Download or read book Multinational Corporations Wages and Employment written by Giovanni Bruno and published by . This book was released on 2000 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines home country effects of globalization, namely whether employment in foreign affiliates is a substitute or a complement to employment in the parent firms. Calculates changes in adjustment costs and cross-price elasticities for US firms abroad in the years 1982-1994.
Download or read book Global Goliaths written by James R. Hines and published by Brookings Institution Press. This book was released on 2021-04-20 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: How multinationals contribute, or don't, to global prosperity Globalization and multinational corporations have long seemed partners in the enterprise of economic growth: globalization-led prosperity was the goal, and giant corporations spanning the globe would help achieve it. In recent years, however, the notion that all economies, both developed and developing, can prosper from globalization has been called into question by political figures and has fueled a populist backlash around the world against globalization and the corporations that made it possible. In an effort to elevate the sometimes contentious public debate over the conduct and operation of multinational corporations, this edited volume examines key questions about their role, both in their home countries and in the rest of the world where they do business. Is their multinational nature an essential driver of their profits? Do U.S. and European multinationals contribute to home country employment? Do multinational firms exploit foreign workers? How do multinationals influence foreign policy? How will the rise of the digital economy and digital trade in services affect multinationals? In addressing these and similar questions, the book also examines the role that multinational corporations play in the outcomes that policymakers care about most: economic growth, jobs, inequality, and tax fairness.
Download or read book Women Workers in Multinational Enterprises in Developing Countries written by Centre on Transnational Corporations (United Nations) and published by International Labour Office. This book was released on 1985 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does work in multinational enterprises give women in developing countries an opportunity to free themselves from the restrictions of existing social structures? Information from 30 developing countries is analysed to provide examples of the situation of women workers in multinational enterprises in the Third World today with respect to wages, hours and conditions of work, fringe benefis, labour relations and quality of life. This report has been prepared jointly by the United Nations Centre on Transnational Corporations and the Bureau of Multinational Enterprises of the International Labour Office.
Download or read book Compensation in Multinational Companies Models and Objectives written by Francesca Müller and published by GRIN Verlag. This book was released on 2020-08-07 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2020 in the subject Business economics - Operations Research, grade: 1,3, Heilbronn University, language: English, abstract: In this paper, the first part focuses on the importance of a compensation system and its objectives for multinational companies. In the further course of the paper, various compensation models are presented and examined for their strengths and weaknesses. In a further chapter, various principles for the design of a company's compensation policy are described. In the last point of this paper the author will give a conclusion. National borders have become less important in recent years in many ways. Companies are organizing their economic activities increasingly away from national borders. Due to this development towards a global economy, large corporations as well as more and more medium-sized companies are forced to become active worldwide. During globalization, it has been clearly observed in recent decades that requirements for global compensation of employees are changing significantly. Multinational companies increasingly must make changes in their compensation policies that initially do not match the culture and tradition of their country. A high degree of flexibility is necessary here in order to achieve positive development. Culture is a strong driver for the relationship between basic salary, variable compensation, benefits, and other fringe benefits. As a result of these developments, the tasks of personnel management in multinational companies are becoming more and more diverse and the adjustments to internationalization more and more important. Among the tasks of personnel management, compensation is of importance. The regulations in the national context are very different from those at international level. In the absence of legal and collective agreement regulations, multinational companies must be able to comply with different country-specific regulations while establishing and maintaining a consistent, strategic pattern of compensation policies and practices. HR managers must have specialist knowledge that extends far beyond the national level.
Download or read book Globalization and Labor Conditions written by Robert J. Flanagan and published by Oxford University Press. This book was released on 2006-07-20 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains how three major mechanisms of globalization international trade, international migration, and the activities of multinational companies have altered working conditions and labor rights around the world during the late 20th century. Drawing on analyses of a database on international labor conditions assembled for this project and a growing research literature on globalization and labor conditions, the book finds that trade, migration, and multinational companies are associated with improvements in world labor conditions.
Download or read book Wages and Working Conditions in Multinational Enterprises written by International Labour Office and published by . This book was released on 1976 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comparison of statistical tables on wages and working conditions in multinational enterprise - covers fringe benefits, maximum and minimum wage rates (minimum wage), hours of work, holidays, leave of absence, etc. References.
Download or read book Global Competition and the Labour Market written by Nigel Driffield and published by Routledge. This book was released on 2013-05-13 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study combines an industry level and a firm level analysis on the wage and employment effects of multinational companies. This has not been attempted in any previous work. In view of the results, important questions are raised regarding how global changes in the structure of production may affect labour markets and the organisation of work in the future.
Download or read book The Impact of Multinational Enterprises on Employment and Training written by International Labour Office and published by . This book was released on 1976 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Report on the impact of multinational enterprises on employment and training, particularly in developing countries - examines technology transfer, employment opportunity creation (incl. In developed countries), vocational training in developing countries, etc. References and statistical tables.
Download or read book Challenges to Globalization written by Robert E. Baldwin and published by University of Chicago Press. This book was released on 2007-11-01 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and private sector organizations, and some developing country governments. These tensions are commonly attributed to longstanding disagreements over such issues as labor rights, environmental standards, and tariff-cutting rules. In addition, developing countries are increasingly resentful of the burdens of adjustment placed on them that they argue are not matched by commensurate commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices. Baldwin, Winters, and the contributors to this volume look at multinational firms, foreign investment, and mergers and acquisitions and present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low wage labor. The book closes with papers on financial opening and on the relationship between international economic policies and national economic growth rates.
Download or read book Equity based Compensation for Multinational Corporations written by Scott S. Rodrick and published by . This book was released on 2001 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Goliaths written by James R. Hines and published by Brookings Institution Press. This book was released on 2021-04-20 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: How multinationals contribute, or don't, to global prosperity Globalization and multinational corporations have long seemed partners in the enterprise of economic growth: globalization-led prosperity was the goal, and giant corporations spanning the globe would help achieve it. In recent years, however, the notion that all economies, both developed and developing, can prosper from globalization has been called into question by political figures and has fueled a populist backlash around the world against globalization and the corporations that made it possible. In an effort to elevate the sometimes contentious public debate over the conduct and operation of multinational corporations, this edited volume examines key questions about their role, both in their home countries and in the rest of the world where they do business. Is their multinational nature an essential driver of their profits? Do U.S. and European multinationals contribute to home country employment? Do multinational firms exploit foreign workers? How do multinationals influence foreign policy? How will the rise of the digital economy and digital trade in services affect multinationals? In addressing these and similar questions, the book also examines the role that multinational corporations play in the outcomes that policymakers care about most: economic growth, jobs, inequality, and tax fairness.
Download or read book Sticky Feet written by Claire H. Hollweg and published by World Bank Publications. This book was released on 2014-06-26 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: The analysis in this report confirms the findings of previous studies that trade liberalization improves aggregate welfare and is in the long run associated with higher employment and wages. The analysis addresses a major gap in the literature, which has heretofore provided limited evidence about the trade-related adjustment costs faced by workers in developing countries and how they are affected by mobility costs. Labor market frictions reduce the potential gains from trade reform. For a tariff reduction in a given sector, the resulting change in relative prices raises real wages in some sectors and reduces them in the liberalized sector. The emerging wage gaps lead to labor reallocation. But workers typically incur costs to change jobs; the higher the mobility costs, the slower the transition to the new labor market steady state. Workers’ sticky feet result in foregone welfare gains from trade. This report presents an estimation strategy for capturing mobility costs when only net flows of workers between industries are observed, generating cross-country estimates for 47 developed and developing countries. The basic analytical approach is then refined to take advantage of micro-level data on worker transitions and wages when gross flows can be observed to derive mobility cost estimates that account for sector and formality status. These cost estimates are used to model the dynamic paths of labor reallocation between sectors and in and out of the labor force, the associated wage paths, and the resulting labor adjustment costs. The main findings of the report are that: labor mobility costs in developing countries are high; foregone trade gains due to frictions in labor mobility can also be substantial; workers bear the brunt of adjustment costs; mobility costs and labor market adjustments to trade-related shocks vary by industry, firm type, and worker type; entry costs are significantly higher for formal than for informal employment; trade reforms increase economy-wide wages and employment; and workers displaced by plant closings are likely to face relatively long adjustment periods. The findings provide insights that could be helpful to policymakers hoping to mitigate negative short-term consequences of trade liberalization and facilitate labor adjustment.
Download or read book The Effects of Multinational Production on Wages and Working Conditions in Developing Countries written by Drusilla K. Brown and published by . This book was released on 2003 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the evidence regarding the effects of multinational production on wages and working conditions in developing countries. It is motivated by recent controversies concerning whether multinational firms in developing countries exploit workers by paying low wages and subjecting them to substandard conditions. We first address efforts of activist groups, universities, and colleges in the Anti-Sweatshop' Campaign in the United States, the social accountability of multinational firms, and the role of such international institutions as the International Labor Organization and World Trade Organization in dealing with labor standards and trade. We then consider conceptually how foreign direct investment might affect host-country wages. Available theories yield ambiguous predictions, leaving the effects to be examined empirically. We therefore, finally, review empirical evidence on multinational firm wages in developing countries, and the relationship between foreign direct investment and labor rights. This evidence indicates that multinational firms routinely provide higher wages and better working conditions than their local counterparts, and they are typically not attracted preferentially to countries with weak labor standards
Download or read book American Labor and the Multinational Corporation written by Duane Kujawa and published by . This book was released on 1973 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of the economic implications and social implications for the USA of multinational enterprises, with particular reference to employment effects of the role of USA foreign investment - covers trade union attitudes, management attitudes, trade policy, investment policy, collective bargaining at the international level, problems of skilled workers, etc., comments on legislation, includes a literature survey, and considers future trends. Bibliography pp. 282 to 284, references and statistical tables.
Download or read book U S Multinationals and Competition from Low Wage Countries written by David A. Riker and published by . This book was released on 1997 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is often argued that the globalization of production places workers in industrialized countries in competition with their counterparts in low wage countries. We examine a firm-level panel of foreign manufacturing affiliates owned by U.S. multinationals between 1983 and 1992 and find evidence to the contrary. Affiliate activities in developing countries appear to be complementary to rather than substituting for affiliate activities in industrialized countries. Workers do compete across affiliates, but the competition is between affiliates in countries with similar workforce skill levels. The results suggest that multinationals with affiliates in countries at different stages of development decompose production across borders into complementary stages that differ by skill intensity. The implied complementarity of traded intermediate inputs has important implications for the empirical debate over trade, employment, and wages.
Download or read book Making It Big written by Andrea Ciani and published by World Bank Publications. This book was released on 2020-10-08 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.
Download or read book Multinational Companies and Domestic Firms in Europe written by K. Tijdens and published by Palgrave Macmillan. This book was released on 2013-11-19 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Social Effects of FDI on Multinational Companies and Domestic Firms compares and contrasts wages, working conditions and industrial relations processes in multinational and domestic companies. This book is an effort to map the social effects of FDI in a number of EU member states, in relation to the prevailing patterns of internationalization.
