Abstract

The author attempted to challenge the sufficient influence of globalization on functioning of the state in internal and foreign sphere and on the matter of loss of state sovereignty. The research of the undisputable but still ambiguous globalization process enabled finding a lot of practical arguments allowing for the conclusion that the in the scenario of future development there will be starring the powerful states and their national interests and their power will only grow due to the economic integration. The role of the national governments does not lessen; it just alters according to the globalization challenges connected first of all with attempts of the private capital to regulate the transnational activity, state authority and international organizations. Future world policy will be featured by struggle of two opposite trends; strengthening of the sovereignty, on the one hand, and its erosion or restrictions on the other. Moreover, these trends will be often implemented into politics of number of states pursueing strategic goals. However, this does not contradict to the idea that the state still remains principal participant of the international relations and that the sovereignty remains its attributive feature and a basic principle for constructing the international relations.