This text reports on a fundamental economic policy shift in transition and developing countries after the mid-1980s. Since that time the liberalization of international trade and finance has been among the principal forces for increasing global integration. Looking at the experiences of nine countries - Argentina, Columbia, Cuba, India, Mexico, Russia, Korea, Turkey, and Zimbabwe - and the often negative effects that liberalization has had on them, the contributors include policy recommendations for often-overlooked problems and challenges posed by globalization.
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