The theme of this paperwork is the risks of globalization and its potential dangers. Simply put, globalization means and modern social process that weighs the comprehensiveness of the world. If global means totality, globally is what’s comprehensive and globalization becomes a way of looking at the events and issues in totality, that means any action directed towards understanding the world as a whole. Based on the facts that are collected from research , we will try to show in detail globalization through its development. It includes a history of the emergence of the process of globalization, its development, basic characteristics, holders of globalization and their structure with functioning of their influence on further development. In the second part of the paperwork we will focus on the impact of globalization and its processes in Europe and Republic of Croatia, the changes that occur. In the third part we will take a look at the risks of globalization, complex processes that distort the ideological structure of the idea and show negative guidance of the process, and we give a final comment on the basis of our overall research on the processes and risks of globalization.