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Globalization: A Rapidly Changing Field

Globalization confronts all of us, even casual observers, with a bewildering range of observations. One does not have to go far to take notice of these events. At the time of this writing, the European Union (EU) contemplates the rescue of Greece from its budgetary troubles; Iceland, as close to sovereign bankruptcy as a country can get, is struggling with repayment of its huge external debt to the Netherlands and Great Britain; and the hugely successful private company, Google, is considering pulling out of China because of Chinese censorship and human rights violations. German and American fiscal authorities do battle with individuals who would escape the control of national taxation systems by putting money outside the reach of their own ...

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