Challenges of firm-level adjustment, productivity, and workers' welfare under globalization : case studies, insights, and policy recommendations
Date
2010
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DLSU Angelo King Institute for Economic and Business Studies, Manila, PH
Abstract
This paper documents successful social partnership experiences of 16 companies in coping with increased competition due to globalization. It concludes that social partnership is beneficial to both employers and workers. Two major areas for social partnerships include policy implementation and formulation; for instance the Act to Strengthen Right to Self-Organization and Collective Bargaining needs active support by social partners to promote trade union organizing and collective bargaining associations. As well, employee representation in governing boards of government corporations should be expanded to other state corporations, and there should be a campaign of patronage for local products.
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Policy Brief
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Keywords
GLOBALIZATION, FIRM ADJUSTMENT, LABOUR RELATIONS, POVERTY ALLEVIATION, CORPORATE SOCIAL RESPONSIBILITY, PHILIPPINES