The globalization process is pervasive, bringing a range of pressures to bear on firms and workers. This volume presents a series of cutting-edge essays, investigating the ways in which firms and workers are adjusting to globalization. Written by leading researchers in the field, the essays address such issues as: outsourcing; the productivity effects of entry to export markets; job losses and wage insurance; and the protection of intellectual property. Together, they provide important insights into the microeconomic effects of globalization and highlight key issues for policy makers.