This book is wonderful. It presents a very clear history of modern globalization and the role the United States has played in this process. It is currently the best book on explaining the historical conditions that have led to modern globalization.

Gabriel Aquino, Westfield State University

Understanding Globalization reveals the complex, uneven, and often contradictory outcomes of globalization, such as growing economic inequality in some places, and increasing equality in others. It can facilitate economic integration as it has done in China or exacerbate disintegration and marginalization as it has in Africa. In this fifth edition, Robert Schaeffer explores how globalization impacts long-term processes such as development, democratization, and climate change, and how it can create short-term crises, such as war and conflict, and the 2008 global financial crisis that began in the United States. As a geographer, I appreciate that the book soundly documents the consequences that globalization has on both people and places, and that it seeks to explain a dynamic that is unevenly experienced around the world. The book is both accessible and substantial—a rare accomplishment. It has become my 'go-to' book on globalization.

Lisa Benton-Short, George Washington University

Praise for previous editions:

This clearly written and vastly comprehensive book is a valuable and fascinating read. . . . Schaeffer turns his gaze to topics as varied as inflation, debt crises at home and abroad, stock market booms and busts, hunger and agriculture, free trade agreements, global climate change, democratization, and the global drug trade. In nearly every case, the research is solid and the choice of details fascinating. . . . I would recommend this book for general readers . . . or mid-level courses wishing to incorporate a global perspective.

Contemporary Sociology

Understanding Globalization is an exceptional book that thoroughly covers contemporary issues relating to globalization that students find extremely readable.

Ione DeOllos, Ball State University