Max Munday

The book considers the determinants of the regional distribution of foreign manufacturing investment in the UK. The core theme of the book is that foreign firms coming to the UK seek in their location decision to minimise their costs of production. This minimisation of production costs is constrained by the need to ensure that they are adjacent to their key markets, whether these be in the UK or wider EC.

Wales has one of the highest concentrations of Japanese manufacturing investment in Europe. It provides a case study for examining the economic and social impact of this investment, which is often perceived as being very different from existing foreign investment. The book evaluates this case study, looking at the attraction of Japanese capital to Wales, its impact on the Welsh economy, upon employment, management practice, industrial relations, the community, and upon the Japanese themselves.First published in 1993, this title is part of the Bloomsbury Academic Collections series.