Globalization, Multinationals, labour Market, education and diffusion of training

Today globalization and its impact over the development- Planning, labour market and training and educational system are debated around the world. One of the major claims made for the current development of the global economy in relation to the production of goods and services is that multinational are a conduit for the transfer of technology and with it multinational are a conduit for the transfer of technology and with it skills. In this paper we shall look at the different types of ET and labour market systems in Germany, Korea, Singapore, and Britan. This also involves looking at skill transfer and development policies of multinational. At the end of the paper we report on the impact of multinationals. At the end of the paper we report on the impact of multinationals. At the end of the paper we report on the impact of multinational ownership on “key” skills training and application in one major British subsidiary of a foreign multinational. It can be argued that key skills or core skills, those relating to teamwork, communication, problem solving, and the use of It, which are required forhigh-performance workplaces provide a litmus test of the convergence thesis. If the impact of globalization is that these skills are transferable across natringet test.