AN INVESTIGATION ON OFFSHORING AND RESHORING: IMPLICATIONS FOR THE UK ECONOMY

UCHE, N. CHINYERE (2015) AN INVESTIGATION ON OFFSHORING AND RESHORING: IMPLICATIONS FOR THE UK ECONOMY. [Dissertation (University of Nottingham only)]

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Abstract

Many years have seen the offshoring phenomenon to be a continuous occurrence in different parts of the world because it yields major benefits for the firm carrying out the activity but the tide seems to be changing in the market today especially due to the identification of the hidden costs and other. The paper begins by discussing the concepts which are associated with the topic and the various progressions to which it occurs. The drivers to which have caused repatriation to the UK are similar to other counties but a few factors have being identified to be specific to just the UK. Hence, the factors to which drives reshoring were addressed while UK specific drivers such as brand name, quality, skill base and regulated legal frameworks which protects manufacturers were elaborated upon; some barriers which included high labour cost, taxes and energy cost were also identified by manufacturers whom considered repatriation to the UK.

The findings provide a comprehensive framework for the analysis of the impact (positive and negative) of reshoring on the economic, social, political, and environmental aspects of the entire UK economy. The research conducted further shows that the integration of manufacturing processes with other forms of businesses can severely boost the economy alongside the right structures and processes to encourage the sustainability of the reshoring occurrence within the UK.

Item Type: Dissertation (University of Nottingham only)
Keywords: Reshore, Reshoring, On-shoring, Back-shoring, Repatriation, Manufacturing
Depositing User: Uche, Chinyere
Date Deposited: 23 Mar 2016 16:07
Last Modified: 25 Oct 2016 15:22
URI: http://eprints.nottingham.ac.uk/id/eprint/30369

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