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Changing the Name of the Game? RSA, Indigenous and Inward Investors and the National Assembly for Wales

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  • David Brooksbank
  • David Pickernell

Abstract

The recent rejection of British Aerospace's (BAe) application for 25m in Regional Selective Assistance (RSA) for its Broughton facility in North Wales, and subsequent granting of 19·5m in other aid packages, has highlighted an important policy issue now facing development areas across the UK. In particular, how do governments balance the ability of foreign investors to lever increasingly scarce economic development resources from central coffers on a continuing (almost automatic) basis against the new policy agenda which is focusing to a much higher degree on the needs of indigenous firms? Using a new database on RSA to contrast the fortunes of BAe with those of several prominent inward investors, this article illustrates the complex political economy that now surrounds grant decisions in post-devolution UK.

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  • 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.
    • Handle: RePEc:taf:regstd:v:35:y:2001:i:3:p:271-277
    DOI: 10.1080/00343400124880
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    6. 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.
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    Cited by:

    1. Zoltan J. Acs & David J. Brooksbank & Colm O'Gorman & David G. Pickernell & Siri Terjesen, 2007. "The Knowledge Spillover Theory of Entrepreneurship and Foreign Direct Investment," Jena Economics Research Papers 2007-059, Friedrich-Schiller-University Jena.
    2. Huong Thu Le & Alison L. Booth, 2014. "Inequality in Vietnamese Urban–Rural Living Standards, 1993–2006," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(4), pages 862-886, December.

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