Globalisation, power and politics

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.