The State Sovereignty and Globalization : How do these two aspects exist concurrently? I37003 ChaeEun Park 0 Introduction State Sovereignty -Internal state sovereignty: supreme authority within one’s territory -External state sovereignty: equal independence of each state without intervention of other states 15% 상승 Globalization : a process of interaction and integration among the people, companies, and governments of different nations, which is driven by international trade and investments 1 Questions Q1. How has globalization weakened sovereignty? Q2. 15% 상승 Why / How does the state still persist? 2 Outline 1) Globalization of Economy – Q1. the aspects of globalization – Q2. why does the state still exist? 2) Globalization of Politics – Q1. the aspects of globalization – Q2. why does the state15% still exist? 상승 3) Discussion 3 Globalization of Economy - Multinational corporations such as Apple and Samsung - Free Trade Agreement (FTA), Regional Trading Agreement (RTA) 15% 상승 4 Globalization of Economy - Authority of government to impose or deduct tax, and give incentive to firms Ex. Singapore - A state is a basic unit for membership of Trading Agreement Ex. Trans-Pacific Partnership (TPP) 15% 상승 5 Globalization of Politics - Humanitarian Intervention, Responsibility to Protect (R2P) Ex. US Intervention in Libya - Global environmental crisis Ex. United Nations Framework Convention on Climate Change (UNFCCC) - Global financial crisis Ex. The 2008 Financial Crisis 15% 상승 6 Globalization of Politics - Criticism on humanitarian Intervention: Why is it inconsistent? - Certified Emission Reduction (CER) Carbon Credit : selling and buying a right among countries - National politics as a method to overcome the crisis Ex. Korean economic crisis in 1997 15% 상승 7 Discussion - Do you have any personal experience or case study on the state sovereignty in this era of globalization? - Do you think the state still plays an important role? And why? 15% 상승 8 Thank You 9