‘Post-Cold War globalisation is driven by free-market capitalism and the questionable idea that the more a country opens up its markets to free trade, the healthier its economy will become… The result of the globalisation of markets is that goods, services, and ideas from all over the world are making their way into other cultures’ (Ferraro and Briody, 2017, pp.2−3).
Now, with specific regards to national employment and HR systems, critically compare and contrast arguments in favour of and against the notion that patterns of HRM are likely to converge as multinational corporations extend their influence and globalisation reduces the difference between nation states.