The article justifies the relevance of the study of globalization and issues of global economy. We put emphasis on global issues of poverty, migration, finance and terrorism. We pay special attention to the role of such management structures in global conflict mitigation, as: the United Nations (UN), International Monetary Fund (IMF), International Bank for Reconstruction and Development (IBRD), World Trade Organization (WTO), International Labour Organization (ILO), etc. We show the consequences of the impact of globalization processes on the economy, living standard of the population of world’s States. We draw conclusions about the use of positive effects of globalization and prevention of its negative impact by states.
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