After the fall of the Berlin Wall, the social thought is branded by discussions on globalization. However, there are few papers on the analysis of relations between global processes and state institutions. The goal of authors is to point the changed role of state institutions in the conditions of globalization. The analysis of available sources from this subject area provides the authors with the conclusion that the power of state to influence the chain of events is diminishing. One of the main causes of power deficit is the globalization of financial flows. The loss of control regarding financial operations leaves the state without a significant portion of its revenues. The need to compensate the lost revenues burdens the local population ...