Abstract
A review is given of recent developments in the physics of flavor. Current constraints on the Cabibbo-Kobayashi-Maskawa matrix are discussed and related to the recent measurements of epsilon'/epsilon, sin(2beta) and K+ -> pi+ nu nubar. A brief review is given of the connection between CP violation in B decays and electroweak baryogenesis. Finally, there is an extensive discussion of how present and proposed experiments in K and B physics can constrain the pattern of flavor changing processes at low energies and, one hopes, eventually provide unambiguous evidence of physics beyond the Standard Model.
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