The Global Context of Hrm and Hrd

5106 Words Jan 27th, 2011 21 Pages
Module 3 Global Context of HRD & HRM

To what extent is the nation state still relevant in shaping national labour markets?

Student Name:

Raquel Hanley

Country:

Ireland

Course Title:

MSc Training and Development

Module:

Module 3 (Oct 2007 intake)

Assignment :

Q.2

Total word count:

4,719

1 Raquel Hanley

Module 3 Global Context of HRD & HRM

To what extent is the nation state still relevant in shaping national labour markets?
‘It is widely accepted that that international economic integration is a defining characteristic of the Irish economy. Globalisation is perceived as both an opportunity (to sell goods and services abroad) and a threat (if Ireland is uncompetitive, it’s domestic industries
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Ireland’s membership in the European Union also has played a vital role as a force for change. The active encouragement by the state of foreign direct investment is another key element of policy development in Ireland. Ireland’s demographic structure will always set it apart from many EU neighbours, and finally mistakes in fiscal policy have made the path to convergence bumpy. While the partnership approach to policy formation since the 1980s has made an important contribution in facilitating rapid growth. All these points have led Ireland through its development strategy. It is therefore important for us to review these points to establish Irelands coming of age. Ireland in the 1950s was a very closed and homogeneous society. There was a very limited influx of population over two or three millennia (Readers Digest, 1964) Ireland was extremely homogeneous in terms of religion, with 90 per cent of the population being Catholic. The size of Ireland’s middle class was exceptionally small (Breen et al, 1990). Leading to business leaders being drawn from a very small society group (Kelleher, 1987). This made Ireland a rather claustrophobic environment in which to live and work. While Ireland in the period 1930 to 1960 had a very closed goods market, as a result of protection, it was unusual in its openness of the labour market. A very high proportion of the young population emigrated in the first six decades

3 Raquel Hanley

Module 3 Global Context

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