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VOL. 12, ISSUE 2 (2026)
Global trade transformations and human resource management: A comparative study of developed and developing economies
Authors
Kshitija T Kanagale, Dr. G R Junnaykar
Abstract
The emerging world trade order is changing global economic relations,
production systems, and workforce structures faster than ever before. With
trade liberalization, digital globalization, and shifting international
relations, market conditions are constantly evolving. As a result, Human
Resource Management (HRM) practices must also change to meet these new global
challenges. This study examines how these global trade changes affect Human
Resource Management strategies in both developed and developing countries. The
analysis shows that developed countries focus more on technology, employee
reskilling, and sustainable workforce practices to stay competitive. On the
other hand, developing countries focus on building skills, retaining talent,
and becoming stronger in the global market. The study concludes that Human
Resource Management should move beyond its traditional administrative role and
become a strategic partner that promotes flexibility, inclusion, and knowledge
sharing across borders to handle the challenges of the new global trade
environment.
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Pages:323-328
How to cite this article:
Kshitija T Kanagale, Dr. G R Junnaykar "Global trade transformations and human resource management: A comparative study of developed and developing economies". International Journal of Commerce and Management Research, Vol 12, Issue 2, 2026, Pages 323-328
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