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

Max Munday, David Pickernell and Annette Roberts

Review of Urban & Regional Development Studies, 2000, vol. 12, issue 1, 17-35

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.

Date: 2000
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