Each state now finds it essential to accept the rules of international economic system, the WTO, the World Bank and the IMF. While its functions have undergone a change, the world has now 193 sovereign independent and equal sovereign nation-states. Globalization refers to the process of integration of national economies, technologies, cultures, and trade, which produces complex relations characterized by mutual interdependence (Nye and Donahue 2000). State sovereignty continues to be intact in its internal and external dimensions. While some of them, the ‘die-hard pluralists’ accept it as useful and ideal, some others, the ‘die-hard nationalists’ regard it as an undesirable and harmful development. What is hit is the isolationalist nature of the persons who are ruling a nation. TOS 7. Before publishing your articles on this site, please read the following pages: 1. Globalization has changed the role of the state politically because of strengthened interstate relationships and dependence on one another. The state continues to be sovereign state and its sovereignty continues to be comprehensive, permanent and absolute. Six main impact of Globalisation on the Sovereignty of the State are as follows: 1. IT revolution and development of fast means of transport and communications have been together making the world a real Global Community which, now appears to be developing towards a global village. The role of the state in the economic relations has undergone a big change. Six main impact of Globalisation on the Sovereignty of the State are as follows: The acceptance and march of the process of liberalisation-privatisation has acted as a source of limitation on the role of the state in the economic sphere. Advancements in technology have made the flow of information, capital, labor and other factors of production considerably effortless. People continue to live and enjoy their lives as citizens of their respective states. Globalization has had a dual effect on the sovereignty of the nation-state. Copyright 10. It has got reduced. Image Guidelines 5. Plagiarism Prevention 4. It is a misconception that globalization affects sovereignty adversely. However, the strength being gained by movement for international peace and peaceful coexistence as the way of life has tended to reduce the importance of military power of the state. The loyalty towards their respective states continues, but now they do not hesitate to oppose those policies of their states which, they feel, are not in tune with the demands of globalisation. Thus, Globalisation and several other factors have been together responsible for putting pressure on the sovereignty of the state. Several international conventions and treaties have placed some limitations upon all the states. Disclaimer 9. The idea of the impacts of globalization on the erosion of national boundaries and state sovereignty has been controversial. Prohibited Content 3. Increasing international inter-dependence has compelled the state to accept limitations on its external sovereignty. Report a Violation, Globalisation: It’s Impact on Functions of State, Sustainable Development: Introduction, Meaning and Other Details. Content Guidelines 2. The new needs for global level economic and trade integration, protection of environment, protection and security of all human rights of all, the need to collectively fight the menace of international terrorism and the need to fight a collective war against poverty, hunger, disease and under- development have changed the role of state in the 21st century. Yet, simultaneously, economic integration has limited the range of policy options available to states. 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