The paper is devoted to psychological aspects and psychological perception of spatial and temporal dimensions of the historical process. Space and time do not exist separately, they are closely interconnected: everything that happens in history has certain spatial and temporal position.

From historical perspective spatial characteristics of a particular territory are twofold: territory’s psychical position remains unperturbed, while its political status and national affiliation are revised in the course of time. Territories vary in their value: the most valuable objects of physical environment such as sea-coasts, courses and estuaries of rivers, mineral deposits, industrial regions, etc. serve as objects of contention on the international arena, while areas that do not possess such characteristics can be of no interest to international actors.

Historical time does not necessarily coincide with chronological time. For example, according to Eric Hobsbawm, the so-called long Nineteenth Century lasted from 1789 to 1914, while the short Twentieth Century lasted only from 1914 to 1991. Psychological time should also be taken into account – perception of relation between past, present, and future developments, as well as perception of chronological intervals within which certain historical developments take place. Time sets chronological framework for the historical process, it can be both cyclical and linear at the same time.

Progress in transportation and communication leads to the situation where linear characteristics of space and time remain the same, while space compresses and time accelerates: movement of physical objects and information transfer take less and less time. Such process was ushered in during the Nineteenth Century (Transportation and Communication Revolutions) and it accelerated in the Twentieth and Twenty-First Centuries. Present wars can last only months and days, not years; negotiations are conducted directly by chief executives or under their close surveillance; time allotted for decision making during crises decreases dramatically.