Is the concept of global governance, particularly as it is applied to global labour markets and employment relations, realistic?
The globalisation is stronger and stronger nowadays and this can explain that people are wondering if global governance could be realistic.
This is the question that I will try to answer with this assessment; particularly talking about global labour markets and employment relations.
This could be interesting to begin by defining globalisation; this is the internationalisation of the exchanges. These exchanges can concern trade, communication, technology, finance, information, people, ideas, etc.
The internationalisation of these exchanges involved the abolishment of the boarders, the harmonisation of cultures, but also the emergence of global issues.
The strong globalisation of the world brings to the question of the global governance. In this assessment first of all we will talk about the concept of global governance. Then we will talk about the global governance applied to the global labour markets and employment relations. Finally, we will see the factors, which can obstruct to global governance.
The concept of global governance
The concept of global governance is related with several points: politics, economy, environment, and social. So that, global governance involve a global behaviour, and a global thinking.
In order to face it international institutions had to be created. Post Second World War settlement as World Bank and IMF reflects that need.
The regionalisation is a start in the global governance, area such as the European Union are created in order to standardised the rules, the norms.
All of that make easier the exchanges and make a global world.
However, even if the world become global, having global governance may be more difficult. Each head of state is not agree with each other, the development of each country is not equal and that involve different needs. That is why global governance is not efficient today.
Global governance and global labour markets
Particularly applied to global labour markets and