Galactic globular clusters, which are ancient building blocks of our G
alaxy, represent a very interesting family of stellar systems in which
some fundamental dynamical processes have taken place on time scales
shorter than the age of the universe. In contrast with galaxies, these
clusters represent unique laboratories for learning about two-body re
laxation, mass segregation from equipartition of energy, stellar colli
sions, stellar mergers, and core collapse. In the present review, we s
ummarize the tremendous developments, as much theoretical as observati
onal, that have taken place during the last two decades, and which hav
e led to a quantum jump in our understanding of these beautiful dynami
cal systems.