State sovereignty in the Context of Economic Globalization

As the development trend in the world, the economic globalization exerts great influence on the state sovereignty. It challenges the traditional theory of state sovereignty and causes the latter to share part of the sovereignty with others. But this is not as serious as assumed by some people. Although it questions the traditional theory of state sovereignty, it by no means weaken or even discard the state sovereignty, on the contrary, it consolidates the state sovereignty to some extent.