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Globalisation and Sovereignty - Essay Example

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Summary
The author of the following essay explores whether Globalisation is a threat to sovereignty. Thus, it is mentioned here that according to IMF website, ‘Economic “globalization” is a historical process, the result of human innovation and technological progress’…
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Globalisation and Sovereignty
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Globalisation and Sovereignty

Download file to see previous pages... International Relations theories apply to the concept of sovereignty and the threat implied by the globalization. Realism is one theory, which had been adopted by Bismarck and had been gaining fresh grounds in International Relationship of recent years, and has taken a new look after globalization. Even though the theory is based on international anarchy and how to control it, and how the States become the main actors in world politics, how the States, through self-helping system avoid conflicts, the main instruments of success remains the army and military might. Globalization does not agree with armed conflicts and as the world economy has global connections, if armed conflict happens in one place, rest of the world economy will be hit and so armed conflict will definitely be discouraged during globalization.
But the economic might of globalization will definitely be encouraged and the States will compete and negotiate with their own interest in hearts. Founded by Thucidydes, encouraged by Michiavelli, Realism is accepted as one of the pragmatic theories of international relations.
Liberalism, another important theory states that States and other international institutions are very important players in the International Relations and have to co-operate, bargain with one another and States are considered to be one player in the world politics and not many players like in Realism. Here states are not independent, but interdependent, and other key actors are the most important international organizations who have a clout all over the world.
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International Relations theories apply to the concept of sovereignty and the threat implied by the globalisation. Realism is one theory, which had been adopted by Bismarck and had been gaining fresh grounds in International Relationship of recent years, and has taken a new look after globalisation. Even though the theory is based on international anarchy and how to control it, and how the States become the main actors in world politics, how the States, through self helping system avoid conflicts, the main instruments of success remains the army and military might. Globalisation does not agree with armed conflicts and as the world economy has global connections, if armed conflict happens in one place, rest of the world economy will be hit and so armed conflict will definitely be discouraged during globalisation.


But the economic might of globalisation will definitely be encouraged and the States will compete and negotiate with their own interest in hearts. Founded by Thucidydes, encouraged by Michiavelli, Realism is accepted as one of the pragmatic theories of international relations.

Liberalism, another important theory states that States and other international institutions are very important players in the International Relations and have to co-operate, bargain with one another and States are considered to be one player in the world politics and not many players like in Realism. Here states are not independent, but interdependent, and other key actors are the most important international organisations who have a clout all over the world. This theory agrees with glabalisation and a certain loss of sovereignty in place of absolute freedom. The interdependence of the ...Download file to see next pagesRead More
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