Contents

• Contents of the assignment –
• Introduction
• Deregulation and Decentralization of the Employment Relations as a Global Trend
• Characteristics of Deregulation and Decentralization of Labor Market
• New Trends Emerging In Industrialized Economies
• Advantages of Industrial Relations in Developed countries
• Advantages of Industrial Relations in Developing countries
• Conclusion
• References

Description

The trends of globalization, decentralization and deregulation of the labor market are emerging and growing trends in the world today. Coming into this purview, the economic integration of the labor market and industrial market across the world has helped the developed and the developing countries to make foray in the global business to achieve increased success. On one hand where these means have helped these countries to achieve success in terms of money on the other hand they have also lent support towards time and solving the problem of employment. The research shows there has been an increase in the GDP and GNP of the developed and the developing countries due to these emerging trends. Not only these countries are now more competitive in the production of the goods and services but there have also been high mobility of employees from one place to another in search of employment, making money, religion, and trade inflow and outflow. With these changes in the developed countries, unionism has been cut down, more emphasis are on the individualism of employment relation, more flexibility of the employment relations, increased competiveness and customer satisfaction.
This comprehensive essay tends to explains these trends whilst defining the terms associated with the decentralisation and deregulation in labour market across the developed/developing countries in view of shift that is being experienced as a result of Globalisation