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Impactos sociais do desinvestimento
[Social Impacts of divestment]

Author

Listed:
  • 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.

Suggested Citation

  • Moniz, António & Gomes, Cláudia, 2002. "Impactos sociais do desinvestimento
    [Social Impacts of divestment]
    ," MPRA Paper 5882, University Library of Munich, Germany, revised Sep 2002.
  • Handle: RePEc:pra:mprapa:5882
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/5882/1/MPRA_paper_5882.pdf
    File Function: original version
    Download Restriction: no

    References listed on IDEAS

    as
    1. Kuhlmann, Stefan & Boekholt, Patries & Georghiou, Luke & Guy, Ken & Heraud, Jean-Alain & Laredo, Philippe & Lemola, Tarmo & Loveridge, Denis & Luukkonen, Terttu & Moniz, António & Polt, Wolfgang & Rip, 1999. "Improving Distributed Intelligence in Complex Innovation Systems," MPRA Paper 6426, University Library of Munich, Germany, revised May 1999.
    2. 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.
    3. 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.
    4. 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.
    5. 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.
    6. Gabriel Benito, 1997. "Divestment of foreign production operations," Applied Economics, Taylor & Francis Journals, vol. 29(10), pages 1365-1378.
    7. H.D. Watts, 1991. "Plant Closures in Urban Areas: Towards a Local Policy Response," Urban Studies, Urban Studies Journal Limited, vol. 28(5), pages 803-817, October.
    Full references (including those not matched with items on IDEAS)

    Citations

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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.

    More about this item

    Keywords

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

    JEL classification:

    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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