastern Europe, and Africa, growing economic and political crises, growing international and domestic terrorism, emerging multipolar system, and weakening dominance of the US, present world has become less peaceful and more instable than the Cold War era. The purpose of this paper is to highlight the growing instability and potential threats to the security and peace in the world by means of various examples and facts.
The concept of unipolarity is used to define the global power system which is mainly dominated by one superpower. After the end of Cold War, there wasn’t typical West vs. East conflict as it was in the 20th century. Due to lack of real challenges, the US enjoyed the status of most influencing power in the world. It allowed the US to interfere or involve in the global issues that often didn’t reflect the national interests (Lundestad &amp. Jakobsen, 2013). According to power structure analyzers, unipolarity is volatile and unstable because it always advances towards multipolarity as other emerging powers attempt to overthrow the dominance of one nation in global system. Though the superpower can curb such progress, at least for the short period, its dominance will eventually be lowered as a result of constantly emerging new powers (Lundestad &amp. Jakobsen, 2013). Since the oil embargo of 1973, the US has maintained aggressive policies towards Middle-eastern countries in order to control vast oil reserves in the region. Under the quid pro quo deal, the US provides defense security to Middle-eastern states in return of oil (Cran &amp. Barker, 2012). For