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This article asserts that the theory of emerging adulthood is a useful way of conceptualizing the lives of people from their late teens to their mid-to late 20s in industrialized societies. The place of emerging adulthood within the adult life course is discussed. The weaknesses of previous terms for this age period are examined, and emerging adulthood is argued to be preferable as a new term for a new phenomenon. With respect to the question of whether emerging adulthood is experienced positively or negatively by most people, it is argued that it is positive for most people but entails developmental challenges that may be difficult and there is great heterogeneity, with some emerging adults experiencing serious problems. With respect to the question of whether or not emerging adulthood is good for society, it is argued that claims of the dangers of emerging adulthood are overblown, but emerging adulthood is probably a mixed blessing for society.

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The influence of globalization on psychological functioning is examined. First, descriptions of how globalization is occurring in various world regions are presented. Then the psychological consequences of globalization are described, with a focus on identity issues. Specifically, it is argued that most people worldwide now develop a bicultural identity that combines their local identity with an identity linked to the global culture; that identity confusion may be increasing among young people in non-Western cultures as a result of globalization; that some people join self-selected cultures to maintain an identity that is separate from the global culture; and that a period of emerging adulthood increasingly extends identity explorations beyond adolescence, through the mid- to late twenties.

G. S. Hall's (1904) view that adolescence is a period of heightened "storm and stress" is reconsidered in light of contemporary research. The author provides a brief history of the storm-and-stress view and examines 3 key aspects of this view: conflict with parents, mood disruptions, and risk behavior. In all 3 areas, evidence supports a modified storm-and-stress view that takes into account individual differences and cultural variations. Not all adolescents experience storm and stress, but storm and stress is more likely during adolescence than at other ages. Adolescent storm and stress tends to be lower in traditional cultures than in the West but may increase as globalization increases individualism. Similar issues apply to minority cultures in American society. Finally, although the general public is sometimes portrayed by scholars as having a stereotypical view of adolescent storm and stress, both scholars and the general public appear to support a modified storm-and-stress view.