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GLOBALISATION AND ITS IMPACTS ON THE SLOVAK LABOR MARKET

Abstract:

The inevitable part of the globalisation process is a change of economic relations, investment relations, and trade relations that is taking part in nowadays global environment. Referring to the theoretical postulates the globalisation also affects the employment policies of the states, and facilitates economic development. The most important actors of globalisation are transnational corporations that are highly concentrated mainly in the oil and automotive industries worldwide. The aim of this paper is to analyze the impact of globalisation on the Slovak labor market and to reveal major changes in employment policy as a result of foreign investments. At the same time, we have focused on the state economic instruments that are provided to economic entity’s players provided new jobs are created. Globalization of the business is closely related to increasing frequency of international interaction of managers and employees, closer teamwork and need of new form of international collaboration. It increases demand for international management, for managers with international competences and effective leadership abilities in multicultural work condition.

Authors: Daniela NOVÁČKOVÁ

Release: 2017/2     Pages: 66-72     JEL classification: J8, L14, L13     
DOI:

Keywords: Labor market, globalization, investments relations, trade, new jobs

Section: SOCIAL CONTEXT OF THE ECONOMY, LABOR MARKET AND HUMAN RESOURCES DEVELOPMENT

Contacts:
Daniela Nováčková, Prof., JUDr., Ph.D.
Facuty of Management
Comenius University in Bratislava
Odbojárov 10
820 06 Bratislava
e-mail: daniela.novackova@fm.uniba.sk


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