ABSTRACT
This conclusion presents some closing thoughts on the concepts discussed in this book. The book evaluates a significant number and variety of the outcomes deriving from globalization with implications for the academic debate on globalization and for managers, trade unions and employees and nation-states and their governments. B. McKenna's study of the Australian responses to globalization is broadly consistent with the depressing scenario. This has occurred partly because of the changing power relationships between labour and capital within the Australian labour market brought about by the contextual characteristics of globalization and it must be added the acquiescence of the government policies. The mis-management of culture and cultural diversity, the untempered impact on labour markets and employment, the failure to optimize local characteristics in the interests of business performance have at least two root causes. The impersonal process of globalization itself and local confusion and incoherence.
