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Impact of Global is at Ion on Employment Relation (2)

Impact of Global is at Ion on Employment Relation (2)

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Published by Raj Maana

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Published by: Raj Maana on Feb 23, 2011
Copyright:Attribution Non-commercial

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06/18/2014

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IMPACT OF GLOBALISATION ONEMPLOYMENT RELATION
Presented By 
Group
EN 
D
ebi Prasad ManishaTarun
SHIBA SANKAR BEHERA
RAVENSHAW MANAGEMENT CENTRE, CUTTACK 
 
GLOBALISATION
System of international economic relations.
Be it in the fields of investment, production,trade, finance or technology.
The wider view equals globalisation with thenotion of 
Vasudhaiv Kutumbakam (the wholeworld is one family) and the narrower 
economic interpretation with increasing theratio of foreign trade and investment in acountrys output.
 
BENEFITS
A
ccording to the Report of the 2nd National Commission on Labour,the perceived benefits of globalization are as follows:
Sustained economic growth, as measured by gross national productis the path to human progress.
Free markets, with little or no intervention from government
Economic globalization, achieved by removing barriers to the freeflow of goods and money anywhere in the world
Privatization
The primary responsibility of the government is to provide theinfrastructure necessary to advance commerce and enforce rule of law with respect to property rights and contracts.

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