I consider some selected topics in chiral perturbation theory (CHPT). For the
meson sector, emphasis is put on processes involving pions in the isospin zero
S-wave which require multi-loop calculations. The advantages and shortcomings
of heavy baryon CHPT are discussed. Some recent results on the structure of the
baryons are also presented.Comment: 30 pp, TeX, Review talk, Third Workshop on High Energy Particle
Physics (WHEPP III), Madras, India, January 1994. 7 figures available upon
request. CRN--94/0