Evaluates the arguments of proglobalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets and wage levels, and the associated expansion of trade and its effects on prices.

"Challenges to Globalization" evaluates the arguments of proglobalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets and wage levels, and the associated expansion of trade and its effects on prices. The contributors to this volume present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low-wage labor.