This study examines how poor economic management have limited Liberia's ability to exert its sovereignty and vice versa. It explores the struggles that have confronted Liberia's political and economic governance and also highlights the complexities that forms the core of existing disgruntlements within the present global frameworks for international trade, investments and governance. The central claim is that poor regulatory frameworks, dysfunctional institutions and low human capacities have opened the country up to exploitation and maneuver by foreign companies. In particular, the study asserts that FDIs/concessions, could generate greater benefits to the country or its people, if regulated properly.