FDI, Industrial Policy and Employment Impacts on Brexit

Arbeitspapier

The UK Inward investment is likely to be negatively affected in several ways in the event of a "Brexit" via customs barriers, but even "softer" forms of Brexit such as the current potential agreement are likely to cause customs delays, Limits companies' ability to transfer employees and coordinate "service" activities. In addition, are the negative effects of currency depreciation. In the context of already existing labour market polarization, inward investment flows into advanced manufacturing, food technology and financial services, which can provide “good quality” jobs, are particularly vulnerable under Brexit to frictions in global value chains. After highlighting the case of the auto industry, the paper moves on to emphasize the links between inward investment, employment restructuring, and the quality of jobs that have been created by foreign firms.

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• Language: Englisch

Classification and Topics

• Classification: Wirtschaft ; Studies of Particular Policy Episodes ; Trade Policy; International Trade Organizations ; Empirical Studies of Trade ; Trade and Labor Market Interactions
• Subject: Brexit ; foreign direct investment ; global value chains ; employment ; job quality ; regions ; industrial policy

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Alali, Walid Y. ; Ellalee, Haider
• Event: Veröffentlichung
• (who): SSRN
• (where): Rochester, NY
• (when): 2018

Further information

• DOI: doi:10.2139/ssrn.4482587
• Handle: http://hdl.handle.net/10419/274656