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Brexit, foreign investment and employment: some implications for industrial policy?

机译:BREXIT,外国投资和就业:对产业政策的一些影响?

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摘要

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.
机译:在英国的内向投资可能会在通过关税壁垒的“硬布雷克斯”的情况下以多种方式产生负面影响,但即使是“较软的”形式的Brexit,例如当前潜在的协议可能会导致海关延误,限制企业重新安置员工的能力,并协调“驾驶”活动。此外还有货币贬值的负面影响。在现有的工作市场极化的背景下,先进制造,食品技术和金融服务的内向投资流动,可以带来“良好的质量”就业,在全球价值链中的摩擦下尤其脆弱。突出了汽车行业的案例后,鉴于就业机会创造的就业机会创造了向内投资,就业重组和就业质量之间的联系。

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