Globalization and the Transformation of National Sovereignty in the Western and Non-western States
The process of globalization undoubtedly contributes to the change and reduction of the scope of state sovereign powers. We consider these transformations to be among the most important ones. However, this is a bilateral process. On the one hand, some factors that fairly undermine the states' sovereignty are strengthening, on the other, most states voluntarily limit the scope of their sovereignty including their rights to determine taxation rates, monetary emission etc. Yet, the basic trends of voluntary reduction of the scope of sovereign prerogatives are very different in Europe, the USA, the Islamic world, Far Eastern states, other non-Western regions. We argue that among the range of factors influencing the process of sovereignty transformation, the factor of voluntary reduction of the scope of sovereignty appears to be of utmost importance. The future of non-Western cultures much depends on the way this process will proceed.