The Globalization, as a factor of instability of World Economics

Globalization, is often associated with the notion of «international financial integration» it’s a controversial term, some people regard as benefactress to the world economy and some other are qualifying it as «anarchy leading to disequilibrium»; This notion is also a polysemic term, that is to say which has many definitions and we will see that it will generate many upheavals in the world. That mutation is linked to the technological revolution occurred in the 80's on the field of information and telecommunications and which has upset the distances, making it possible for companies to position themselves on a planetary scale. Thus, the main dimensions of the globalization phenomenon are the growth of international trades and the boom of the Foreign Direct Investment (FDI). So the globalization is a shift caused by the Liberal revival and triumph of the Market economy:
Now, the liberalism takes the top on the public interventionism, all areas are subject to the market law and shareholders will see their power grow at the expense of those of the managers. But in which context the concept of globalization wills it emerges, what will be the consequences of this phenomenon on the national governments’ economic policies and how this new system will he becomes a factor of instability for the global economy? International financial globalization is characterized by the «3D»: • Deregulation: The monetary authorities of major industrial countries have undertaken from the 80 in the process of abolishing national regulations regarding international flow of money. The financial regulations are becoming increasingly flexible. Barriers that hindered the international flow of capital have been abolished as well as all the quantitative restrictions on loans and interest rates. Regulations limiting banks' commitments have also been removed, but by imposing a minimum capital. This deregulation has