 Foreign Direct Investment in Wales: Lifeline or Leash?Max Munday Chapter 4 in Wales in the 21st Century, 2000, pp 37-54 from Palgrave Macmillan Abstract: Abstract The 1980s and 1990s have seen increasing global debate about the regional contribution of foreign-owned manufacturing. In Wales, one context of this debate has been why, following an extended period of 'spectacular' inward investment successes, Wales has continued to have such disappointing figures on indicators of economic well-being in relation to other UK regions. This chapter begins with a review of the 'facts' on foreign direct investment in Wales, focusing on the differences between the foreign-owned and domestically owned manufacturing sector, and on recent development trends in the foreign manufacturing sector. We then explore a selection of the issues that surround the presence of foreign manufacturing in Wales, particularly in terms of the contribution of the sector to regional development processes. The final section contains conclusions which explore the likely trajectory of the foreign-owned manufacturing sector in Wales, largely in the context of expected changes in the location competitiveness of Wales and the UK. Keywords: Foreign Direct Investment; Foreign Firm; Domestic Firm; Multinational Enterprise; Foreign Direct Investment Inflow (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-98153-5_4 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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