Globalization, Sovereignty, and Democracy

In: https://doi.org/10.7916/D8N304FF

Abstract

"Like everyone else, economists like to break out of the narrowness of their discipline and speculate on a larger theme, painting on a bigger canvas. Like John Kenneth Galbraith, they may even make money while having fun. In the process, they may even illuminate and inform, doing good while doing well. The task I have been assigned is an intellectually challenging one: does the growing globalization of the world economy and the presumed growth then in interdependence promise to constrain national sovereignty; and, does it equally threaten to compromise democratic accountability within nation states?"