(HRM)Globalisation Essay Example | Topics and Well Written Essays - 500 words

(HRM)Globalisation - Essay Example It is recognized through a number of trends such as growing economic integration and liberalization; trade deregulation; convergence of macroeconomic policies; modification of the role and concept of nation state; proliferation of supranational agreements and regulatory bodies; and globalization of information systems 1." Upon looking into the given premise, one might have the idea that the said practice has its positive and negative effects. In this case, if some countries oppose this kind of practice definitely anticipate is negative effects. So, what are these negative effects that they seem to oppose this kind of practice Vandana Shivea (2006) 2, an Indian ecofeminist and scholar, once stated that "globalization along with the support of organizations such as the World Bank and the International Monetary Fund, have created a term more often known as "slave wages". These kinds of wages are not necessarily the result of "unjust" societies, but of the fact that global trade devalues the worth of people's lives and work. While globalization has brought jobs to rural, developing areas such as India where there was previously no employment, these jobs seem to be wolves in sheep's clothing.