IDEAS home Printed from https://ideas.repec.org/p/sek/iacpro/0701305.html
   My bibliography  Save this paper

Economic Sovereignty

Author

Listed:
  • Aleksandar Savanovic

    (Faculty of Political Sciences, University of Banja Luka)

Abstract

In this paper we analyze one aspect of the standard thesis that the globalization process leads towards desovereignization. For the purposes of this paper we have adopted a narrow definition of globalization as a process of global expansion of capital, primarily financial. The classic design of sovereignty of a nation state is compromised due to the proliferation of capital, and states are becoming less able to resist the power of multinational corporations, both in terms of taking over resources and imposing political decisions. This fact raises the question of the subject of sovereignty: whether governments represent the interests of citizens (people) who, as the source of sovereignty, transfer the executive power to the government or governments must adjust to the interests of anonymous centres of economic power. If the latter is the case, then we obviously encounter a new kind of sovereignty: economic sovereignty.

Suggested Citation

  • Aleksandar Savanovic, 2014. "Economic Sovereignty," Proceedings of International Academic Conferences 0701305, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:0701305
    as

    Download full text from publisher

    File URL: https://iises.net/proceedings/12th-international-academic-conference-prague/table-of-content/detail?cid=7&iid=121&rid=1305
    File Function: First version, 2014
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    globalization; sovereignty; nation state.;
    All these keywords.

    JEL classification:

    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • A10 - General Economics and Teaching - - General Economics - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sek:iacpro:0701305. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klara Cermakova (email available below). General contact details of provider: https://iises.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.