ERM annual report 2016: Globalisation slowdown? Recent evidence of offshoring and reshoring in Europe

Annual report
Updated
01 February 2017
Published
01 February 2017
Formats
Executive summary in 22 languages

PDF

Abstract

The 2016 annual report from the European Restructuring Monitor (ERM) provides evidence of the employment impact of recent restructuring activity in Europe based on the European Union Labour Force Survey (EU-LFS) and the ERM events database. The thematic part of this year’s report centres on trends in both the offshoring and reshoring activity of companies in Europe, with a focus on the manufacturing sector. ERM data indicates that offshoring has never been a large source of job loss in Europe, and the analysis finds that offshoring started to decline after the global financial crisis and has yet to recover. It also finds that offshoring has increased in eastern Europe while it has declined in western Europe. Evidence of reshoring is limited; what evidence exists suggests that it is a relatively minor phenomenon. An executive summary is available - see Related content.

  • Full report

    Number of Pages: 
    56
    Reference No: 
    EF1652
    ISBN: 
    978-92-897-1562-1
    Catalogue: 
    TJ-AL-16-001-EN-N
    DOI: 
    10.2806/858354
    Catalogue info

    ERM annual report 2016: Globalisation slowdown? Recent evidence of offshoring and reshoring in Europe

    The 2016 annual report from the European Restructuring Monitor (ERM) provides evidence of the employment impact of recent restructuring activity in Europe based on the European Union Labour Force Survey (EU-LFS) and the ERM events database. The thematic part of this year’s report centres on trends in both the offshoring and reshoring activity of companies in Europe, with a focus on the manufacturing sector.

    Available formats

  • Executive summary

    Reference No: 
    EF16521
    Catalogue info

    ERM annual report 2016: Globalisation slowdown? Recent evidence of offshoring and reshoring in Europe - Executive summary

    Authors: 
    Eurofound

    The 2016 European Restructuring Monitor (ERM) report provides evidence of the employment impact of recent restructuring activity in Europe, based on the European Union Labour Force Survey (EU-LFS) and the ERM events database. Employment growth in the EU28 has been accelerating since 2013, and 3.5 million net new jobs were added in the 12 months to the first quarter of 2016. This rate of employment growth (1.6% per annum) has not been seen since 2007–2008. In line with the EU-LFS data, the ERM now shows for the first time since 2008 that announced job creation was greater than announced job destruction. The report provides details on sectors creating and losing jobs, with some focus on the retail trade, the eastward shift of motor vehicle manufacture in Europe, and the employment impact of mergers in financial services. The thematic focus of this year’s report is on recent trends in both the offshoring and the reshoring activity of companies in Europe. Read more in the report - see Related content.

    Available in 22 languages for download

    PDF

Part of the series

  • European Restructuring Monitor

    The European Restructuring Monitor has reported on the employment impact of large-scale business restructuring since 2002. This series includes its restructuring-related databases (events, support instruments and legislation) as well as case studies and publications.

Useful? Interesting? Tell us what you think. Hide comments

Add new comment