The process of economic integration however carries with it inherent qualities which seem to be incompatible with the principles of sovereignty and democracy. This paper shall discuss this incompatibility in the Central Eastern European (CEE) region, in the hope of coming up with a clear and comprehensive assessment of the region and on the application of globalization practices.
There is a mutual incompatibility of deep integration, national sovereignty and democracy in the CEE region because of the inherent qualities of independent and sovereign states which set them apart from each other. National sovereignty refers to the right of a state in relation to its territories to perform, “to the exclusion of any other state, the functions of a state” (Strange, 1996, p. 45). Integration, to some extent, demands that sovereignty be given up or relinquished to the region or to the global market. The CEE region is a region which is mainly composed of post-communist countries from Czech Republic to Russia (BlogCamp, 2008). In some instances, it is also known as the emerging or the new Europe in the sense that it is slowly emerging in the current digitized world. For example, Ukraine manifested a 100% annual growth of online advertising market for two years in a row (BlogCamp, 2008). The growth of the region in terms of internet usage and economic advances will be considered in the area of Eastern Europe (Russia, Ukraine, Belarus, and Moldova); Central Europe (Poland, Czech Republic, Hungary, and Slovakia); Baltics (Estonia, Latvia, and Lithuania); and Eastern Balkans (Romania and Bulgaria) (BlogCamp, 2008).
In the previous year, analysts were keen to note that the region was headed towards a regional crisis which was very like the East Asia crisis towards the end of the 90s. The crisis showed that the region was rife with problems in its regional