The Rising Sun? The Japanese Contribution to the Local Economy in Wales

Max Munday, Jonathan Morris and Barry Wilkinson

Chapter 4 in Japan and the European Periphery, 1996, pp 52-68 from Palgrave Macmillan

Abstract: Abstract Japanese manufacturing investment has had a relatively long history in Wales, with pathfinder firms such as Sony and Matsushita entering the region during the mid-1970s. As a result of a series of expansions, and the entry of second-wave component manufacturing firms, the Japanese presence in Wales has increased dramatically and in 1994 employed an estimated 15 000 people in 33 manufacturing companies. Around a quarter of Japanese transplant manufacturing sector (TMS) employment in the UK is now in Wales. The longevity and size of the Japanese TMS in Wales provide ample material for a consideration of contribution to the local economy and the extent to which the presence of such investment corresponds to regional economic needs.

Keywords: Local Economy; Japanese Firm; Manufacturing Employment; Japanese Manufacturer; Trading Opportunity (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25196-4_4

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DOI: 10.1007/978-1-349-25196-4_4

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