Globalization Research Paper

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Introduction Globalization is an on-going process that is stimulated by the liberalization of trade and communication. While globalization has been beneficial for a lot of countries, many countries also experienced drawbacks regarding to it. Labour conditions can be seen as one of the most important drawbacks of globalization. This paper discusses various aspects regarding to labour conditions. First, the history of globalization and the three eras of globalization will be discussed. (Preble, 2010). Second, the effect globalization has on jobs will be discussed by both Preble (2010) and Rama (2002). Foreign Direct Investment (FDI) and the allowance of trade unions are playing a key role in this paragraph. Furthermore, as a result of globalization, the development of wages has also changed. Rama (2002) discusses the past and future of wages in developing countries throughout this paragraph. In the next paragraph called ‘Brain drain’, Gunter & Van der Hoeven (2004) state that the globalization is less friendly to unskilled migrants, because they would cause ‘brain drain’ in the country they are moving to. In addition, Gunter & Van der Hoeven (2004) will go into benefits brain drain has. In the fifth paragraph, relationships between FDI and labour conditions will be discussed. Both positive and negative aspects from FDI on labour conditions are debated. Futhermore, Mosley & Uno (2007) discuss how industrialized countries are pointed to behave. Finally, ‘The role of the international community’ is reviewed. Rama (2002) argues in this paragraph what multinational companies need to do in order to help and support labour policy’s in developing countries. Globalization at the beginning Globalization can be defined as “the ... ... middle of paper ... ...overnmental organizations (NGO), and the improved focus of MNCs on labour quality, labour conditions can improve. Though, some cross-national studies are believed to be unfavorable regarding to social welfare and accompanying rights as a result of MNCs. (Rodrik 1997, as mentioned in Mosley & Uno, 2007). The international community should seek for a way they can let understand governments of developing countries the relationship between yields and labour policies. On the other hand, as a cross-country study showed that government interference does not always lead to positive results (Forteza and Rama 2001, as mentioned in Rama 2002). While Rama (2002) argues that it is best for developing countries to change in democratic countries, it remains to be very difficult for the international community to interfere in economic policies in developing countries. (Rama, 2002).

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