The first part of this review deals with the one-phase approach to the stat
istical theory of phase transitions. This approach is based on the assumpti
on that a phase transition of the first kind is due to the loss of stabilit
y by the host phase. We demonstrate that it is practically impossible to fi
nd the coordinates of the points of phase transition using this criterion i
n the framework of the global Gibbs theory which describes the state of the
entire macroscopic system. On the basis of Ornstein-Zernicke equation we f
ormulate the local approach that analyzes the state of matter inside the co
rrelation sphere of radius R-c approximate to 10 Angstrom. This approach is
proved to be as rigorous as the Gibbs theory. In the context of the local
approach we formulate the criterion that allows finding the points of phase
transition without calculating the chemical potential and the pressure of
the second concurrent phase. In the second part of the review we consider p
hase transitions of the second kind (critical phenomena). Based on the glob
al Gibbs approach, the Kadanov-Wilson theory of critical phenomena is analy
zed. Again we use the Ornstein - Zernicke equation to formulate the local t
heory of critical phenomena. With regard to experimentally observable quant
ities this theory yields precisely the same results as the Kadanov-Wilson t
heory; secondly, the local approach allows predicting many previously unkno
wn details of critical phenomena, and thirdly, the local approach paves the
way towards constructing a unified theory of liquids that will describe th
e behavior of matter not only in the regular part of the phase diagram, but
also at the critical point and in its neighborhood.