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Impact of Globalisation in the Construction Industry
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Added on 2020-11-12
Impact of Globalisation in the Construction Industry
Added on 2020-11-12
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Research Project(UK LABOUR MARKET IN CONSTRUCTION)
Table of ContentsPart 1 – Research Proposal..............................................................................................................1Part 2 – The Research & Report....................................................................................................10REFERENCES .............................................................................................................................25Appendices ....................................................................................................................................26.......................................................................................................................................................33
Title“The impact of globalisation in the Construction industry”. A study on UK constructionLabour Market. Part 1 – Research ProposalCHAPTER1: Introduction Background of the research A labour market introduces as a place where large number of employees are interact witheach other. In this place, employees of any organisation compete for satisfying job and managercompete to recruit the best and suitable candidates. Around 2.2 million people worked in theconstruction sector between the year of 2014 and 2016 accounting for approx 7% of workersacross all sectors in the United Kingdom (Migrant labour force within the construction industry,2018).Globalisation plays important role in enhancing integration of labour market as well asreducing the pay gap among workers in developing and advanced economies, particularlythrough the spread of advanced technology.Research aim and objectives Aim: “The impact of globalisation in the Construction industry”. A study on UK constructionLabour Market. Objectives: To study regarding the phenomena of globalisation.To evaluate the ways through which globalisation is implemented in construction Labourmarket in UK.To determine the effect of globalisation on construction Labour market in UK in past 6months.To examine relationship between globalisation and its impact on UK Labour market inconstruction.Rationale for choosing the topic Main intent behind choosing this topic or research is to analysis the effect of globalisationon United Kingdom labour market in construction industry. It is important for researcher becausewith the support of current research topic, researcher can easily enhance their literature reviewskills, data analysis and interpretation skills (Benería, Berik and Floro, 2015). It is also1
significant for entire labour market in construction within UK by providing optimistic andunfavourable effect of globalisation over them. Research questions What is the basic phenomena of globalisation? What are the effective ways through which globalisation is implemented in constructionLabour market in UK? What the impact of globalisation on construction Labour market in UK in past 6 months? What are the relationship between globalisation and itseffect on UK Labour market inconstruction?Scope of research Globalisation has large scope for UK labour market in construction. It will help all labourmarket by providing chances to increase their profitability and sales (Dancygier and Walter,2015). This concept will also help construction labour market by maximising sales, providing jobopportunities and improving living standard of people within United Kingdom. The place wherethe market research will be organised will be United Kingdom. Researcher will use survey form,consisting of different questions. Along with this, volume of the sample will be taken which is60 people. Purpose of research: Main motive of this research is to analysis the positive and negativeimpact of globalisation in the construction Labour market within the United Kingdom. With thehelp of this research, researcher will enhance their data analysis and data interpretation skill. Thisskill further help an investigator to systematically do each tasks of investigation and achievebetter outcomes for this study. Benefits of research This investigation is mainly based on the effect of globalisation on labour market inconstruction of United Kingdom. One of the main benefits of this research is to encouragesproducers and consumers to benefit from heavy division of labour and economies of scale (Gearyand Stark, 2015). Globalisation is also beneficial for UK labour market within constructionsector by increasing job possibilities and enhancing living standard of people within UnitedKingdom. Research Limitation 2
The project is not going to give any useful and specific information or data because thesample size is not large. One of the main limitation for current investigation is time duration,because for completing activity of research proper time is needful for the researcher. As whole,for completion of investigation activities, sufficient time is required by the investigator. 3
CHAPTER 2: Literature Review The concept of globalisation. According to The Beverly Bird And Carol Kopp, 2019, globalisation is the spread ofinformation, technology, jobs and products in national cultures and borders. In addition it definesan independence of countries around the world fostered via free trade. In simple word, it is aneffective process of integration as well as interaction among organisation, people andgovernment of various countries. According to John Williamson, globalization refers as a term and process that followed todefine enhancing social, political and economic interaction all over the political as well ascultural boundaries also. Globalization means integration of economies and societies by crosscountry flow of information, technology, ideas, goods and services, finance, capital and people.There are various dimensions for cross border integration such bas social, cultural, political andeconomical etc. Along with this, globalisation is effective term that followed in the limited senseof economicintegration for which there are required 3 main channels such as trade in productsand services, flow of finance and movement of capital. Capital flows across counties have alsoplayed vital role in raising the production base. It was right and true in the 19th and 20th centuriesbecause mobility of capital is enables the entire saving of the globe to be distributed amongdifferent nations which have the advanced investment potential.The ways through which globalisation is implemented in construction Labour market in UK. According to Rusty Weston, it should be important for every company to find out thestrategies which they are going to implement while conducting globalisation. Few ways likeconstruction company should make connections with the local and central authorities regardingthe wages and salary they are going to pay and various efforts government is ready to do so thatwin win situation would be achieved by both the parties (Globalization’s Impact on the LaborMarket, 2019)According to Theodore Levitt, labor market is a place where workers interact withanother employees of an organisation. There are various ways with the help of themglobalization can implemented in construction labour market in UK such as construction agency,trading agency and others. With the help of trade liberalization and other ways the labour marketcan operate its business at global level. Modern economies can approach to enhanced pool ofinternational labour by imports of goods an d services through immigration. In UK, by4
emphasising on trade, the share of developing nation goods in the imports of precociouseconomies has multiple. Trade agencies can also registered themselves in that countries wherethey are doing globalization in construction labour market. When the employees and worker of a specific industry, for example; construction sector,there are various polices and rules are followed by them that are design and developed by aspecific nations where they are operating their business. Changes in labour market policiesconstitute another forces that affect labour across advanced economies.The impact of globalisation on construction Labour market in UK in past 6 months.According to Geary and Stark, (2015), globalisation will bring new technologies anddevelopment in the society which is a positive sign for future generation but on the other side,natural resources will deplete to a certain level which will affect the life of labour in a negativeway. Moreover, it will also bring advanced technologies in the construction business due towhich less workers would be hire by the company thus resulting in less development of jobs. According to Timothy Michael Lewis, globalisation create various impact on construction sectorby generating competition, growth, commodities, domestic polices and others. Globalizationaffect on the cost and forces down the construction services price by decreasing the quality of anorganisation to get additional margins by competitive pressure. Globalisation provide permitsconstruction organisation to accomplish economies of scale as they are progressively liberatedfrom the size constraints of their home markets. Cause of foreign contractors in to domesticmarkets, globalisation has unfiled the mode of procurement is completed. It also have huge effecton different factors of production by which the actual integration of the global economy begins. Relationship between globalisation and its impact on UK Labour market in construction.According to Uri Dadush and William Shaw, globalisation is helping labour market in apositive way as it is integrating the market by providing high number of jobs to them. Besidesthis it also decrease inequality in the market as wages and salary is given to the labour accordingto the work they are doing instead of giving wages on the basis of discrimination, gender etc.Apart from this, globalisation is also enhancing standard of living of people as they are gettingtheir wages according to the rules set by the local authority which ends up at reducingunemployment rate and poverty in the labour market employees (Globalization, Labor Markets,and Inequality, 2019)5
According to Sabine Hoover, By generating higher number of employment in the marketglobalization create positive impact on the construction sector. But when a company operate thisbusiness at global level, there are various changes that are made by government in policies, itaffect the labour market negatively and there relationship of globalization. In terms of labourmarket, globalization affect it in various ways by making change in the legislations that arefollowed by the trade agencies when they are making movement of labour at international level.By maximising labour migration, skills mismatch, variation in work content as well as workingconditions all are the impact of globalisation in construction labour market. Positive impactgenerate as a outcome of the maximised capability of developing nations to develop an uniquechances for the work as well as productionby using the alleviation of value in order to labourand capital. FDI also has indirect affect on employment by vertical links and there are varioustechnical changes occur that positively affect the construction sector as well as constructionlabour market. The traditional nature of work might be disappear due to various rapid changescause of advance technology that negatively impacted this sector. CHAPTER 3: Methodology Research methodology is an important part for doing each activities or tasks ofinvestigation in systematic way. This chapter includes, research approach, research techniques,data collection sources and data analysis techniques. All these are determine as under: Research approach:There are basically two approach of research which is, inductiveand deductive. For doing current investigation, inductive approach is useful because it will assista researcher to drive accurate conclusion for investigation. On the other side, there is deductiveapproach, which is not appropriate for concluding better results for research. Research techniques: There are different types of research techniques such asquestionnaires, interviews, modelling, case study, observation etc. All these are essential forinvestigator to gather information related to the topic. According to the researcher or topic,questionnaires will be used by researcher because it will them in accumulating reliable and validdata about the study. Data collection:For assembling reliable information or data about the topic, there aretwo form of data collection sources such as primary and secondary. In case of primary research,questionnaires will be applied by researcher to gather valid information about the impact of6
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