Prominent economists analyze the impact of the emerging global economy on national sovereignty and standards of living.

1. Introduction Dean Baker, Gerald Epstein and Robert Pollin; 2. The revival of the liberal creed: the IMF, the World Bank and inequality in a globalized economy Ute Pieper and Lance Taylor; 3. India: dirigisme, structural adjustment and the radical alternative Prabat Patnaik and C. P. Chandrasekhar; 4. Globalisation, transnational corporations, and economic development: can the developing countries pursue strategic industrial policy in a globalising world economy Ha-Joon Chang; 5. Multinational corporations in the neo-liberal regime James Crotty, Gerald Epstein and Patricia Kelly; 6. Implications of globalization for macroeconomic theory and policy in developing countries Amit Bhaduri; 7. Asia and the crisis of financial globalization David Felix; 8. Globalization and financial systems: policies for the new environment Marc Schaberg; 9. Housing finance in the age of globalization: from social housing to life cycle risk Gary Dymski and Dorene Isenberg; 10. Openness and equity: regulating labor market outcomes in a globalized economy Jim Stanford; 11. Integration and income distribution under the North American Free Trade Agreement: the experience of Mexico Mehere Larudee; 12. Malthus redux? Globalization and the environment Eban Goodstein; 13. Freedom to move in the age of globalization Bob Sutcliffe; 14. Immigration, inequality and policy alternatives Greg DeFreitas; 15. Notes on international migration suggested by the Indian experience Prabat Patnaik and C. P. Chandrasekhar; 16. The NAIRU: is it a real constraint Dean Baker; 17. Internal and external constraints on egalitarian policies Andrew Glyn; 18. The effects of globalization on policy formation in South Africa Laurence Harris and Jonathan Michie; 19. Can domestic expansionary policies succeed in a globally integrated environment? A consideration of alternatives Robert Pollin.