How does economic globalization does NOT affect sovereignty of the state?
I am Brazilian and I can give the example of Brazil. When there was the recent economic crisis due to globalization there was the fall of the savings in cascade. Brazil was isolated and it lowered for 0 (I reduce to zero) the tax on vehicles auto-motors, refrigerators, washing machines, stoves and appliances in general. in spite of the world economy they continued falling the Brazilian economy grew, impelled by the domestic consumption.
