ISSN: 2311-3278
+44-77-2385-9429
Department of Economic Studies, University of Oxford, Manor Road Building, OXI 3UQ, Oxford, United Kingdom
Research Article
UK Employment and Industrial Strategy Influence on Brexit
Author(s): Walid Y Alali and Haider Ellalee*
The UK in the case of a "Brexit," foreign direct investment is expected to be severely impacted in several ways,
including restrictions on corporate personnel transfers and the coordination of "service" activities due to customs
hurdles. The negative consequences of currency devaluation are also present. In the context of the already
present labour market polarization, inward investment flows into advanced manufacturing, food technology,
and financial services-all of which can create "good quality" jobs are particularly sensitive to friction in global
value chains under Brexit. The paper begins by emphasizing the auto sector case before moving on to illustrate
the connections between inward investment, employment restructuring, and the quality jobs calibre produced
by foreign enterprises... View More»
DOI:
10.35248/2311-3278.24.12.250