The impact of globalization on the world's developing economies is not conclusive: studies show conflicting conclusions to the same problems in the context of globalization in developing countries. It is this analytical inconclusiveness that is at the heart of this collection, which makes a fresh attempt to study the real impact of globalization on many critical problems in less developed countries. Essays focus on the areas of labour, capital inflow, trade, technology transfer and socio-cultural issues. The contributors focus mainly on the conflicts that globalization generates in order to gauge the plight of the poor economies, and makes a contribution in the area of the political economy of globalization.