The Challenges of Globalization
February 2006
The World Bank defines globalization as "the growing integration of economies and societies around the world." Wikipedia, the Internet encyclopedia, describes globalization as "the changes in societies and the world economy that result from dramatically increased international trade and cultural exchange." The British magazine The Economist recently likened globalization to a line from a John Lennon song, "Imagine there's no countries. It isn't hard to do." Clearly, globalization means different things to different people.
In this issue we consider these and other aspects of globalization. The experts we have chosen examine the topic from a variety of angles, yet we offer no prescriptions, no definitive answers: Our goal is for our readers to come away with a better understanding of a deep-seated, complex phenomenon that affects us all.
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