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Asian Economic Problems and Prospects for Foreign Direct Investment: Local Evidence from the UK

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  • Max Munday
  • David Pickernell
  • Annette Roberts

Abstract

This paper explores the implications of the Asian crises and economic problems in the Japanese economy on a UK region with a high dependence on employment in Asian manufacturing transplants. The paper examines the development of the Asian transplant sector in the case region (Wales), and maps out the economic significance of the sector on the local economy. Following a review of the potential impacts of economic problems in Asia on the local transplant sector, the paper uses local case evidence to explore recent changes in the Asian manufacturing base in Wales. Recent reversals in the transplant sector have largely been caused more by “local†manufacturing conditions. The paper concludes with a discussion of factors that are most likely to affect the trajectory of the Asian transplant sector in the case region in the new millennium.

Suggested Citation

  • Max Munday & David Pickernell & Annette Roberts, 2000. "Asian Economic Problems and Prospects for Foreign Direct Investment: Local Evidence from the UK," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 12(1), pages 17-35, March.
    • Handle: RePEc:bla:revurb:v:12:y:2000:i:1:p:17-35
    DOI: 10.1111/1467-940X.00019
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    Cited by:

    1. David Brooksbank & David Pickernell, 2001. "Changing the Name of the Game? RSA, Indigenous and Inward Investors and the National Assembly for Wales," Regional Studies, Taylor & Francis Journals, vol. 35(3), pages 271-277.
    2. Chan Sok GEE & Mohd Zaini Abd KARIM, 2011. "Fdi´S Country Of Origin And Output Growth: The Case Of Malaysia?S Manufacturing Sector, 1991-2006," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 11(1).

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