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Closer integration of the countries and people
of the world, brought about by enormous
reduction of costs of transportation and
communication, and the breaking down of
artificial barriers to the flows of goods,
services, capital, knowledge and (to a lesser
extent) people across borders

- ë 
  

     
G
O 
 
 

^ Capital Needs Markets«new markets for


growing/profits;
^ eveloping countries need to grow, need capital,
technology, access to new goods & services;
^ nvestors need free trade, minimum or no
regulations on capital and safe guarding of their
investments;
 
 
  

^ lobalization increases insecurity for low-


skill workers
^ lobalization encourages labor mobility
^ 


  


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^ ownsizing, increasing workload and insecurity of


employmentG
^ ob losses, growing unemployment as local industry and
areas of economic activity decline due to foreign
competition,
^ eterioration in social protection standards (social
security systems shifting from publicly funded to
insurance based contributory schemes),
^ eakening of public transport, health care systems,
primary education, and so on as public expenditure and
role of overnment in these sectors declines,
!  
 

^ hift in the nature of employment relations from


employer-employee to client-supplier relationships,
^ utsourcing; reduce regular workforce
[Companies now outsource production, intermediate goods
from vendors, no need for inventories; recruitment, accounting,
compensation, performance appraisals, marketing, etc are also
outsourced to vendors and consultants]
^ eakening of trade unions also thru new HR policies
[employees welfare measures, flat structures of management,
encourage employees to direct their grievances to mgt rather
than come thru trade union]
So, what can trade unions do?
^ r  ncreased memberships will increase
political and economic influence - w   
w     
^ n labour law front - raise demands that create basic
labour standards and which apply to all workers,
^ uild alliances with other social partners ± both within
and outside the country - Links with world TU bodies
(such as TU, CL, CTU, Us), L, Ns,
Consumer movement ± role of international labour
solidarity, lobal Collective argaining ( s),
So, what can trade unions do?
^ nfluencing rules of nternational Trade & nvestment
laws ± thru national & nternational action,
^ O  ! 
      

    
Need for orkers Participation in the Management &
nvestment ecisions of the Provident & Pension
funds ± Labour ocial Clause in the nvestment
Pattern
^ Provide new services to the workers for social
protection, social welfare, legal aidG

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