Globalization is the process of interaction between people, companies and governments.This process has effects on the environment, on culture, on political systems, on economic development and prosperity.
Globalization has brought benefits in developed countries as well as negative effects.
The positive effects include a number of factors which are education, trade, technology, investments, employment, culture and organization structure.The negative effects are jobs insecurity, capitol flows and so on...

I think it is impossible to return to an economy and society without globalization.