Globalization may need defense, but it also needs reform. The authors tell us the story so far and go on to propose ways and means of getting to a happier ending. The ways identified, based on fine empirical assessment, certainly deserve our serious attention. -Amartya Sen, Nobel Prize for Economics, Lamont University Professor and Professor of Economics and Philosophy, Harvard University This book cuts through the confusion of many discussions of globalization. In particular, it gives a clear definition in terms of the basic flows that embody interaction among countries, including trade, migration, and so on. This provides a clear analytical framework for analyzing the impact of globalization on development and thus on reducing poverty. It is a first class piece of work and a 'must-read' for those seeking clarity on one of the great issues of our time. -Sir Nicholas Stern, Head of Government Economic Service, United Kingdom This book is essential reading for anyone interested in globalization and development. It provides important new insights and perspectives into how global flows of finance, trade, migrants, and ideas shape development and advances the debate by identifying urgently needed policy changes for a more inclusive globalization. -Joseph Stiglitz, Nobel Laureate in Economics and Professor of Economics, Columbia University, New York