This volume investigates the ways in which firms and workers are adjusting to globalization. A collection of cutting-edge essays investigating the ways in which firms and workers are adjusting to globalization. Written by leading researchers in the field. It covers such issues as: outsourcing; the productivity effects of entry to export markets; job losses and wage insurance; and, the protection of intellectual property. It presents original research on adjusting to globalization. It provides important insights into the microeconomics effects of globalization. It highlights key issues for policy makers.