Globalization and Transformation of the Nation State

Some contrastive approaches, which are presented in the social science literature on the analysis of processes proceeding within the framework of globalization, are featured in this article. At the same time some peculiarities of the impact of the globalization on society’s social, political, economic and other spheres, as well as the issues of transformation of the nation state as a result of it, are discussed. In the conclusion it is stated that the globalization processes inevitably transform traditional institution of state which causes both new challenges and new possibilities