Globalization and the sovereignty of nation-states in Africa

Essay from the year 2019 in the subject Politics - Topic: Globalization, Political Economics, grade: 80, University of Ghana, Legon (Department of Political Science), language: English, abstract: This work seeks to examine the various perspectives associated with globalization, as well as the positive and negative implications for the sovereignty of nation-states in Africa. The closer interaction between and among states is not a recent phenomenon. It particularly became popular when the victors of the WW2 came together in purpose of enhancing global peace and security, economic growth and reconstruction of the European economies that have fallen into the dark abyss of economic cacophony. It is against this background that the United Nations (UN) was erected to substitute the failed League of Nations. The Bretton Woods¿ institutions, International Monetary Fund (IMF), World Bank (WB), and General Agreement on Tariffs and Trade (GATT), which later metamorphosed into World Trade Organization (WTO) in subsequent years (1947) were created as a regime to regulate international trade. It must however be noted that many have ascribed such interactions between and among states to the event of globalization. Globalization has become some kind of "buzz word" used by people of all walks of life. Perhaps, it is one of, if not the most promiscuous concept in international relations.