GLOBALIZATION AND INTERNATIONALIZATION OF THE INTERNATIONAL ORDER: IS STATE SOVEREIGNTY AT BAY?
ABSTRACT
The idea of the state lies at the core of international relations and international law, and the concept of sovereignty lies at the core of the concept of the state. An essential link between globalization and the nation state is the concept of sovereignty. Through globalization, technological, economic, and political advances have severely abridged the barriers to economic, political, and cultural exchange, resulting in increasing transnational flows and increasingly thick networks of interdependence, as well as an expansion of the scale on which power is organized and exercised. As a result, States have assented to considerable interference with respect to their internal sovereignty. All of this has additionally broadened the fissure between political reality and the ideal of classical sovereignty. This article seeks to critically analyse the effect of globalisation on state sovereignty and contradict the hypothesis that economic globalization weakens the nation state because sovereignty is transforming in response to the requirements and processes of globalisation and its complexities.