Seeking reason in the impassioned globalization debate, de la Dehesa examines who stands to win and who stands to lose from the process of globalization, in a style accessible to readers unfamiliar with economic theory.

• Objectively and dispassionately illuminates the emotionally charged globalization debate;
• Acknowledges that the costs and benefits of globalization will not be distributed evenly;
• Details the economic effects of globalization on individuals, governments, nation-states and business;

Assesses the impact of globalization on both labor markets and financial markets, on global economic growth and on income distribution and real convergence between different national economies.