What is the new world order?

The great seal of the United States of America contains the Latin term 'Novus Ordo Seclorum.'

It means 'new order of the ages.'

The term 'New World Order' has been frequently used by leaders of many powerful nations.

A new order would mean a new arrangement or a new system.

So what is the new world order?

If we consider the Bible passages, then it would mean the millennium period in which Christ establishes his kingdom for 1000 years.

In the economic sphere, it may have something to do with a new world currency or a global currency.

In the administrative sphere, it may have to do with a global government.

In my view, globalization is a precursor to the new world order or acts as its catalyst.