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- W3197654045 abstract "Globalization is a process of interaction and integration that embodies a transformation in the organization of social relations and transactions, which generate a transcontinental or interregional flow of communication, technology, knowledge, and opportunities. Globalization has transformed several aspects of the global system and influenced almost all dimensions of human lives. We now not only have greater economic dependence and trade networks, but institutions like the UN, European Union, NATO, World Bank, WTO, and IMF have overstepped their authority by promoting universal standards for everything, which has thus changed the traditional perspective of sovereignty. Now the question arises of what traditional sovereignty is, the common notion states that sovereignty is the central attribute of a state as a form of political organization. The very core of sovereignty is the power of self-determination, the power to determine for and by oneself and not the command of others. No external body has the right to command or order a sovereign state to act in a given manner about matters of fundamental concern to it. Many people believe that the idea of state sovereignty is in imminent danger, the idea of an independent entity is being collapsed by the monetary union, global television, the internet, governmental and non-governmental organization. Though many have proclaimed the demise of sovereignty under the pressure of globalization yet few believe that sovereignty is the basis of state interaction, state laws are adaptive in nature and they evolve by the standardized norms of the global system.In this paper the researcher shall discuss the traditional perspective of sovereignty and does the Westphalian concept of sovereignty has ever existed. The primary focus of this paper shall be on the impacts of globalization on the state authority, their territorial control, and monopoly, and find out how the sovereignty of the state is affected by this global system. The researcher will critically analyze the transformation of sovereignty in response to globalization and its complexities." @default.
- W3197654045 created "2021-09-13" @default.
- W3197654045 creator A5022359533 @default.
- W3197654045 date "2021-01-01" @default.
- W3197654045 modified "2023-10-18" @default.
- W3197654045 title "Perspective on Traditional Concept of Sovereignty and Globalization" @default.
- W3197654045 doi "https://doi.org/10.2139/ssrn.3868677" @default.
- W3197654045 hasPublicationYear "2021" @default.
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