Since the beginning of world financial crisis, the process of globalization, that seemed imminent, has suddenly begun to slow down.
Despite the fact that globalization has a number of advantages, it has caused the problems of management policy of many institutions and countries. This situation demonstrated its inability to pay. There were too many expectations regarding globalization, but most of them did not justify. With the help of globalization you cannot solve the problems of climate change, the stabilization of the economy, the increase in jobs in the global labor market. As a result, the process began to cease.
According to the words of Executive Director of the European Council M. Leonard, the thing that previously used to be considered as a benefit to the economy now has become a threat to it. “No one wants to give up the benefits of globalization, but the authorities of all big countries are afraid of those risks that might arise, including the danger of armed conflicts”, – said M. Leonard.
Despite the successful interaction between regional and global international companies in some areas, they regularly appeared under the reign of the actual problems associated with lack of finance and the clash of views among the participants of the process. In this case, it becomes evident that there are the same problems in all the states that must be solved together. These problems include pollution of environment, and concealing of citizens from liability to pay taxes.
In fact, the process of globalization came to a standstill, and people of the world need some new solutions that will be optimal for absolutely everyone. If the process of fragmentation begins to develop, economic and environmental problems will worsen and lead to very poor circumstances.