Sovereignty

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Related to Soverignty: State sovereignty, National sovereignty

Sovereignty

The legal right of a state to govern its own affairs in its own territory without outside interference. Sovereignty may reside with an individual (such as a monarch, sometimes known as a sovereign), a body (such as a parliament) or with the populace as a whole. The notion of sovereignty is less clear in federal governments like the U.S. and Canada, as sovereignty is split between the national government and the regional governments. This is a matter of considerable controversy in some countries.
References in periodicals archive ?
State Soverignty as Social Construct, Cambridge, Cambridge University Press, 1996, s.
The US want the sole right but Iraq is holding out for some legal jurisdiction in order to maintain national soverignty.
in EMCs; reluctant admission that system may tend to crisis Financial stabilizers Existing global financial system is inherently prone or crisis Antiglobalizers Global capitalism undermines national soverignty and democracy Preferred View Solution(s) Laissez-faire liberalizers Rapid, full global financial liberalization; many would abolish IMF, World Bank Transparency advocates Increase transparency; permit EMCs longer phase into full financial liberalization Financial stabilizers Enhanced system-level initiatives (LLR, regional currency arrangements, world bankruptcy coart, Tobin tax, etc.