Аннотация:The authors put forward a hypothesis according to which in the second half of the XX- beginning of the XXI century globalization is passing through successive phases. They are juvenility of globalization, hyperglobalization, deglobalization and new incarnation of globalization in the form of digital globalization.
Analysis of the totality of these phases of globalization shows that it has a wave character: the first phase – the emergence of globalization, the second phase – its highest point of development, the third phase - the period of decline. The fourth phase is a new "take-off" and the breakthrough of globalization to a new level of development.
The article focuses on the characteristic features of the modern deglobalization phase in political sphere. It includes: threats to the global order; the rise of China; the decline of the United States as a global leader; D. Trump's inadequate actions in foreign policy; competition between the United States and China and a rollback to the bipolar system; changing the configuration of the global political space; revival of bilateralism; the erosion of globalization and increasing signs of deglobalization.
However, this does not mean the collapse of globalization. This phase of globalization is a transit from hyperglobalization to a new era.