Multinational resilience or dispensable jobs? German FDI and employment in the Czech Republic around the Great Recession.
"This article investigates the employment development of Czech-based firms in German ownership in the years around the Great Recession of 2008/2009. The intense involvement of German firms in the economy of the neighboring country via foreign direct investment (FDI) raises the question whether...
| Main Authors: | , , |
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| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Nürnberg
2015
IAB |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19113802124919310849-Multinational-resilience-or-di.htm |
| _version_ | 1771659901769089024 |
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| author | Eisermann, Merlind Moritz, Michael Stockinger, Bastian |
| author_facet | Eisermann, Merlind Moritz, Michael Stockinger, Bastian |
| collection | Library items |
| description | "This article investigates the employment development of Czech-based firms in German ownership in the years around the Great Recession of 2008/2009. The intense involvement of German firms in the economy of the neighboring country via foreign direct investment (FDI) raises the question whether under the conditions of a historically deep global downturn, Czech employees in multinational companies were confronted with an increased volatility of their jobs. Using a unique firm-level dataset, we contrast the affiliates of German investors with purely Czech-owned enterprises. Our findings indicate that in the years before the crisis, firms with German capital exhibited a noticeably more positive employment development. The results from the year 2008 onwards give reason to the conclusion that German-owned firms played a stabilizing role for the Czech labor market during the recession." |
| format | TEXT |
| geographic | Czechia Germany |
| id | 19113802124919310849_84513b0f22b74f3bb55da71c5c038efe |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19113802124919310849_84513b0f22b74f3bb55da71c5c038efe |
| is_hierarchy_title | Multinational resilience or dispensable jobs? German FDI and employment in the Czech Republic around the Great Recession. |
| language | English |
| physical | 30 p. Digital |
| publishDate | 2015 |
| publisher | Nürnberg IAB |
| spellingShingle | Eisermann, Merlind Moritz, Michael Stockinger, Bastian economic recession employment foreign investment multinational enterprise Multinational resilience or dispensable jobs? German FDI and employment in the Czech Republic around the Great Recession. |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=108200292648 |
| title | Multinational resilience or dispensable jobs? German FDI and employment in the Czech Republic around the Great Recession. |
| topic | economic recession employment foreign investment multinational enterprise |
| url | https://www.labourline.org/KENTIKA-19113802124919310849-Multinational-resilience-or-di.htm |