Globalization, Sovereignty, and Democracy

Bhagwati, Jagdish N.

"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?"


More About This Work

Academic Units
Department of Economics, Columbia University
Department of Economics Discussion Papers, 723
Published Here
February 28, 2011


March 1995