Oleg Ignatkin: The Era of Globality

We are living under the conditions of new world system that is often referred to as globality. The system is characterized by a number of features.

1.    This is a period quite often accompanied with the uncertainty of international system. The uncertainty is predicated by the vulnerability of political institutions as well as high volatility of international system.

2.     The uncertainty shows a difficulty of organization - global governance requires more thoughtful approach and decision-making.

3.    Global inequality that remains one of the main problems of the international system creates risks of political and economic unrest.

These factors influence international system and don’t create any stability in international relations.

Oleg Ignatkin, Associate professor, PhD. Department of Foreign policy and area studies.