Inward Investment and Regional Development in North-East England
Henry Bernard Loewendahl
Chapter 11 in Bargaining with Multinationals, 2001, pp 295-332 from Palgrave Macmillan
Abstract:
Abstract In this chapter we analyse the role of inward investment in regional economic policy in the North-East (and Cumbria) region. We have seen that the North-East has attracted the largest number of manufacturing FDI projects per capita in England and is more dependent on the employment provided by foreign companies than any other UK region, except Wales. We have also seen than the region has attracted two of the UK’s biggest ever ‘flagship’ manufacturing projects, Nissan and Siemens, each with contrasting impacts on the economy. Nissan spurred the development of a regional supplier industry and is the one of the biggest employers and the biggest exporter in the region, while Siemens’ major impact would have been on upgrading the quality of work and increasing disposable income in the region, through its demand for a highly trained work-force.
Keywords: Supply Chain; Regional Development; Investment Policy; Japanese Firm; Investor Development (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59571-2_11
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DOI: 10.1057/9780230595712_11
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