In one sense, globalization existed long before the days of Marco Polo. In another sense, it has barely commenced (if we’re talking of global globalization), since the vast majority of trade still takes place among only a very few nations. Yet, globalization seems in many ways to be one of the most pressing concerns of the early 21st century, an issue that makes for heated debate.

Does globalization lead to good governance? In striving to answer this question, the essayists in this Special Report join a worldwide discussion that is crucially important to any nation mapping out an economic strategy.