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Globalization and the challenge to democracy

Globalization and the challenge to democracy This paper argues that the process of globalization represents an involuntary constraint on the sovereignty of decision making in a country. To this extent globalization may appear to be inimical to democracy which represents the sovereign will of the people. Countries with weak democratic institutions and undiversified, externally dependent economies, are particularly vulnerable to the pressures of globalization. The extent to which a country can cope with globalization depends on the strength of their democratic institutions and their capacity to structurally diversify their economies. Strengthening democracy and widening the incidence of benefits from globalization will serve to enhance the legitimacy and sustainability of the process. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Development Issues Emerald Publishing

Globalization and the challenge to democracy

International Journal of Development Issues , Volume 2 (2): 14 – Feb 1, 2003

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1446-8956
DOI
10.1108/eb045831
Publisher site
See Article on Publisher Site

Abstract

This paper argues that the process of globalization represents an involuntary constraint on the sovereignty of decision making in a country. To this extent globalization may appear to be inimical to democracy which represents the sovereign will of the people. Countries with weak democratic institutions and undiversified, externally dependent economies, are particularly vulnerable to the pressures of globalization. The extent to which a country can cope with globalization depends on the strength of their democratic institutions and their capacity to structurally diversify their economies. Strengthening democracy and widening the incidence of benefits from globalization will serve to enhance the legitimacy and sustainability of the process.

Journal

International Journal of Development IssuesEmerald Publishing

Published: Feb 1, 2003

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