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Affiliation(s)

Department of Global Culture Industry Management, Calvin University, Yongin, Republic of Korea
Department of Global Culture Industry Management, Calvin University, Yongin, Republic of Korea

ABSTRACT

Massive academics are at say of deregulations and institutional convergence in employment relations across the globe, be them in advanced or emerging economies. To benefit of doubt: Is it really in all countries in the world? Or are they the representative stories? Thus, the objective of this paper is to explore the recent context of industrial and labor relations in Nepal. To this end, the authors consider the recent Labor Act of 2017 as the fundamental basis for the examination of employment relations against the growing deregulations and institutional convergence in the neo-liberal contexts of post-globalization, highly competitive markets, export-oriented business, super digital technological advancement and increased labor migration abroad. The Labor Act of 2017 shows that the employment relations is around the system approach with collective bargaining, collective dispute settlement and the provision of arbitration, mediation or third-party system, to name a few. This indicates that the employment relations of deregulations and institutional convergence in the advanced and emerging economics, including Asia are some of the representative ones. In that the factors to influence such employment relations vary across the countries even though there has been increased competition, digitalization, labor migration and knowledge-intensive work around. In contrary, within the local, national context or institutional labor framework, the actors and the path dependence of overall employment relations do matter in the study of changing employment relations. Thus, the Labor Act of 2017 in Nepal is put into consideration as a case study to acknowledge the employment relations against the changing, global one. Further, the story would contribute to revitalization of industrial and labor relations and divergence of employment relations in the pool of literatures.

KEYWORDS

critical juncture, deregulations, institutional convergence, Labor Act of 2017, Nepal

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