Globalization has become one of the most (hotly) debated issues eliciting both great enthusiasm and deep concern. On the one hand, it is argued that it leads to economic growth and prosperity for nations while on the other side, many argue that it only increases the “disparity between the rich and the poor,” [456] and diminishes the power of the states. In this essay, I will analyze the question: how globalization challenges the liberal and realist assumptions regarding the state and what new security concerns globalization brings with it? In other words, I will argue that globalization challenges the liberal and realist assumption of the state as being the main actor because in this era, neo liberal economic policies are being implemented all around the world which has lead to the rise in power and spread of multinational corporations. Globalization also challenges the liberal assumption of ‘absolute sovereignty’ of a state because the spread of communication technology has......

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Title: Globalization And Its Challenges To Liberal And Realist Assumptions Regarding The State And New Security Concerns
Approximate Word Count: 2059
Approximate Pages: 9 (250 words per double-spaced page)

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