I review the notion of the quark-hadron duality from the modern perspective.
Both, the theoretical foundation and practical applications are discussed. The
proper theoretical framework in which the problem can be formulated and treated
is Wilson's operator product expansion (OPE). Two models developed for the
description of duality violations are considered in some detail: one is
instanton-based, another resonance-based. The mechanisms they represent are
complementary. Although both models are rather primitive (their largest virtue
is their simplicity) they hopefully capture important features of the
phenomenon. Being open for improvements, they can be used "as is" for
orientation in the studies of duality violations in the processes of practical
interest.Comment: Based on the talks delivered at the VIII-th International Symposium
on Heavy Flavor Physics, Southampton, UK, 25-29 July 1999, and the
International Workshop "Gribov-70", Orsay, France, 27-29 March 2000. To be
published in the Boris Ioffe Festschrift "At the Frontier of Particle
Physics/Handbook of QCD", Ed. M. Shifman (World Scientific, Singapore, 2001);
41 pages, 14 eps figures, Late