Globalization is all around us. Every aspect of life is affected by global economics and communications. This new edition of the No-Nonsense Guide to Globalization condenses this complex world into a clear, concise commentary. Full updated throughout, it includes a new chapter on the financial meltdown and its aftermath, explaining what happens when deregulation, financial speculation and corporate cupidity are given full rein. Further analysis of the changing world order with the emergence of China and India as economic superpowers has also been included It examines the debt trap; the acceleration of neoliberalism and the 'free trade' model; competition for energy resources; the links between the 'war on terror', the arms trade, privatization and the new final civil society alternatives to corporate globalization.