In the Current Economic Climate Characterised by a Deep Recession and What Is Commonly Referred to as “Credit Crunch”, Critically Assess How the Use of Immigrants Could Be a Strategic Resourcing Choice for Multinational Corporations.

INTERNATIONAL STRATEGIC PERSONNEL AND DEVELOPMENT

MSC INTERNATIONAL HUMAN RESOURCE

FULL TIME 2008-2009

REPORT

BY

BA

2723244

(…. Words)

IN THE CURRENT ECONOMIC CLIMATE CHARACTERISED BY A DEEP RECESSION AND WHAT IS COMMONLY REFERRED TO AS “CREDIT CRUNCH”, CRITICALLY ASSESS HOW THE USE OF IMMIGRANTS COULD BE A STRATEGIC RESOURCING CHOICE FOR MULTINATIONAL CORPORATIONS.

Bruno Arba

IHRM Student

TO: Dieu-Hack Polay

IHRM Course Director

Faculty of Business, Computing & Information Management

London South Bank University

103 Borough Road

London

TABLE OF CONTENTS

TABLE OF CONTENTS 3

PERSONAL STATEMENT 4

INTRODUCTION 6

THE GLOBALIZATION OF THE LABOUR MARKET 7

MIGRATORY FLOWS 8

GLOBAL CITIES AND SOCIAL TRANSFORMATIONS 9

NEW IMMIGRATION 10

RECESSION AND IMMIGRANTS 12

IMMIGRANTS IN THE SOCIETY 14

ADVANTAGES FOR THE COMPANIES 15

THE NEW TRENDS 18

CONCLUSIONS 20

REFERENCES 21

PERSONAL STATEMENT

The target of the author during the writing of this report was to analyze like the multinational organizations might obtain competitive advantages from the employment of immigrants especially in a periods of deep recession. The impact of the research material on the analysis has been unexpectedly long and difficult. Lot of time was spent in the reading of different books. This reading was often useless in addressing the topic but it contributed to improve the skills of the author in many different fields.

Because of the complexity of the topic it has not been easy to find articles, books or previous reports that analyzed specifically the topic. For this reason the personal research had to be developed in a wider way and the different phenomenon were analyzed one by one mixing different sources from the other units approached during the course such as: managing an leading people, people resourcing and international employment relations.

The research is begun with a study of the...