Impactos sociais do desinvestimento
Social Impacts of divestment
António Moniz () and
Claudia Teixeira Gomes
MPRA Paper from University Library of Munich, Germany
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.
Keywords: di-vestment; globalization; strategical management; labour markets (search for similar items in EconPapers)
JEL-codes: J63 D74 O24 F23 (search for similar items in EconPapers)
Date: 2002-10, Revised 2002-09
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Published in DIVEST – DESINVESTIMENTO E IMPACTOS ECONÓMICOS, SOCIAIS E TERRITORIAIS WP3 (2002): pp. 1-43
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:5882
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