Deglobalization: myth or reality?

In the context of the continuing growth of the volatility of the world economy and the attempts of increasing destabilization of international economic relations by Western states and their desire to preserve the “rules-based order”, for most countries of the world, primarily states with emerging markets, the need to implement their own long-term policy and maintain sustainable socio-economic development comes first. This trend encourages the countries of the “Global South” to look for new models and mechanisms for both socio-economic development and new tools for ensuring international economic relations that would ensure equal and predictable interaction at the international level. These trends stimulate the development and deepening of deglobalization - the process of developing trade and economic relations within continents and individual regions of the world. In these conditions, the task of scientific research of the processes of deglobalization, the factors ensuring their development, the goals pursued by individual states is actualized. The purpose of the article is to study and characterize the modern processes of deglobalization. The processes of deglobalization are especially important for the Russian Federation, which is going through a period of unprecedented tough sanctions continuously imposed by Western partners in order to undermine the socio-economic process in our country, and at the same time forms new mechanisms and principles for the development of the global economic system and relations between its subjects.