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Impactos sociais do desinvestimento
[Social Impacts of divestment]

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Author Info

  • Moniz, António
  • Gomes, Cláudia

Abstract

The resulting economic integration of industrial processes and manufacturing internationalisation lead several authors to argue that world economy is globalised. In this context, the approach to the divestment concept without an social and económical context, does not show a group of associated practices and representations. Choices and options are motivated by exogenous forces that pushes companies to determine strategies that stop capital investment on new equipment goods, or on other imaterial goods. This type of strategy is designated by "divestment". The social level of consequencies are not due to the closing down or de-localization of production units that are divesting, but can be materialised of efects that are irreversible. This means unemployment, de-skilling, labour precarization and even emergence of new forms of social exclusion in former industrialised regions.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 5882.

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Date of creation: Oct 2002
Date of revision: Sep 2002
Handle: RePEc:pra:mprapa:5882

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Related research

Keywords: di-vestment; globalization; strategical management; labour markets;

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References

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  1. Haynes, Michelle & Thompson, Steve & Wright, Mike, 2000. "The determinants of corporate divestment in the UK," International Journal of Industrial Organization, Elsevier, vol. 18(8), pages 1201-1222, December.
  2. A. Pike, 1999. "The politics of factory closures and task forces in the north east region of England," Regional Studies, Taylor & Francis Journals, vol. 33(6), pages 567-575.
  3. Badguerahanian, Leon & Abetti, Pier A., 1995. "The rise and fall of the Merlin-Gerin Foundry Business: A case study in French corporate entrepreneurship," Journal of Business Venturing, Elsevier, vol. 10(6), pages 477-493, November.
  4. David Audretsch, 1994. "Business Survival and the Decision to Exit," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 1(1), pages 125-137.
  5. Kuhlmann, Stefan & Boekholt, Patries & Georghiou, Luke & Guy, Ken & Heraud, Jean-Alain & Laredo, Philippe & Lemola, Tarmo & Loveridge, Denis & Luukkonen, Terttu & Moniz, António & Polt, Wolfgang & Ri, 1999. "Improving Distributed Intelligence in Complex Innovation Systems," MPRA Paper 6426, University Library of Munich, Germany, revised May 1999.
  6. Gabriel Benito, 1997. "Divestment of foreign production operations," Applied Economics, Taylor & Francis Journals, vol. 29(10), pages 1365-1378.
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Cited by:
  1. Moniz, António & Gomes, Cláudia, 2003. "Impacto do desinvestimento no mercado local de emprego: o caso de uma unidade da indústria metalomecânica
    [Impact of divestment on the local employment market: a case of the metal industry]
    ," MPRA Paper 6862, University Library of Munich, Germany, revised Dec 2003.

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