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  • Essay / Paradigm shift in working conditions: effects of globalization

    Table of contentsComplexities of the relationship between globalization and working conditionsConclusionReferencesGlobalization can be characterized as the removal of barriers and expansion of trade, migration and investment across the peripheries - legitimately influences workers in both developed and developing countries. While most global trade and investment takes place among developed countries, globalization has expanded significantly in various creative countries. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essay Understanding the impacts of globalization on working conditions is the objective of the essay. Globalization can be characterized by the removal of barriers and the expansion of trade, migration and investment in the peripheries – which legitimately influences workers in developed and developing countries. While most global trade and investment takes place between developed countries, globalization has grown significantly in various creative countries. Lall's theoretical sketch of the potential impacts of globalization on employment highlights that, unless globalization is very characterized, the link is vague. In general, neoclassical trade theory offers little guidance, in light of the fact that the most well-known Ricardian and Heckscher-Ohlin trade models accept full employment. This assumption is clearly dangerous in most creative countries. Regardless, the main employment concern is whether globalization will result in a net gain in jobs by widening divisions. Employment levels are important for some developing countries described by high rates of underemployment or “surplus work”. In these cases, the net change in employment due to globalization is the main focus. Furthermore, if one assesses the link between globalization, employment levels seem quite clear. With information on total employment by sector, it would first be necessary to distinguish the adjustment of the globalization variable (trade or FDI) by sector and examine the changes in employment in the influenced companies compared to another reference group. This approach would thus make it possible to understand the impacts of reallocation of expanded trade or the impacts on the development of FDI. Complexities of the relationship between globalization and working conditions If we are concerned about the impacts of globalization on workers and working conditions, the main variable to break down is wages. Wages often make up the bulk of workers' income, and salary information is easier to discover and break down than different perspectives on working conditions. Furthermore, wages are considered an effective proxy for estimating the impacts of globalization on workers, as almost all current accurate investigations of the impacts of globalization on workers focus on a portion of earnings. of remuneration. Average wage levels can be disintegrated in two. parts: short term and long term. Short-term wage levels are generally controlled by the impacts of the business cycle. As the economy improves and unemployment decreases, average wages increase. Regardless, long-term average wages are controlled by productivity. Examining wages and productivity levels across countries reveals43.