Outlines the history of the expansion and globalization of national economies and explains how globalization evolved. This volume reviews issues surrounding globalization, and presents case studies on several countries - including the US, East Asia, Brazil, Russia, and China - to illustrate promise and the problems inherent in globalized markets.

Natalie Goldstein is a freelance writer who has written numerous books for the educational market, including textbooks and teacher's guides for middle schools and encyclopedias for high schools. She lives in Brooktondale, New York. Frank W. Musgrave is director of the Southern Tier Center for Economic Education and professor of economics at Ithaca College in New York. He obtained an M.B.A. and a Ph.D. from Rutgers University, where he was a Walter Russell Scholar. His published books include The Economics of U.S. Health Care Policy: The Role of Market Forces and How to Prepare for the AP Micro/Macro Economics Exam, among others. He lives in Ithaca, New York.