Employee Relations in Context: Globalization, Uncertainties, and Dynamics of Change

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Title: Employee Relations in Context: Globalization, Uncertainties, and Dynamics of Change
Authors: Trif, AuroraPaolucci, Valentina
Editors: Manzella, Pietro; Koch, Karl
Permanent link: http://hdl.handle.net/10197/10928
Date: 30-Apr-2019
Online since: 2019-07-18T11:45:52Z
Abstract: Globalization, which refers to the process of increased integration between countries, has had significant effects on employee relations (Lansbury, 2018). Economic liberalism, a key feature of globalization, has fostered individualism and competition since the 1980s, hindering collective mechanisms aimed at limiting ‘a race to the bottom’ in labour standards in many countries (Doellgast et al., 2018). Despite being one of the causes of the 2008 financial crisis, the neo-liberal political discourse has become, over the past decade, a one-size fits-all recipe for structural reforms with the blessing of international bodies, such as the International Monetary Fund (IMF), the World Bank and the European Union (EU). In the EU, most governments have sought to reduce unemployment and/or contain labour costs primarily by weakening the role of statutory and/or collective bargaining regulations in setting labour standards (Koukiadaki et al., 2016; Marginson, 2015). Thus, economic liberalism during the crisis has reduced the role of institutional mechanisms (e.g. collective bargaining and labour laws) and increased the role of market forces in the regulation of employee relations.
Type of material: Book Chapter
Publisher: Edward Elgar
Keywords: GlobalizationEmployee relationsEuropean Union (EU)UnemploymentEconomic liberalism
Language: en
Status of Item: Not peer reviewed
Is part of: Koch K., Manzella P. (eds.). International Comparative Employee Relations: The Role of Culture and Language
ISBN: 978 1 78897 321 2
Appears in Collections:Business Research Collection

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