The purpose of the paper is to develop a set of theoretical propositions to explain the impact of globalization on a country's quality of life (QOL). In this paper, we describe how globalization impacts the quality of life of residents of a country by first articulating the globalization construct (in terms of inflows and outflows of goods, services, capital, technology, and workers), second, articulating the country's QOL construct (in terms of economic, consumer, social, and health well being), and showing the relationships between globalization and a country's QOL. We develop a set of theoretical propositions to capture these relationships. Finally, we discuss the public policy and research implications of this study.