It has been a long, long time since my fourth grade geography lessons. Names and boundaries of countries have changed, emerging nations of earlier years have become stalwarts in the world economy, and both technology and competitive pressures to squeeze the costs out of most supply systems have flattened the landscape all around us. Economic pendulums do swing, however, and some of that movement is not currently favoring the U.S. dollar. Every market shift becomes someone’s albatross and someone’s treasure. Glasses half-full and half-empty result from one’s perspective. We undertake the broad theme of globalization in this issue of FMI Quarterly with the aim of providing different perspectives and illuminating opportunities.