International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 8, Issue 2 (March-April 2026) Submit your research before last 3 days of April to publish your research paper in the issue of March-April.

Globalization's Impact on National Sovereignty and Economic development in Liberia.

Author(s) Mr. John Saah Morlu
Country India
Abstract This article examines the impact of globalisation on national sovereignty and economic development in Liberia. As a small, resource-dependent West African state, Liberia’s engagement with global markets, foreign direct investment, and international institutions has had profound effects on its policy autonomy and development outcomes. While globalisation offers opportunities for growth through increased trade, investment, and access to global networks, it also poses significant challenges to national sovereignty by exposing Liberia to external influences and constraints that limit independent economic policymaking. National sovereignty is the supreme authority of a state to govern itself without external interference. It grants a nation exclusive control over its territory, laws, and political systems. Globalization refers to the increasing interdependence of the world’s economies, cultures, and populations. Driven by cross-border trade, technology, and investment, it facilitates the rapid flow of goods, services, and information. While it promotes economic growth and cultural exchange, it also creates challenges regarding wealth inequality and the erosion of local industries. This principle, foundational to the United Nations Charter, ensures all states have equal legal standing and the right to self-determination in the global international system. Drawing on secondary sources, historical evidence, and contemporary discussions on Liberia’s monetary policy, this study highlights the complex interplay between external integration and domestic policy. The findings suggest that globalisation has had both enabling and constraining effects on Liberia’s sovereignty and development, reinforcing the need for strategic governance frameworks that balance international engagement with robust domestic institutions.
Keywords Globalisation, National Sovereignty, Economic Development, Liberia, Foreign Direct Investment, and International Institutions.
Field Sociology > Philosophy / Psychology / Religion
Published In Volume 8, Issue 2, March-April 2026
Published On 2026-03-03

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