Managing the Effects of Globalized Proliferation on State Sovereignty
What are the essential elements of an effective strategy to address proliferation?
Effectively managing the cultural, economic and sociopolitical effects of globalization needs to begin prior to its proliferation across a culture. The emphasis on ensuring consistency and balance between the cultural norms and values of a nation or region vs. The benefits of globalization need to be defined through constructs and frameworks (Nef, 2002). The essential elements of an effective strategy to address the proliferation of globalization need to include a very clear definition of state sovereignty, especially in the most critically important areas of economic policy (Hobson, Ramesh, 2002). This is essential for balancing the needs of a sovereign state and the clarity and stability of economic policies relative to the continual economic pressure to continually become more consolidated into a regional trading block or operating region (Randeria, 2007). Nations attempt to achieve the balance of controlled globalization to ensure economic growth without having to experience the downside effects that globalization can deliver to any nation, including wage competition, greater compliance and reporting requirements, and greater instability to currencies (Lentner, 2010).
Defining the policy and strategic aspects of which areas of a nation's economic, fiscal and sociopolitical policy will be immune from globalization's proliferation takes forethought and the use of scalable, flexible frameworks (Nef, 2002)....
This approach to creating an effective strategy for mitigating the downside risks and unintended costs of globalization need to be taken into the context of global economic development, the potential use of Corporate Social Responsibility (CSR) programs for multinational corporations leading the shift to globalization,. And the potential to supplant an existing economic policy with MNC's assistance. Third world nations that have the need for greater infrastructure including Brazil, Russia, India and China have the option of bargaining their native markets for greater CSR support, holding MNCs accountable for their performance to common standards (Higgins, Hallstrom, 2007). Only by building in a more robust approach to accountability for performance of MNCS and their contributions through well-defined CSR programs will nations be able to better manage proliferation to their advantage. Without any structure or framework (Nef, 2002) any nation and region will quickly find their national agenda being challenged by the aggregated interests of MNCs who have the potential to significantly change their economic national agenda quickly.
B. Is globalization a substantial threat to state sovereignty? Do we need to think of sovereignty differently?
Globalization is a significant threat to…
This means that the states have a certain amount of sovereignty, but not complete autonomy to simply do as they wish. States are free to adopt their own laws, but they must do so within the confines of the larger body. The development of the United States and the Civil War resulted in a new definition of sovereignty. If one compares the philosophy that arose in the United States to
That said, Goodhart believes that global governance, if pushed too far into sovereign nations' doings, can in fact undermine popular sovereignty as "a viable conception of democracy" but it is not doing that and in fact, in a globalized world that is increasingly interdependence needs a new kind of democracy. The new sovereigntists' views are normative while Goodhart's are more along the lines o positivism. Basically, Goodhart argues that
Globalization arguably began even before Marco Polo’s expeditions, possibly being traceable to Alexander the Great’s establishment of overland routes between Eastern Europe and India. The assumption that globalization equals Americanization is profoundly arrogant, and is also ignorant of the history, meaning, and implications of globalization. Globalization implies integration and interdependence of the world. Predating the United States of America, globalization nevertheless reached a peak in the 20th century, when a
Globalization The term "globalization" is a debatable one. Some view globalization as a process that is beneficial -- fundamental to future world economic development -- and also inevitable and irreversible (IMF, 2000). Others regard it with hostility, and sometimes fear, arguing that it increases inequality within and between nations, threatens employment and living standards and disturbs social progress. This paper offers an overview of some aspects of globalization and aims to
Globalization=Western Imperialism Modern science and all the various process that are involved with the modernization process evolved because of the progress made by the western countries and the progress made in the field of science, medicine and the notions held in respect of human rights and liberty. There are several sections of individuals who state that dissatisfaction that people seem to have is that they are troubled with their daily life.
Thus, globalization may have several drivers, factors, and aspects that may pose challenges to a nations strength, power and sovereignty. There may be strong influences from private entities, TNCs and MNCs for the government of a nation-state to formulate policies beneficial to these groups. Then there are the international monetary agencies such as the World Bank and IMF whose policies also undermine governments. All these are strong influences to