<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Globalization has raised the issue of the place and role of the nation state in the world market. The effects of globalization have resulted in the joint effort of some State’s sovereign powers, quite exclusive until recently, which leads to reconsider the concept of state sovereignty, tasks, functions and objectives of the state. Globalization involves reducing the state intervention in the economic matters, but it does not imply the disappearance of the state concept. The integration in the transnational economy necessarily implies the weakening of the nation-state authority, since it must make room for the independent actors.</p></abstract>

Globalization has raised the issue of the place and role of the nation state in the world market. The effects of globalization have resulted in the joint effort of some State’s sovereign powers, quite exclusive until recently, which leads to reconsider the concept of state sovereignty, tasks, functions and objectives of the state. Globalization involves reducing the state intervention in the economic matters, but it does not imply the disappearance of the state concept. The integration in the transnational economy necessarily implies the weakening of the nation-state authority, since it must make room for the independent actors.

State Sovereignty in the Current Economic Context

“Nicolae Bălcescu” Land Forces Academy, Sibiu, Romania

International conference KNOWLEDGE-BASED ORGANIZATION

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"State Sovereignty in the Current Economic Context"}

Globalization has raised the issue of the place and role of the nation state in the world market. The effects of globalization have resulted in the joint...

State Sovereignty in the Current Economic Context

Published Online: Jul 27, 2016

Page range: 126 - 130

DOI: https://doi.org/10.1515/kbo-2016-0023

Keywords
state sovereignty, globalization

© 2015 Daniel Solescu, published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

State Sovereignty in the Current Economic Context

Published Online: Jul 27, 2016

Page range: 126 - 130

DOI: https://doi.org/10.1515/kbo-2016-0023

Keywordsstate sovereignty, globalization

© 2015 Daniel Solescu, published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
state sovereignty, globalization