Discuss the implication of globalization for the organized labour movement in rich countries.

Discuss the implication of globalization for the organized labour movement in rich countries. Essay example
Undergraduate
Essay
Finance & Accounting
Pages 8 (2008 words)
Download 0
Globalization is an unstoppable force, which is slowly spreading throughout the world and influencing many things, which were once thought to be only specific to certain regions. Globalization had not only had a huge impact on the political and economic arena of the world but it has also had far-reaching effects on the labor movements in rich countries…

Introduction

The process of globalization, with the liberal economic policies, which have been adopted by many countries, has come to weaken the strong foundation upon which many trade unions have been built. Globalization has intensified the economic competition among the various developed nations of the world and to increase this competitiveness, these countries have adopted very liberal trade policies to ensure that their products remain at the top of the global market. These new policies have had an impact on trade unions in very negative way because one of their key parts are the legal restrictions which have been placed on the rights of workers for the sake of a higher efficiency of the economy. A major consequence of these restrictions has been the fact that trade unions in these countries have come to lose those rights, which they had struggled for many years to gain, and this has ensured that the political foundations of such trade unions have been increasingly weakened1. At the same time, the liberal policies that have been brought about by globalization have been creates more in favor of the employers than the workers. ...
Download paper
Not exactly what you need?

Related papers

Statutes and Enforcement, Organized Crime
Use of the RICO standard is what allowed Galante's employees and associates to be charged; under that statute, even belonging to his organization is a crime (Abadinsky, 2010, pp 369). Galante's organization was a group of companies involved in trash hauling, also called carting. He was the owner of twenty-five companies that among them controlled approximately eighty percent of the waste-hauling…
Corporations and aspects of Labour Law
The principles of fairness, transparency and accountability need to be incorporated in corporate governance for a sustainable development. The role of the government in providing the framework helps in establishing the benchmark or threshold for the companies to follow the best practices is very important because, it influences policy making in the corporate world and instill competition among the…
Understanding Economic Globalization
Understanding the Globalisation …
Globalization and Internation Financial Crisis
This consolidation of global relationships is at the level of individuals, companies, institutions and countries (Campenhout and Cassimon, 2012). The main causes of the process of globalization are the technical progress in the communications and transportation sections, as well as, the political decisions on liberalization of world trade. The study of International Finance is of…
globalization
If continuous changing climate across the world has been impacting on sustainable development worldwide especially in business perspective, then globalization is the parallel process created by human beings which has been continuously creating opportunities for sustainable development to developed, developing as well as under developed countries. It is the ongoing process that is linking people,…
Impact of Microfinance on Developing Countries
With no access to financial systems, the poor have to define new informal ways through which they have to guarantee their financial survival while at the same time obtaining seed capital for development. Such informal community based institutions are meant to meet their daily and long-term financial needs, a gap that is perfectly filled by the micro financial institutions (Jegede, Kehinde & Hamed,…
Rich and Ruby Case Study
The trust is designed to remain in place for the benefit of Harriet and be distributed equally between Rich and Rebecca when Harriet dies. According to the financial statements, Rich and Ruby have a net worth of $22,000,000 at their disposal which comprises various assets and cash and cash equivalents. Rich is involved actively in the family business and is concerned fully about the welfare of his…