In today's world, what influences industrial relations?

Question

Quizplus · Accepted Answer

Macro-economic policies, such as liberalization of markets, have a significant influence on industrial relations. These policies affect the labour market by altering employment patterns, wage levels, and job security, which in turn can change the nature of employer-employee relations. Additionally, macro-economic policies can affect the bargaining power of unions and the extent of regulatory protection available to employees.

In Today's World, What Influences Industrial Relations