What is the role of the state in the era of globalization?
Understand the Problem
The question is asking about the functions and responsibilities of the state in the context of globalization, including how states interact with global markets, international laws, and transnational issues.
Answer
The state regulates global interactions and maintains domestic duties.
The state plays a regulatory role in global interdependence, managing international commerce policies while maintaining domestic responsibilities. It acts as a promoter and regulator in the global economy.
Answer for screen readers
The state plays a regulatory role in global interdependence, managing international commerce policies while maintaining domestic responsibilities. It acts as a promoter and regulator in the global economy.
More Information
Globalization has altered the role of the state by necessitating collaboration and competition on a global scale, creating more interaction among different societal systems.
Tips
Avoid assuming that globalization removes the state's power; it often shifts or refocuses the state’s role instead.
Sources
- The web page with info on - Example Source - investopedia.com
- The State and Globalisation - E-International Relations - e-ir.info
