Impactos sociais do desinvestimento

Social Impacts of divestment

António Moniz and Claudia Teixeira Gomes

MPRA Paper from University Library of Munich, Germany

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.

Keywords: di-vestment; globalization; strategical management; labour markets (search for similar items in EconPapers)
JEL-codes: D74 F23 J63 O24 (search for similar items in EconPapers)
Date: 2002-10, Revised 2002-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in DIVEST – DESINVESTIMENTO E IMPACTOS ECONÓMICOS, SOCIAIS E TERRITORIAIS WP3 (2002): pp. 1-43

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