On Globalization and Sovereignty
Globalization, and its Effect on Sovereignty
While some people may argue that the rise of modern technology brings about a global market, which subsequently compromises the necessity of sovereign states, this is not the case. Indeed, the perpetual development of superior technology facilitates international trade and communication. However, there is no evidence that the phenomenon called globalization necessarily leads to the dissolution of sovereignty. Globalization may make the state more difficult to manage, but the sovereignty nevertheless still remains. If globalization eradicated state borders, and united the world through its super effective forms of communications and electronic business transactions, then the result would be a singular body of people that has no evident leader to enforce law and order. Therefore, although globalization may create an image of borderless countries, the state still remains to prevent mass chaos and disorder. What is the actual effect of globalization? To say that the rise of technology creates an international trade system would be rather superficial. What globalization ultimately inclines towards is a "potential market place with common technology, factor endowment, and prices" (Adams 167). The result is a levelled playing field across the globe. Competition can start in one place, and have the same potential for success as a business on the other side of the world. The implications of this equilibrium of states, where all states basically provide the same opportunities to its citizens, are multifarious. For example, once the world reaches this equilibrium, do state borders really hold any value? It 's as if the world comes together under the umbrella of international economy and trade, becoming a single entity, encompassing all of humanity. However, some countries will not enjoy the full benefits of globalization: "... the increased reliance on trade, external funds, and DFI [direct foreign investment] may
While some people may argue that the rise of modern technology brings about a global market, which subsequently compromises the necessity of sovereign states, this is not the case. Indeed, the perpetual development of superior technology facilitates international trade and communication. However, there is no evidence that the phenomenon called globalization necessarily leads to the dissolution of sovereignty. Globalization may make the state more difficult to manage, but the sovereignty nevertheless still remains. If globalization eradicated state borders, and united the world through its super effective forms of communications and electronic business transactions, then the result would be a singular body of people that has no evident leader to enforce law and order. Therefore, although globalization may create an image of borderless countries, the state still remains to prevent mass chaos and disorder. What is the actual effect of globalization? To say that the rise of technology creates an international trade system would be rather superficial. What globalization ultimately inclines towards is a "potential market place with common technology, factor endowment, and prices" (Adams 167). The result is a levelled playing field across the globe. Competition can start in one place, and have the same potential for success as a business on the other side of the world. The implications of this equilibrium of states, where all states basically provide the same opportunities to its citizens, are multifarious. For example, once the world reaches this equilibrium, do state borders really hold any value? It 's as if the world comes together under the umbrella of international economy and trade, becoming a single entity, encompassing all of humanity. However, some countries will not enjoy the full benefits of globalization: "... the increased reliance on trade, external funds, and DFI [direct foreign investment] may
Cited: Gerard, Adams F. "Globalization: From Heckscher-Ohlin to the New Economic Geography". World Economics 9.2 (2008): 153. EBSCOhost. Web. 6 Mar. 2013. Hadenius, Axel. Democracy 's Victory and Crisis. Cambridge: Cambridge UP, 1997. Web. 6 Mar. 2013. Smith, David A., Dorothy J. Solinger, and Steven C. Topik, eds. States and Sovereignty in the Global Economy. New York: Routledge, 1999. Web. 6 Mar. 2013. Agnew, John A. Globalization and Sovereignty. Lanham: Rowman & Littlefield, 2009. Web. 6 Mar. 2013 Lentner, Howard H. "Globalization and Sovereignty". Political Science Quarterly 125.1. (2010): 135-37. Ingentaconnect. Web. 6 Mar. 2013.