This paper offers a critical complex analysis of the aspects of the globalization phenomena in different fields of human activities, such as politics, economics, social sphere. In addition, this research paper seeks to measure the impact that the globalization has on the the paradigm on national sovereignty
Global interaction has resulted to a marked reduction in political instruments effectiveness available for any government. The transfers of ideologies, cultural intercourse, sharing of commodities, capital and services have led to e border controls becoming less restrictive.
There is an argument that globalisation is linked to neo-liberalism as well capitalism, which, seem to have generated a debate on whether the notion encourages wealth or self indulgence.
Globalization has a big influence in geopolitics in terms of raising warfare costs through economic integration and other ways. At the same time, it creates new power sources beyond the classic military of tanks, planes and missiles thereby creating a new pressure source on nations to change the normal organization ways.
Exchange rate, trade balance, rising investment transnationalization, production, and consumption basically now tend to determine any economic policy.
Globalization has transformed the paradigm on national sovereignty by making it hard for the state to capture any historical time by tradition appropriation and national identity construction and reconstruction.