In Globalization and Progressive Economic Policy, thirty-six prominent economists analyze the impact of the emerging global economy on our national sovereignty and standards of living. Does globalization cause inequality? Instability? Unemployment? Environmenal degradation? Or is it an engine of prosperity and wealth for the vast majority of the world's citizens? The authors analyze problems, institutions and possible government responses, and conclude that globalization can be a force for good or ill depending on the degree of regulation that governments and citizens can exercise over its trajectory.