To what extent has globalization had an impact on state sovereignty?

Some suggest that nation state is still the dominant performer, other argue that state sovereignty is being undermined by non- state factors such as globalization. To answer to the question to what extent has the sovereignty of the nation-state been undermined by globalization, it is essential to look on the general definition of both terms. According to the more or less objective definition of globalization [there are many pessimistic and positive views of globalization], it is a term which illustrate the worldwide spread of influences of phenomena, such as culture, religion, language, transport, media, health concerns, technology and environmental concerns. Broadly speaking, state sovereignty is a supreme, absolute and uncontrollable power by which an independent state is governed without foreign interference. In this sense, internal aspect refers to the ultimate source of authority within a state. Basically, there are two dimensions of sovereignty in course of political sense, namely internal and external sovereignty. Internal sovereignty shows exclusive political control, where state government is the ultimate source of legal and political power. Externally, sovereignty means that other governments have no right to interfere in that state’s affairs. An example in the course of undermined external sovereignty can be present the UK, where sovereignty was compromised by European Union, Devolution, UN, WTO and NATO. However, the Parliament is omnicompetent, therefore it is important underscore other aspect which can probably undermine state sovereignty today in course of globalization. An example of this could be the rapidly increasing numbers and pressure by Multi National Corporations (MNC), namely massive decisions made by IMF and WB, also the consequences of dominant role of United Nations