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Globalisation - introduction

Although it is a word that was first used only fifty years ago, the term ‘globalisation’ now appears in almost any discussion about what is happening in the world of work today.

Although there are disagreements on exactly what globalisation is, many see it mainly in economic terms as the increasing interdependence of national economic systems through the growth in international trade, investment and movement of workers. It involves the diminishing of national borders and the fusing of individual national markets.

For some, the term has negative associations, however debates about globalisation as a positive or negative trend in the world are well beyond the remit of this programme.

Globalisation affects us all because it means we operate in a world labour market as well as a national and local one. But what should we be doing about it?

Let us assume that the trends we see today will continue: that businesses, workers, goods and money will be increasingly free to move across national boundaries.

What does that mean for us?

 

 

 


 

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