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.

Zimbabwe’s Slow-Burning Crisis Could Affect Africa Donald Steinberg YaleGlobal, 30 June 2009 Unless the world comes to Zimbabwe’s help, the impact of its failure will be felt far and wide

The China Barrier Nayan Chanda Businessworld, 26 June 2009 While the world had welcomed Chinese exports, there is resistance to its role as a global investor

Fading of the Dollar’s Dominance Anthony Faiola The Washington Post, 26 June 2009 The dollar’s demise: is it for real this time?

From General to Government Motors: Can GM Return to its Former Glory? William J. Holstein YaleGlobal, 25 June 2009 Is a healthy GM a vote for globalization?

Can Governments Till The Fields Of Innovation? Steve Lohr The New York Times, 24 June 2009 Will government’s role in innovation spur or spurn it?

Soft Market for Cashmere Takes Toll in China Keith Bradsher The New York Times, 22 June 2009 The global economic crisis touches one of the oldest professions: goat herding

Economic Downturn Fuels Human Trafficking Howard LaFranchi The Christian Science Monitor, 22 June 2009 Is it the global recession, more profits, or different data collection that has led to a rise in human trafficking?

The Great U-Turn Patrick Barta and Joel Millman The Wall Street Journal, 18 June 2009 Immigrants and the global economic crisis: now the grass is greener at home

Overseas, Under The Knife Arnold Milstein and Mark D. Smith and Jerome P. Kassirer The New York Times, 16 June 2009 Medical tourism may lead to healthier patients if not a healthier medical system

The Goodness of Globalisation Lord Mandelson The Business Times, 15 June 2009 Resist protectionism by helping developing countries integrate into the global economy

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