Positive Effects of Globalization on Workers
The process of globalization refers to the merging of national economies on an international level. This has resulted in a change of the labor culture in countries. The positive effects of globalization on workers can be observed through increased standards of living in countries. Additionally, workers from specific areas can travel and pursue better employment in other countries. Globalization has also increased the social awareness of workers and has boosted their professional aspirations.
The globalization of economies has contributed to the development of international businesses. The demand for goods exercised by people has gradually increased and companies have expanded their production to other states. Michel Camdessus, managing director of the International Monetary Fund, indicated in 1996 that this has increased incomes and raised standards of living globally because employment around the world is increasing. For example, due to commercial interest from other countries and international corporations, China has succeeded in boosting the income of the middle class population in its country. The Asian state has managed to increase employment and payments by favoring the establishment of production sites for foreign companies.
The globalization process has resulted in the creation of the European Union -- an organization of 27 European countries with unified economies and free movement policies. Nationals of the members states can travel freely to any destination in the organization while pursuing professional aspirations. This increases the chances for employment and motivates workers to seek higher earnings.
Through globalization of communication, workers gain awareness of their rights and obligations. Immigrants in the developed world have been often mistreated and discriminated against by employers because of their origin. However, global communication services like the media and the Internet offer opportunities for workers to familiarize themselves with their legal and social liberties and stand for them.
Employees in developing countries are becoming more aware of the advantages of receiving education. Many workers are enrolling in universities while pursuing professional development. People are also engaging in education activities such as seminars and training sessions in order to be more employable. Economist Martin Carnoy from Stanford University indicates that globalization has empowered individuals to enroll in universities and find better employment opportunities. The economist states that globalization revalues different types of knowledge and induces ordinary workers into studying more complicated subjects such as accounting, business management and others.