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Article
Affiliation(s)

Khazar University, Mahsati str. 41, AZ1096,Baku,Azerbaijan

ABSTRACT

In this study, the globalization of the labor force and its reflections on the labor markets are discussed. In this section, the results of the study will be evaluated.The fact that production can be divided into stages has enabled the production of each stage of production to be produced where it can be produced at the lowest cost internationally, thus production is organized in the form of global value chains.Global value chains have a hierarchical structure based on power relations. At the top of the chain is an oligopolist MNC, while at the very bottom there are a large number of micro-production units that compete against each other with costly competition. This situation causes an asymmetric structure in international markets.The globalization of the workforce is in the form of such a production organization and participation in such international markets. The pressures that transfers to reduce the cost of production make them feel at different intensities depending on the level of labor force being added to a ring in the global value chain.

KEYWORDS

market, labor, global

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