Abstract
Research background: The influence exerted by globalization manifests predominantly in field of employment. The challenges generated by this process are amplified by technological developments. Facilities of movement and establishment in various regions, and the new opportunities for conducting professional activities, have led to increased mobility of employment. Globalization has led to a growing interest of businesses to operate outside their own country. Purpose of the article: In the current context, the purpose of the article is to analyze whether in the field of employment there is a tendency to increase the share of persons employed in enterprises controlled from outside the EU in total EU employment. Methods: The article presents the comparative situation of the number of persons employed for enterprises controlled from outside the EU. The article also presents an analysis of the number of persons employed for enterprises controlled from inside the European Union. Findings & Value added: Following the analysis, there is an increase in employment in enterprises controlled from inside the EU in total EU employment. Also, depending on the economic activity, there is a higher distribution for the following economic activities: Manufacturing, Wholesale and retail trade, Administrative and support service activities, Information and communication, Transportation and storage. Regarding the comparative situation of the number of employed persons for enterprises controlled by all countries of the world for total business economy, except financial and insurance activities, a number of over 5 million employed persons was registered in 6 countries (Germany, France, Italy, Spain, Poland, Netherlands). Regarding the situation of the foreign control of enterprises by economic activity, controlled by all countries of the world for total business economy, except financial and insurance activities, at the level of the European Union the economic activities in which more than 10 million people are employed are: Manufacturing, Wholesale and retail trade, Administrative and support service activities, Construction, Professional, scientific and technical activities, Accommodation and food service activities and Transportation and storage.
Highlights
The economic growth of a less developed state is influenced by the existence of capital flows
The influence exerted by globalization manifests predominantly in field of employment
The purpose of the article is to analyze whether in the field of employment there is a tendency to increase the share of persons employed in enterprises controlled from outside the EU in total EU employment
Summary
The economic growth of a less developed state is influenced by the existence of capital flows. Through the proposed measures, it is considered that development and economic growth strategies can contribute to attracting these capital flows (Arora, 2009). In the context of globalization, in order to optimize efficiency, the level of qualification of employees can influence the degree to which product quality is ensured (Thamm et al, 2020). The increase in the level of competitiveness required in the labor market has led to an increased awareness of the process of acquiring professional and personal skills (Burlacu et al, 2019). The recognition of qualifications is becoming increasingly important for both employees and employers (Pauletto, 2021)
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