Among the specified three directions the volume of the international financial operations most quicker increases, then the international movement of the capital follows (direct investments) and, at last, international trade. At the same time within the financial direction currency transactions and volume of the international transactions with securities (including derivative financial instruments), the process reflecting the increasing securitization of the modern financial markets especially promptly grow (and internal and international).
The main directions and the freight train of international trade significantly changed: the prevailing place was taken by commodity turnover between the developed countries, and its commodity filling is made by cars, the equipment, the knowledge-intensive, high-tech subjects and other finished products. According to the contents it is mainly not the interindustry, but intra-branch trade based on intra-branch specialization of the certain countries.
The analysis of the available data testifies that the international division of labor and in the long term will steadily go deep and on its basis the advancing rates the international exchange of goods and services will grow.
Globalization originates deeply in thickness of history, and still it is a phenomenon of the XX century. From this point of view our century can be defined and as a century of globalization. Therefore lessons of the XX century are especially significant and important for understanding of its prospects.
The main thing in globalization - change of an object of the labor. The person always earned the living, changing the nature. Thanks to information technologies not transformation of "dead" things in which the mankind was engaged from the moment of the emergence, but transformation of live human consciousness - both individual, and collective became the most profitable, most commercially effective business.
Modern processes of globalization are developed first of all between industrialized countries and only in the second turn seize present developing countries (in the past in the majority colonial possession).
Modernization of "not western" countries for the last three centuries is substantially noted not by adaptation of market economy and social infrastructure to the specific orientations and the forms of behavior taken in other cultures, and the growing gaps in the settled and vital systems of values, meanings and structures.
One more new essential circumstance. Globalization is followed by another, in a sense similar according to the contents today, but the process contradicting it, namely: regionalization of economic activity - the globalization in limited scales covering group of the countries creating associations in which occur big or smaller trade liberalization, the movement of the capital and people within the relevant integration group.
Besides a tendency to formation of associations in the form of Customs unions the noticeable place in the course of economic rapprochement of the certain states is occupied by associations of the manufacturing countries and exporters of raw materials, free economic zones.
The forefront in the world economy is come seven most industrialized countries now: USA, Japan, Canada, Germany, France, Great Britain and Italy. More than 80% of industrial production of group of the industrialized countries (IC) and about 60% of all world industrial production, respectively 70 and 60% of electricity generation, more than 60 and about 50% of export of goods and services fall to their share.
In system of the international economic relations along with the commodity markets the world financial market, the international labor market, the world information market, the international monetary system function.
It is necessary to begin with that before the international economic relations developed mainly within the colonial empires created by then (British, French, German, Dutch, actually and American) and only then between mother countries.
International trade, to be exact, trade between mother countries and colonies in the form of an exchange of finished products for colonial raw-material producing goods was the main form of internationalization of economic life a long time.