A summary of the challenges posed to global trade, workforces and employee wellbeing by ongoing conflicts and political tensions around the world has been published by the International Bar Association’s (IBA) Global Employment Institute (GEI). Titled (Global war, global trade: a Global Employment Institute perspective) (the Report), the publication is free to access on the IBA website.
This fresh perspective, developed to complement the 13th Annual Global Report: National regulatory trends in human resources law, explores how socio-political events – such as the war in Ukraine, the Israel-Palestine war, rising nationalism and the climate crisis – are influencing economic activity and organisational cultures across sectors worldwide.
Trade conflicts – notably between the United States and China, and between the US and the European Union – have also led to increased costs, inflation and job disruptions in sectors like manufacturing, agriculture and technology. The Report also notes the evolving situation in North America, where trade policies could influence employment in key industries.
Economic uncertainty and tensions in trade are stated to be at a critical juncture, with trade disputes continuing to influence employment landscapes globally. For example, the US–Mexico–Canada Agreement (USMCA) remains a pivotal framework, though its future is uncertain amid political shifts. The automotive, electronics and energy sectors are particularly vulnerable to potential trade...
The offshore world has always attracted strong opinions. It’s complex, global, and full of moving parts that most people don’t fully understand. Mix that with online anonymity and you suddenly hav...