Modern Concepts of the World Economy Globalization

In this research, it is indicated that world economic globalization is not simply an outcome of accelerated internationalization and digitalization process, but a process of global economics transformation into a new state. Existing models are neither capable to explain prevailing features of this new state nor adequate interpret new laws of its changes. Development of new theoretic models of contemporary globalization concept is of great importance. This article considers the key modern concepts of the world economy globalization, such as the concepts of the archaic globalization, of the "timeless" globalization, of protoglobalists, of instantaneous globalization and so forth. It is suggested that new concepts be built by aggregation of various current concepts in order to explain the global environmental development.