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  • KTLR
  • Count : 296
  • 2022-11-27 04:53:20

KTLR Monitor traces and archives labour dispute cases in South Korea’s foreign direct investment (FDI) firms across the world. As a leading investor in East Asia, South Korea has contributed to the massive increase in transnational capital flow during the last three decades and expanded what we call transnational labour regimes (TLRs). TLRs refer to the increasing influence of transnational actors, institutions and motivations over maintaining institutions, rules, and practices through which relations between labour and capital are regulated. Labour regimes no longer exist predominantly as nationally bound institutions despite their physical locations within national boundaries. Furthermore, emerging TLRs in individual production sites and economies are being integrated into transnational hierarchies of labour regimes built by TNCs attempting to take maximum advantage of each labour regime for their competitive position globally. TLRs tend to put downward pressure on wages, labour standards and welfare, particularly in Asia’s smaller and weaker developing economies. We believe monitoring KTLRs helps us grasp better the nature of TLRs across East Asia and prevent negative impacts of TLRs on the welfare of workers in Asia’s developing economies.