Wolfgang H. Reinicke

Although we bandy the word about, it is surprising how little we understand globalization. Often confused as one and the same, interdependence is actually an important precursor of globalization. But as more countries leave an interdependent world and are buffeted by the forces of globalization, policymakers are tempted to react with anachronistic strategies -- the Iran-Libya Sanctions Act, the Helms-Burton Act, Quebec's secession -- that threaten the new order. Global public policy is the way to evolve, and will show the way between competing worlds.