This paper deals with the development of the globalization process, meaning of the term globalization and influences that globalization has on world economy, politics and human community in general. It makes the point that globalization has negative and positive aspects, but it certainly brings big changes. The developed part of the world uses very well global conditions, in the same time playing the role of the main carrier of the globalization processes. With the development of informatics and communication technology world is becoming much smaller so that connection between two subjects in different parts of the world is made in a few minutes. Creation of economic and politic integrations is also one of the causes and consequences of globalization.