What is a significant impact of economic globalization?

Economic globalization refers to the process by which economies and cultures around the world become more interconnected through trade, investment, and technological advancement. A significant impact of this phenomenon is the diminished ability of states to pursue independent defense production strategies, as countries increasingly rely on global supply chains and international partnerships for national security capabilities.

With defense production becoming more globally integrated, states find themselves dependent on international cooperation for technology transfers, resource allocation, and the shared production of defense materials. This interdependence means that relying solely on domestic production for defense capabilities is less feasible, as states must navigate the complexities of international relations, supply chains, and strategic alliances that influence their ability to independently maintain and develop military assets.

This interconnectedness reflects the broader trend of how economic globalization reshapes national sovereignty and decision-making—nations are compelled to cooperate in a globalized defense environment. Such reliance often results in enhanced collaboration on security matters but also brings challenges, as states must manage the trade-offs between national security and global economic relationships.