A WORLD WITHOUT BORDERS
Globalisation can be defined as the process in which the connectivity and interdependence between markets and businesses increases. It means that as economies become more interconnected, more opportunities arise. This process has been questioning the idea of national boundaries. Should there be boundaries between countries? Are they necessary? Boundaries have certain functions such as demarcating the territorial limits of a state’s jurisdiction and authority, the regulation of movement of people, capital, commodities and information between state territories and the assignation of an identity and citizenship. Are these functions being replaced by globalisation and business movements? The end of boundaries is not nigh.
Firstly, one of the main functions of boundaries or national borders is, as said, the demarcation of the territorial limits of a state’s jurisdiction and authority. A state is sovereign by right. Borders are powerful symbols of the state’s power. It means that the government has the legitimate right to exercise coercion. When it comes to globalisation differences arise such as the meaning of sovereign to nations inside different territories. It is usually seen by national institutions with different points of view as to what sovereign means and depending of what constraints they might have. Boundaries cannot be erased to create a global community when there is no agreement about who is sovereign, where and how. Businesses would certainly be benefited by this as there would be no constraints for their transactions. No taxations and no sticking by national rules when having a company abroad.
The second function of boundaries is the regulation of movement of people, capital, commodities and information that goes inside or outside territories. It is true that due to globalisation many barriers are not efficient to regulate the movement of capital, and mostly information, but when it comes to the regulation of the movement...