Researchers and policy-makers are taking a new look at public policies to find broader grounds for assessing their economic and social impacts on individuals, families, communities, and nations. This book introduces this new research on social capital and well-being and applies it to key issues facing individuals and governments in the age of globalization.

John Helliwell first looks at the latest evidence about the extent to which globalization has altered the scope and salience of nation-states. He then deals with the implications for both domestic and international policies....