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ABSTRACT: Globalization began in the late 1970s, shifted into "hyperglobalization" in the first decade of the twenty-first century, hit "peak globalization" around 2011, and has in the past 10 years given way to "de-globalization," characterized by nationalism and protectionism. The rules of globalization were built on a theory of competitive markets, while the world was in fact riven with growing asymmetries of power and a strong policy bias toward capital. This bias must be eliminated if the global economy is to become more democratic and sustainable as we emerge from this moment of de-globalization.

Argues that globalization is here to stay in spite of rumors of its demise. The contention that globalization is not new but simply the continuation of a long-term process is challenged to point out its many unprecedented characteristics & the never-seen-before possibilities it has opened for humanity. The enormous quantitative changes in economic, cultural, & military components wrought by globalization have created qualitative changes. Claims that globalization is designed to spread American values/interests are belied in light of the global spread of such things as Japanese sushi, Latin American telenovelas, & fundamentalist Islam. It is maintained that globalization has paved the way for new rivals to contest American hegemony & power politics continue to thrive. Consideration is given to debates about the link between globalization & inequality & whether globalization has made the world a safer place. The most dangerous deficit currently facing humanity is described as the "gap between the need for effective collective action at the global level & the ability of the international community to satisfy that need.". J. Lindroth

Are countries improved by globalization? -- Are multinational corporations unethical? -- Does cultural globalization positively impact communities? -- Does economic globalization contribute to poverty? -- Organizations to contact -- Bibliography -- Index

Introduction -- Historical timeline -- Globalization nation : early history of globalization and origins of the American experiment (1607-1776) -- Slavery in the old and new worlds : the Atlantic slave trade and African globalization (1500-1865) -- Letting off steam : steam power and the beginnings of climate change (1690-1900) -- To tariff or not to tariff : tariffs and the strategy of economic protectionism (1789-present) -- An international calling plan : communications breakthroughs from the telegraph to the telephone (1830-1891) -- Internationalism : globalization in the Progressive era (1870s-1910) -- The origins of flight : air travel from ancient China to Charles Lindbergh (1000 BCE-1939) -- The world at war : the First World War in American culture (1914-1918) -- The revolution will be broadcast : radio, television, and the foundations of the digital age (1865-present) -- The world depressed : the Armistice, the Great Depression, and global economy (1929-1939) -- The world goes back to war : America and the Second World War (1939-1945) -- Global super government : the founding of the United Nations and global government (1941-1945) -- One big bank : the establishment of the World Bank and the International Monetary Fund (1933-1944) -- A global medical system : the establishment of the World Health Organization (1948) -- Collective defense : the North Atlantic Treaty Organization and the making of the modern military world (1949-present) -- Destroying the world : the Cold War and the nuclear arms race (1957-present) -- Out in the big wide open : the space race and the chance for universal peace (1957-1975) -- A series of tubes : the Internet and the digital age (1962-present) -- A shared world : global environmentalism and climate change (1971-present) -- Global consumerism : the evolution of global consumerism (1940s-present) -- Black gold : the fossil fuel industry (1950s-present) -- Regionalism : the formation of regional associations (1980s-present) -- The trade enigma : the history of the World Trade Organization (1940s-present) -- The world workforce : outsourcing and the modern world of work (1980s-present) -- The fear of extinction : the War on Terror and the spread of right-wing radicalism (2000s-present) -- The anti-globalist paradox : the modern anti-globalist movement (2010s-present) -- The poor world : globalization and poverty (2010s-present) -- Critical mass : the Covid-19 crisis and globalization (2019-2020) -- Conclusion : investing in the future -- Appendixes.

Discusses the controversial viewpoints regarding globalization.

Intro -- GLOBALIZATION BACKGROUND, AGREEMENTS AND CURRENT ISSUES -- GLOBALIZATION BACKGROUND, AGREEMENTS AND CURRENT ISSUES -- CONTENTS -- PREFACE -- Chapter 1 EUROPE'S PREFERENTIAL TRADE AGREEMENTS: STATUS, CONTENT AND IMPLICATIONS -- Summary -- Introduction -- Status and Primary Motivations of Europe'sPTAs -- Agreements with Future EU Members or Close Neighbors -- Acceding Countries -- European Free Trade Association (EFTA) -- Western Balkans -- Other European Agreements -- Agreements with Bordering or Near-Bordering Countries -- Mediterranean Countries -- Gulf States -- Ukraine -- Agreements with Developing Countries -- ACP Countries -- Generalized System of Preferences -- Agreements with Distant Countries and Regions -- Regional Agreements -- Andean Community and Central America -- ASEAN -- MERCOSUR -- Bilateral Agreements -- Canada -- Chile -- India -- Mexico -- Republic of Korea -- South Africa -- Comparing U.S. and EUPTAs -- Overall Approaches -- WTO-Plus Provisions -- WTO-Extra Provisions -- Trade Coverage -- Trade Competition -- Implications for the Multilateral Trading System and U.S. Trade Policy -- Multilateral Trading System -- No Impact -- Positive Impact -- Negative Impact -- U.S. Trade Policy -- FTA Controversy -- Impact of EU-Korea and EU-Canada FTAs -- Conclusion -- Appendix. EUPTAs -- Acknowledgments -- Chapter 2 NATO COMMON FUNDS BURDENSHARING: BACKGROUND AND CURRENT ISSUES -- Summary -- Introduction -- NATO Civil Budget -- NATO Military Budget -- NATO Security Investment Program -- Common Funds Burdensharing Issues -- Chapter 3 MONITORING AND VERIFICATION IN ARMS CONTROL -- Summary -- Introduction -- Monitoring and Verification in Arms Control -- The Components of a Verification Regime -- The Objectives of a Verification Regime -- Assessing Verifiability

What is generally called globalization is a vast social field in which hegemonic or dominant social groups, states, interests and ideologies collide with counter-hegemonic or subordinate social groups, states, interests and ideologies on a world scale. Even the hegemonic camp is fraught with conflicts, but over and above them, there is a basic consensus among its most influential members (in political terms, the G-7). It is this consensus that confers on globalization its dominant characteristics. The counter-hegemonic or subordinate production of globalization is what is called insurgent cosmopolitanism. It consists of the transnationally organized resistance against the unequal exchanges produced or intensified by globalized localisms and localized globalisms.

Examines the implications of globalization for the international economy and for regulation of the international financial system; 8 articles, Topics include the Asian crisis, women's paid labor in Asia, and drug traffic.