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Redefining the Concept of Sovereignty in a Globalized World Order

In: Social Issues

Submitted By manu99
Words 1264
Pages 6
Proposed Research Work

1. Project Title: Redefining the Concept of Sovereignty in a Globalized World Order

2. Introduction
The theme of the present paper is to analyze the effect and impact of globalization on the sovereignty of states. While pointing out the effect, impact and even the need of globalization, albeit in a structured pattern, in the present era, the author intends to examine the concepts of industrial revolution, neo-liberalization, international corporate governance, millennium development goals, the need for international institutions and the international regulatory framework in different areas like international trade, financial services sector, environmental protection etc., with a view to question the relevance of the traditional concept of sovereignty in the present globalized world.

* Origin of the research problem:
Research Question
Whether the traditional concept of sovereignty of states has undergone a sea change in the wake of massive globalization? The Industrial Revolution which is referred to the period from the 18th to the 19th century brought the winds of change during which major changes in agriculture, manufacturing, transport, and technology had a profound effect on the socio-economic and cultural conditions of the human race. Starting in the United Kingdom, and then subsequently spreading throughout Europe, North America, and eventually the world, the Industrial Revolution is the most important event in the history of humanity since the domestication of animals and plants. In the two centuries following 1800, the world's average per capita income increased over 10-fold, while the world's population increased over 6-fold. While international trade has been present throughout much of history, its economic, social, and political importance has...

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