The impact of globalization is felt first and foremost in economic life. The globalization of the economy refers to the increasing integration and interdependence of all realms of economic life, including trade, finance, production, and consumption. Debates about economic globalization include whether integration has helped or hindered the plight of poor people around the globe; whether jobs lost to 'outsourcing' really contribute to the health of an economy by lowering end-users' costs; whether business and accounting practices and principles (so-called 'corporate governance' issues) developed in one social context can be transferred and utilized productively across national boundaries; and whether government policies should promote foreign direct investment in every sector of the economy or whether some sectors should be protected for the benefit of domestic companies. The following articles have been assembled to shed light on these and other related issues.