What is the relationship between globalization and sovereignty?

The sovereignty; or the legitimate abiity to exercise effective control of a territory within its recognised borders is being compromised by the involvement in multilaterial organisations and transnational agenices of particular states. Individual states often have to 'give up' their right of imposing certain policies or withstanding certain laws because of these agencies. The UN exemplifies this. States have to often give up their economic sovereignty by removing trade barriers and tarrifs from their global trade. Furthermore, the UN's committee system presents another threat to states. The committee is responsible for observing and then critcising if necessary, the actions and decisions of a member state. The states often complain that their sovereignty is under threat from the findings of the committee. Another example is of the European Union. It threathens state sovereignty by imposing laws and polices that haven't directly been created and passed by individual governments. Futhermore, the EU allows regional governments within states to become directly involved and active in the European political arena. This is achieved by the various types of aid provided to regional governments by the Union's authorities, which sometimes bypass the central governments of states.