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. Throughout the book, the author emphasizes well-being as an explicit focus for research and for public policies. He argues that, whatever one thinks of globalization, there is ample scope for countries like Canada to not only retain their distinctive qualities but also to have independent national and international policies.

Globalization and Well-Being is essential reading for all those trying to think their way through the welter of conflicting assertions about what is left for national policies in today’s world. It will be of special interest to those thinking about whether Canada should focus on its North American linkages or on building bridges to the broader international community.