Due to international political tensions, caused by the Cold War, the United States and its allies didn't participate at this tournament, thus only eight Eastern Bloc countries were able to play at the championship.

This tournament marked the beginning of the era of dominance of the Soviet Union in world women's basketball, which lasted for next two decades.

Under leadership of head coach Lidiya Alekseyeva, Soviet team won three next World Championships held in 1967 (Czechoslovakia), 1971 (Brazil) and 1975 (Colombia).

The vast majority of medals at these tournaments were won by Eastern European and East Asian teams while United States even failed to qualify into final round.

Therefore, it was not surprising when the Soviet Union won the inaugural women's Olympic tournament which was held in 1976 in Montreal, Canada (by winning all five matches).

Despite losing to the Japan and Soviet Union, the United States managed to finish second and capture silver medals while Bulgaria took Olympic bronze.

In spite of losing to the hosts (82–94), United States won all other matches and captured a gold medal thanks to a better head-to-head point difference among the Top 3 teams.

In their absence, Soviet team captured their second Olympic title by winning all 6 matches while the Bulgaria and the Yugoslavia took silver and bronze medals respectively.

In the final group round, the Soviet team won the match against United States with a margin of only one point (85–84) after losing 40–49 at the end of first half.

Later in the final match between these two teams the Soviets lost the first half with a score of 37–40, but also managed to achieve victory with a margin of only two points (84–82).

At the next World Championship which was held in 1990 in Malaysia, Soviet Union lost in the second group round to Czechoslovakia (79–82) and Yugoslavia (63–64) and finished only at fifth place.

Like two years prior, the United States and Yugoslavia once more met in the final match, and US team achieved victory again (88–78) by winning their sixth World title.

Two years later United States took revenge at the home 1996 Olympic tournament at Atlanta by beating Brazil in the final match with margin of 24 points (111–87).

In the second group round, they lost to United States with great margin of 36 points (60–96) but then managed to reach final where met with US team again.

Despite this, US team won final match with margin of 5 points (79–74) and captured seventh World title while Australia took bronze medals for second time in a row.

After this success, Russia was unable to show the same resistance to Australian team who won final match with margin of 17 points (91–74).

In the semifinals, Czech Republic beat Belarus in overtime (81–77) and reach final match for the first time after dissolution of Czechoslovakia.

However, in the final match United States looked stronger and managed to return World title after victory with margin of 20 points (89–69).