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9699 · 7.3

Globalisation, power and politics

**Global power** (7.3) completes Topic 7. Balance **optimist** and **critical** accounts of global governance.

Need to know

What you need to know

  • The traditional nation-state is defined by sovereignty within its borders.
  • Hyperglobalists argue that globalisation erodes state sovereignty, leading to a 'borderless world'.
  • They believe economic power (TNCs, global markets) has become more significant than the political power of states.
  • A key theorist associated with this view is Kenichi Ohmae.

Explanation

Globalisation, power and politics

  1. The traditional nation-state is defined by sovereignty within its borders.
  2. Hyperglobalists argue that globalisation erodes state sovereignty, leading to a 'borderless world'.
  3. They believe economic power (TNCs, global markets) has become more significant than the political power of states.
  4. A key theorist associated with this view is Kenichi Ohmae.
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