The Impact of Japanese Investment on the New Town of Milton Keynes

The Impact of Japanese Investment on the New Town of Milton Keynes

Author: Alexander Roy

Publisher: Universal-Publishers

Published: 1998-06

Total Pages: 66

ISBN-13: 1581120257

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Foreign direct investment (FDI) is pivotal to the UK economy, with the UK being both the second largest investor abroad and the second largest host to foreign companies. Although since the Second World War FDI has been dominated by the USA, the more recent rise of Japan as both an international force in global markets and as an investor, has seen increasing amounts of Japanese FDI being directed towards the UK. Further, the perceived innovativeness of Japanese work organisation is held by many to have an even greater qualitative impact than the quantitative significance of Japanese FDI would indicate, providing both a 'demonstration' effect and a competitive spur to indigenous companies that it is believed has the power to transform the UK's competitiveness. However, many aspects of the 'Japanese challenge' have become mythologised, and it is important not to simply take these claims as axiomatic, especially as Government policy - including financial inducements to inward investors - are based upon these assumptions. Therefore, this dissertation uses primary and secondary research to assess the impact Japanese investment has had upon the new town of Milton Keynes (MK), which is the home to a significant cluster of Japanese investors, with a composition that broadly reflects FDI into the UK from Japan as a whole. The conclusion is that although there have been benefits in terms of employment, any positive transformative effect upon either indigenous industry or human capital has been limited. Further, the structural weakness in skills of the UK economy mean that Japanese investment may impose longer-term costs upon UK welfare.


A Social History of Milton Keynes

A Social History of Milton Keynes

Author: Mark Clapson

Publisher: Routledge

Published: 2004-08-02

Total Pages: 233

ISBN-13: 1135757763

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Established in 1967, Milton Keynes is England's largest new city and one of the fastest-growing urban areas in the UK. It is also a suburban city, genuinely liked and appreciated by most of its citizens. For many reasons, however, Milton Keynes is misunderstood, and its valuable recent lessons are mostly ignored in debates about national urban policy. This book discusses the popular and intellectual prejudices that have distorted understandings of the new city. A city is nothing without its people, of course, so Mark Clapson looks at who has moved to Milton Keynes, and discusses their experiences of settling in. He also confronts the common myth of the new city's soullessness with an account of community and association that emphasizes the strength of social interaction there.


Engineers in Japan and Britain

Engineers in Japan and Britain

Author: Kevin McCormick

Publisher: Routledge

Published: 2013-02-01

Total Pages: 323

ISBN-13: 1134718381

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Engineers are a key occupational group in the transformation of the modern world. Contrasts between Japans economic miracle and Britains relative economic decline have often been linked to differences in education, training and employment of engineers. Yet, such views have often rested on little more than colourful anecdotes and selective statistics. Using careful and systematic comparisons, Kevin McCormick locates the differences between rhetoric and reality to dismiss both the inflated claims of the 1980s and the excessive detraction of the 1990s with Japans prolonged recession.


Changing Settlements

Changing Settlements

Author: Garrett Nagle

Publisher: Nelson Thornes

Published: 1998

Total Pages: 132

ISBN-13: 9780174900214

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Examines the changing aspects of settlement and urbanization in the modern world, particularly in Great Britain. Suggested level: senior secondary.


Stochastic Population Dynamics in Ecology and Conservation

Stochastic Population Dynamics in Ecology and Conservation

Author: Russell Lande

Publisher: OUP Oxford

Published: 2003

Total Pages: 698

ISBN-13: 9780198525257

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1. Demographic and environmental stochasticity -- 2. Extinction dynamics -- 3. Age structure -- 4. Spatial structure -- 5. Population viability analysis -- 6. Sustainable harvesting -- 7. Species diversity -- 8. Community dynamics.


Advanced Geography

Advanced Geography

Author: Garrett Nagle

Publisher: Oxford University Press

Published: 2000-05-04

Total Pages: 334

ISBN-13: 9780199134076

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Written to meet the requirements of the new geography A-Level syllabuses, this volume explains difficult theories and concepts, and examines key issues and controversies. It includes case studies and over 1000 sample questions.


Assembling Work

Assembling Work

Author: Tony Elger

Publisher: OUP Oxford

Published: 2005-04-07

Total Pages: 428

ISBN-13: 0191529125

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Japanese manufacturing firms established in Britain have often been portrayed as carriers of Japanese corporate best practice for work and employment. In this book, the authors challenge these views through case study research, undertaken at several Japanese manufacturing plants in Britain during the 1990s. The authors argue that in actual fact production and employment regimes are adapted and 're-made' in a number of ways, responding to specific corporate and local contexts. In particular, they focus upon the ways in which Japanese and British managers have sought to construct distinctive work regimes in the light of their particular branch plant mandates and competencies, the evolving character of management-worker relations within factories and the varied product and labour market conditions they face. The book highlights the constraints as well as the opportunities facing managers of these greenfield workplaces, and the uncertainties that continued to characterize the development of management strategies. Ultimately the authors show how arguments about the role of overseas branch plants in the dissemination of management practices must take more careful account of the varied ways in which such factories are implicated in wider corporate strategies. The operations of international firms are embedded within intractable features of capitalist employment relations, especially as they are 're-made' in specific local and national settings. This book is an important intervention in contemporary debate about international firms and globalization, and will be of interest to teachers, researchers, and advanced students of this subject from disciplines including Business Studies, Organization Studies, Industrial Relations, Sociology, Political Economy, and Economic and Social Geography.