Abstract:
Globalization represents the reality that we live in a time when the walls of
sovereignty
are no protection against the movements of capital, labour,
information and ideas nor can they provide effective protection against harm
and damage. This declaration by judge Rosalyn Higgins, the former president of the
Internation
al
Court of justice, presents the contravention
al
wisdom about the
future of global governance. Many view globalization as a reality that will
erode or even eliminate t
he sovereignty of nation-states.