Not many scholars have noticed "e;globalization"e; as a thinking-horizon, and much less, begun engaging in its exploration. This book calls attention to this exciting dimension of globalization. Volume I is divided into "e;problems and prospects"e; and "e;cultural intercourse."e; The book presents concrete and specific problems and prospects kicked up by globalization including world economics of cancellation of debt of developing nations; Africa's problem of knowledge production; economic problems of foreign aids in Bangladesh; infusion of Taoism to Western therapy of anxiety and globalizing counseling paradigm. This book also presents unique perspectives on the causes and solutions to the problem of today's globalization.