Undoubtedly one of the highlights of the 1999 Conference was the plenary session in which Professors David Held and Mahdi Elmandjra came together to discuss the theme of ""Globalization": Democracy and Diversity". The Conference also witnessed the launch of Global Transformations (Polity Press, 1999), at which David Held was joined by two of his three coauthors, Professor Anthony McGrew and Dr Jonathan Perraton. Global Transformations is the product of almost a decade's work by a research team (based at the Open University and supported by the ESRC) who have produced what James. N. Rosenau has called "the definitive work on globalization". It is a study which not only synthesises an extraordinary amount of information from research on globalization in a range of social science disciplines, but also makes its own distinctive contribution to our understanding of the complex range of forces which are reshaping the world order. We are delighted to be able to reproduce here an "executive summary" of Global Transformations that summarises the major findings of this 500-page survey in just six thousand words.