Is Globalization undermining State Sovereignty? (original) (raw)
There has been much debate about whether globalization is undermining state sovereignty in the study of world politics today. This is due to the fact that the term ‘globalization’ itself is rather subjective and broad. There are two rather distinct arguments used in this debate. Hyperglobalists, such as Ohmae and Scholte , hold a pessimistic view and argues that globalization brings about the demise of the sovereign nation state: global forces undermine the ability of governments to control their own economics and societies. In contrast, ‘the sceptics reject the idea of globalization as so much “globaloney”’ : by emphasizing the continuing importance of states in world politics, academics such as Krasner and Gilpin argue that states and geopolitics remain the principal agents and forces shaping world order today. In this essay, we will firstly define the terms ‘globalization’ and ‘state sovereignty’. Looking at the impact of globalisation domestically and internationally of a state, we will pin point which aspects of state sovereignty are being undermined before looking at the arguments proposed by the “sceptics”. Then we will conclude whether or not, or to what extent is globalization undermining state sovereignty.
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