From free trade to globalization uncovering the mist of 21st century

Download or read book From free trade to globalization uncovering the mist of 21st century written by José Alberto, Pérez Toro and published by Editorial Tadeo Lozano. This book was released on 2016-03-14 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much has been written about globalization as an economic and political concept. The academic debate looks forward for explanations about the historical roots and development of this emerging phenomenon where the Nation-State’s evolved into a system where nations are ruled by the dynamics of global interdependence. Globalization in the new era is characterized as a process where geographical, political and cultural borders tend to dissolve. The Westphalia notion of sovereignty capitulates against the principle of political subordination as integration of local power ensuring national legitimacy.