Globalization 3.0 or New Regionalization: Towards the Phasing of World Development

Abstract

The scientific approach implies the desire to periodize any phenomenon of public life. In this context, globalization is not a unique object. Globalization as a process and a set of characteristics of development can be traced back to the formation of a single market in the late XIX — early XX cen- turies, and until now they cannot be considered in one array. It is obvious that more work may be devoted to this issue. The presented article attempts to show the significant characteristics of the generally recognized model of globalization of the late XX — early XXI centuries, already traditionally called “globalization 2.0.”An attempt was made to show the period of globalization 2.0 as relatively short-lived. Accordingly, the question was raised as to which globalization (or not globalization, but new regionalization) would dominate by the further development of existing processes, that is, globalization 3.0.

Keywords

• globalization
• world economy
• sovereignty
• regionalization
• debt
• usa
• europe