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Inward investment by Japanese manufacturing multinationals has come to have a profound influence on the UK and US economies. Focusing on the 1970s and 1980s, this study looks at the political economy of the investment location decision using an original analytical framework and four detailed case studies. In addition to the larger issues of protectionism, globalization and inter-firm competition, it investigates whether and how subnational factors can influence the specific subnational locational decision - an issue of great interest to any subnational region attempting to adapt to structural shifts in the global economy.
Japanese manufacturing investment in the European Community has grown dramatically over the last twenty years. At first, instances of investment were few, concentrated in a small number of industrial sectors. But since the mid-1980's there has been a surge of investment in a much wider range of industries. This volume details the growth of Japanese manufacturing investment in Europe in fourteen industrial sectors. The impact of Japanese competition and direct investment on European industries is considered in the context of the emergence of the three major trading blocs: the United States, Japan and the EC. Roger Strange concludes by making important policy recommendations, and arguing for the need for a new theoretical framework for assessing the political economy of foreign direct investment.
Providing an evaluation of procedures for quantifying the effects of non-tariff barriers, this book examines the theoretical bases for alternative procedures for measuring NTBs effects, and also presents a critical survey of previous studies that utilized these empirical studies.
This volume reports the proceedings of the Institute conference, which examines Canada's stake in expanding economic ties across the Pacific. The main conclusion emerging from the conference is that recent proposals for Pacific economic cooperation are widely perceived as motivated by desires for a new trade bloc. Instead, however, the current focus of Pacific economic cooperation is directed toward promoting progress in the Uruguay Round of GATT negotiations. In light of common concerns about unilateral trade actions by the U.S. and the European Community, strengthening the multilateral trading system is a key priority shared by Canada and other Pacific economies.
This study focuses on trade protection Europe, analysing those sectors in the European Union that have the highest protection profiles. The author assesses the costs to consumers and the effects on employment.
LIBERAL TRADE AND JAPAN THE INCOMPATIBILITY ISSUE IN ELECTRONICS What would be the cause of those many trade conflicts between Japan and the West? Do just lack of competitiveness and protectionism or inaccessibility of the Japanese market trigger repetitive trade conflicts or some mix? It may also be that economic systems of Japan and the Western industrial nations are incompatible. Both, the question of competitiveness and of frictions between both systems are addressed in this book. Incongruity of the economy of Japan and Western liberal system would have serious consequences for the continuity of the world trade system. H a contradiction between the two systems is supposed to exist, such ...
base to the white-collar class; and why its policies could not rescue Britain's economic decline. Surely there were historical opportunities to achieve these objectives. Successful Swedish labor politics have been dependent on the Swedish Social Democrats' capability to make coalition with various strata of classes and fulfilling the requirements of capital accumulation and maintaining the balance of class forces.