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Brexit, foreign investment and employment : some implications for industrial policy?
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Bailey, David, Driffield, Nigel L. and Kispeter, Erika (2019) Brexit, foreign investment and employment : some implications for industrial policy? Contemporary Social Science , 14 (2). pp. 174-188. doi:10.1080/21582041.2019.1566563
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WRAP-Brexit-foreign-investment-employment-Driffield-2019.pdf - Accepted Version Embargoed item. Restricted access to Repository staff only until 14 August 2020. Contact author directly, specifying your specific needs. - Requires a PDF viewer. Download (743Kb) |
Official URL: http://dx.doi.org/10.1080/21582041.2019.1566563
Abstract
Inward investment in the UK is likely to be negatively impacted in a number of ways in the event of a ‘hard Brexit’ via tariff barriers, but even “softer” forms of Brexit such as the current potential agreement are likely to cause customs delays, limits to the ability of firms to relocate staff, and to coordinate “servitization” activities. In addition are the the negative impacts of currency depreciation. In the context of already existing job market polarisation, inward investment flows in advanced manufacturing, food technology and financial services, which can bring ‘good quality’ jobs, are especially vulnerable under Brexit to frictions in global value chains. After highlighting the case of the auto industry, the paper moves on to stress the links between inward investment, employment restructuring and job quality given the employment opportunities foreign firms create
| Item Type: | Journal Article | ||||||||
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| Subjects: | H Social Sciences > HD Industries. Land use. Labor | ||||||||
| Divisions: | Faculty of Social Sciences > Institute for Employment Research Faculty of Social Sciences > Warwick Business School > Strategy & International Business Faculty of Social Sciences > Warwick Business School |
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| Library of Congress Subject Headings (LCSH): | European Union -- Great Britain, Investments, Foreign -- Great Britain, Labor market -- Great Britain, Industrial policy -- Great Britain | ||||||||
| Journal or Publication Title: | Contemporary Social Science | ||||||||
| Publisher: | Routledge | ||||||||
| ISSN: | 2158-2041 | ||||||||
| Official Date: | 2019 | ||||||||
| Dates: |
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| Date of first compliant deposit: | 15 February 2019 | ||||||||
| Volume: | 14 | ||||||||
| Number: | 2 | ||||||||
| Page Range: | pp. 174-188 | ||||||||
| DOI: | 10.1080/21582041.2019.1566563 | ||||||||
| Status: | Peer Reviewed | ||||||||
| Publication Status: | Published | ||||||||
| Publisher Statement: | This is an Accepted Manuscript of an article published by Taylor & Francis in Contemporary Social Science on 14 Feb 2019, available online: http://www.tandfonline.com/10.1080/21582041.2019.1566563 | ||||||||
| Access rights to Published version: | Restricted or Subscription Access |
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