In the face of a dynamically changing world and the crises that have painfully affected us in recent years, the question arises - is this the end of the era of globalization? After almost 3 years of COVID - 19 pandemic, more than a year after the outbreak of war in Ukraine, the world seems to be entering a new era. Many analysts say that the era of the end of globalization is coming. However, is this really the case? Is globalization on the decline and is it regressing? This paper will give an answer to this question, as well as synthetically define the concept of globalization in relation to new trends and events on the world stage.