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Evolution of the concept of "sovereignty" - is there a place for economic sovereignty in political science?

Author

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  • Solovyev, E.

    (Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences, Moscow, Russia)

Abstract

The article examines the evolution of the concept of economic sovereignty and the key areas of discussion on the aspects of economic sovereignty in a changing world. It is argued that, despite all the disputed points, sovereignty remains the pillar of modern politics. The main discussions on the issue of economic sovereignty revolve around the two key concepts, i.e., that of independence and control. For developing countries, independence means, first of all, regaining control over their own resources. Developed countries are preoccupied with the problem of controlling economic (and technological) processes and resources in the global arena. The concept of economic sovereignty is gaining weight both in research community and in practical politics. The big debate on the issue of economic sovereignty is still ahead.

Suggested Citation

  • Solovyev, E., 2024. "Evolution of the concept of "sovereignty" - is there a place for economic sovereignty in political science?," Journal of the New Economic Association, New Economic Association, vol. 64(3), pages 225-231.
    • Handle: RePEc:nea:journl:y:2024:i:64:p:225-231
    DOI: 10.31737/22212264_2024_3_225-231
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    References listed on IDEAS

    as
    1. Jacques Sapir, 2020. "Basic Principles of Economic Sovereignty and the Question of the Forms of Its Exercise," Studies on Russian Economic Development, Springer, vol. 31(2), pages 129-135, March.
    2. Afontsev, S., 2020. "Politics and economics of trade wars," Journal of the New Economic Association, New Economic Association, vol. 45(1), pages 193-198.
    3. Mark Leonard & Jean Pisani-Ferry & Elina Ribakova & Jeremy Shapiro & Guntram B. Wolff, 2019. "Redefining Europe’s economic sovereignty," Policy Contributions 31321, Bruegel.
    4. E.Yu. Dogadaylo & O.I. Chepunov & S.I. Nosov & O.V. Shmaliy, 2017. "Economic Sovereignty of the Russian Federation under the Current Conditions," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 230-238.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    sovereignty; economic sovereignty; globalization; economic sovereignty of the EU; real sovereignty; developing countries;
    All these keywords.

    JEL classification:

    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • Z18 - Other Special Topics - - Cultural Economics - - - Public Policy

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