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On the Transfer of Sovereignty in the Course of Economic Globalization

Jian Liu

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Abstract

In order to share the achievement of economic globalization, the countries have to transfer part sovereignty in economic management, policy decision and jurisdiction. The developing countries that are unfavorable position in the course of economic globalization will foster new standpoint of sovereignty, persist in equality of sovereignty and safeguard interest of country in order to protect themselves sovereignty and independence.

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What this paper is about

In order to share the achievement of economic globalization, the countries have to transfer part sovereignty in economic management, policy decision and jurisdiction. The developing countries that are unfavorable position in the course of economic globalization will foster new standpoint of sovereignty, persist in equality of sovereignty and safeguard interest of country in order to protect themselves sovereignty and independence.

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Available abstract

In order to share the achievement of economic globalization, the countries have to transfer part sovereignty in economic management, policy decision and jurisdiction. The developing countries that are unfavorable position in the course of economic globalization will foster new standpoint of sovereignty, persist in equality of sovereignty and safeguard interest of country in order to protect themselves sovereignty and independence.

Key concepts: Sovereignty, Globalization, Jurisdiction, Economic globalization, Order (exchange), Independence (probability theory), Position (finance), Political science

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