IntroductionRelevance of the research. Globalization continues to be important subject odd debates among political activists, academics, business leaders, and policymakers. The studies conducted in this field revealed that current rapid economic and political changes taking place around the world implicate injustice. There are no evident income convergence between developed and developing countries (Batog, and Batog, 2015). Some scientists the same changes happening around the world see as progress driven by know-how, knowledge and information transfer (Zvirblis, Buracas, 2012). On both sides of the debate, however there are weak and strong points. One can notice the powerful global forces transforming the world societies and having impact on the most developed and developing nations (Mackevicius et al., 2012; Kiausiene, Streimikiene, 2013). The main economic premises of globalization are generally accepted in regions throughout the world. People tend to believe their countries will benefit from trade, free enterprise, and investment by foreign companies. These views are especially common in many of the world's poorest countries; nevertheless the enthusiasm for economic globalization has waned considerably over the last few years in many wealthy nations.In order to understand the impacts of globalization processes various assessment techniques are applied. Therefore there are wide diversity of indices and other tools used all over the world for assessment of the impact of globalisation processes for world countries. The various indices were widely applied which allow to evaluate the interpretations of the concepts of globalisation, the development of scientific approaches as well as to distinguish globalisation factors and examine the measurement methods of globalisation.The aim of the paper to analyse globalisation theories and to conducted comparative assessment of globalization processes for the several world countries by applying various globalization indices developed all over the world.The main tasks to achieve this aim are:* To present theoretical analysis of globalization processes;* To analyse and systematize globalization measurement methods;* To define specific index variables that have influence on the globalisation processes of countries;* To compare countries in terms of assessment of globalization processes by applying various indices.To define the most important key factors and globalisation indicators for assessment of globalization processes.1.Theoretical analysis of globalisation processesThe term globalisation was first mentioned in Merriam-Webster English dictionary in 1951 (Green, 2013) and during the time was used to express experience in the field of education. As of 1960, the concept was used in the works of economists and sociologists. However, according to linguistic experts, the term became popular in the scientific literature only in 1983. This is basically associated with Livet, the article of whom was published in Harvard Business Review back then. The article describes the term globalisation as the fusion of different products produced by large multinational corporations.Therefore, the theories of globalisation can be separated into three periods of development starting from 1950, the day when the term globalisation was mentioned for the first time and ending with current days (Table 1).A great number of authors admit the uncertainty of this concept. As the concept combines a great number of various areas, a various-side overview of globalisation can be performed. According to historians, this process is a stage of the development of capitalism; culturologists link globalisation to cultural westernisation by including the economic expansion of Americans; and, referring to economists, globalisation is a process that is in particularly related to financial markets. Despite the fact that it is difficult to define what globalisation is, the majority of authors agree on two provisions: globalisation is currently in progress and it is in a phase of development. …