Transformation of Sovereignty and Globalization
34 Pages Posted: 11 Aug 2009
Date Written: August 10, 2009
The process of globalization undoubtedly contributes to the changes and reduction of nomenclature and scope of state sovereign powers. At the same time this is a bilateral process: On the one side, the factors are strengthening that fairly undermine the countries' sovereignty, on the other - most states voluntarily limit the scope of their sovereignty including the right to use the capital punishment, nomenclature and size of taxation, the size of emission and borrowings etc. We believe that among the range of factors influencing the process of change of national sovereignty (including the technological and economical changes and the necessity to solve jointly a great number of issues), the factor of voluntary reducing of scope of sovereign powers to obtain an additional prestige and benefit appears to be of the utmost importance. At the same time the limiting of sovereignty inevitably leads to great changes in the policy patterns of states as well as of common people masses. So the problems of changes of functions and role of the modern state, in our view, must be among those of currant importance.
Keywords: sovereignty, globalization, world political process, reduction of sovereignty
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