Indian Journal of Industrial Relations: Economics & Social Dev.

John Koti ¹, D. Janaki ¹

Affiliations
1 Department of Human Resource Management, Andhra University, Visakhapatnam, 530003, IN

Abstract

Today most of the industries are going global and most of the companies are MNCs. All these companies have to deal with different countries, cultures and beliefs. The companies face various road blocks in trade like unions, regional barriers, legal systems etc. Outsiders are treated as a problem and considered as aliens who are out to ruin the locals’ prospects. This paper provides insights into the role of ILO in promoting labor standards and also the extent to which the WTO seeks to establish trade policy rules that help to expand trade and improve world living standards.

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