The Many Faces of Today's Globalization: A Survey of Recent Literature

What is globalization? How does it operate and what are the risks and opportunities associated with globalization? Do all countries benefit from economic globalization? Can globalization spur economic growth and promote liberty or does it accelerate a "race to the bottom" and is it a threat to global stability and peace? Going beyond the polemics, this paper, by drawing on a large body of scholarship provides a nuanced discussion of a multifaceted reality of our time: globalization.