ИСТИНА

Economic globalization caused the fast growth of market economy throughout the world. But it also caused the worsening of social differentiation and growth of social tension. The principle of free movement of capital maintained during the last three decades provoked a mass permutation of social-economic space. National governments are in a permanent search for new models of economic growth, understanding that previous strategy of growth has lead to market's destabilization. International and regional organizations in this situation need to elaborate common rules, norms and values that can possibly lead the world or region out the the dangerous way of perpetual crisis. Many global actors, both national and international, agree that rules of the game must be changed, but this strategy faces a serious conservative opposition. Current analysis is directed towards the reasons and consequences of the global social breakdown through the lens of three regions: European Union, Middle and Near East and Latin America. European Union, being the the most powerful international organization in the world, is not only the example of wrong fiscal policies. Founders of the EU considered that the creation of the free trade zone and common currency would bring an end to monetary imbalance. But, on the contrary, it resulted in social imbalance and growing split between the states. The social and political disruption on the Middle and Near East is also caused primarly by national and supranational financial and economic imbalance between the rich Gulf countries and the rest. It, in turn, influences and strenghtens the ethnical, religiuous and geopolitical contradictions. Latin America is rightfully considered by many today as one of the grand social labaratories. Succesfully cooperating through regional organizations, national governments have managed to propose innovative social-liberal policies throughout the continent, renewing but not repeating the continental European economic policies of the 1960-70-ies.