Auto-production systems in Japan: organisational and locational features

Through their highly controlled production systems Japanese auto-makers have succeeded to a considerable degree in extending the basic principles of modern factory production–specialisation and timing–to regional space. Thousands of firms, large and small, hierarchically connected in subcontracting layers supply a myriad of parts and engineering services to the auto-makers. Automakers minimise the level of stocks of parts at their plants by requiring their direct suppliers to make frequent deliveries. These firms function as extensions of the auto-maker's plant with the result that the regional production system functions with precision approaching that of a single well-organised factory.     

Location and collaboration: Manufacturing firms' use of knowledge intensive services in product innovation

The paper addresses the relation between geographical location of firms and collaboration with knowledge intensive service providers on product innovation in a small country setting. The analysis shows that even in a small country with limited geographical distances firms located in peripheral areas are less likely to be broad users of collaboration with knowledge intensive service providers in the process of product innovation than firms located in major urban areas. However, it is only amongst firms located in the periphery that collaboration strategy seems to matter in the sense that differences in development in employment can be detected between broad and rare users of collaboration.     

Assessing the role of the international financial services centre in Irish regional development

This paper examines the manner and extent to which the International Financial Services Centre (IFSC) in Dublin contributes to regional development in Ireland. Since its 1987 launch, the IFSC created over 10,000 jobs and promoted urban renewal in a previously derelict section of Dublin. Although it stands as one of Ireland's most prominent development projects, empirical examination of the IFSC remains limited. This study looks specifically at issues such as the kinds of activities and employment created at the IFSC, as well as local linkage formation. Based on published data and research interviews, this paper shows that the IFSC contributed to Ireland's economic development at a time when industrial policy focused primarily on employment creation. To date the IFSC has proven to be a successful policy intervention, the routine nature of many IFSC-related activities raises questions about the IFSC's ability to become something more than a centre for back-office financial services.     

Information without frontiers: Financial services,EC regulation and European cities

Using Castells' notion of the informational mode of development, this briefing investigates the changing hierarchy and function of European cities in the light of EC policies. The EC regulatory regime is identified as an integral part of the informational mode of development, setting the parameters within which the corporate sector operates. It is argued that the purpose of information flows is mainly control. A new constellation of European cities is anticipated which depends to a large extent upon the degree to which cities, competing against one another, are able to establish central urban complexes. These are based on the agglomeration economies between corporate headquarters, financial institutions and producer services at the urban level, and information flows at a global level of communications. Among the vast array of EC policies the paper identifies those in support of innovation and telecommunications, the deregulation of financial services, and regional policy as crucial for urban development. Given the requirements of infrastructure, institutions, professional skills and regulatory competence, existing metropolitan centres will capitalize on their comparative advantage and attempt to build on these in the future. These developments are likely to foster further concentration of capital and investment in a few major centres, thus counteracting other EC policies of regional equalization and harmonization. It is argued that these and other contradictions are an amplification of those already afflicting the capitalist state at both national and local levels. The paper also offers an opportunity to reassess aspects of traditional location theory, in particular central place models, in the light of these developments and finds them wanting. The same conclusion is reached regarding the cost‐benefit calculus of the Cecchini Report.     

From fashion product industries to fashion: upgrading trends in traditional industry in Taiwan

In the 1990s, China opened its economic markets and replaced the New Institutional Economics (NIEs) of East Asia as the global centre for sourcing labour. This event changed the spatial and economic structure in Asia, especially in Taiwan. Based on the historical evolution of the textile and clothing industry in Taiwan, this study examined how traditional textile and apparel manufacturing was upgraded in Taipei, the capital of Taiwan, and in Tainan, the most historical city of Taiwan, under varying resource availability and under different city policies. While referring to both second-hand information and the literature, the results of interviews with fashion industry professionals were also considered. This study revealed that the potential to upgrade the fashion industry was highly associated with regional background characteristics. Additionally, lack of talent and the limited market for domestic brands create the largest bottleneck in the current fashion industry in Taiwan. Accordingly, the optimal solution for the fashion industry in Taiwan is to promote affordable Taiwanese brands and to use e-commerce. Such integration may enhance the position of the Taiwanese fashion industry in global networks.     

Entrepreneurial industry structures and financial institutions as agents for path dependence in Southwest Norway: the role of the macroeconomic environment

ABSTRACT

Guided by an evolutionary perspective, we study how macroeconomic shifts as an exogenous factor contribute to the endogenous roles of financial institutions and the entrepreneurial industry structure as indicators for path extension or diversification in Southwest Norway. Path extension implies that new firm formation reproduces itself with limited variation. Path diversification implies a departure from existing paths, in that entrepreneurial activities expand into unrelated or related industries. Between 1992 and 1998, we observe a departure from path extension and an increase in entrepreneurial path diversification into unrelated industries, but this trend declines in the following years. The increase and decline are stronger for Southwest Norway than for the rest of the country. Throughout the whole period of observation (1992–2011), we observe a steady decline in path diversification into related industries. Thus, Southwest Norway, and the country as a whole, experiences an extension of an industry structure that increasingly reproduces itself, which implies stronger path dependence and decreasing diversification of related and unrelated entrepreneurial activity. Financial institutions mostly reinforce path extension, even in periods when abundant capital is available, but to some degree, they also induce related path diversification.     

The elderly population of Great Britain: locational trends and policy implications

"The distribution in 1981 and trends during the 1970s of the pensionable age population, of those aged 75 years or more and of pensioners living alone in Great Britain are examined by counties, by county districts and at the intra-metropolitan scale. A pause in the tendency towards the spatial dissociation of the elderly from the remainder of the population is revealed. Many large retirement resorts now have declining elderly populations although rapid growth continues in their suburbs and adjacent rural areas. Rapid increases of the elderly population during the 1970s were seen in several inland rural areas and to a lesser extent in well established new towns and large city suburbs."     

Quality, imagery and marketing: producer perspectives on quality products and services in the lagging rural regions of the European Union

A range of factors, including consumer concerns about food safety, the growing popularity of rural tourism and policy initiatives to promote endogenous rural development, is converging to promote a relocalization of food production and service provision, especially in those regions marginalized by the globalization of the food supply system. The recent outbreak of foot and mouth disease in the UK has starkly illustrated the fragility of localized systems which depend heavily on consumers travelling to them. Within such a context, the importance of successful marketing strategies has become even more apparent. This paper reports on a questionnaire survey which investigated promotional and marketing strategies among a diverse range of producers and service providers in marginal agricultural areas of the EU. The findings suggest that many producers are situated towards the formal end of a marketing continuum, whereby ability to promote quality products and services (QPS) lies with a range of intermediaries. This raises doubts about the future economic benefits of QPS, should current marketing structures persist. The discussion offers critical reflections on interdisciplinary and international research of this nature, and advocates further theoretical and methodological development in order to explore in more depth many of the aspects raised in this exploratory investigation.     

Restructuring of the European chocolate industry and its impact on cocoa production in West Africa

During the 1990s, both the European chocolate industry and thecocoa butter industry have become increasingly centralised.Today only a handful of companies in each segment control theproduction of intermediate goods and massmarketed brands. Thecocoa sectors of the major producing countries in West Africahave at the same time been liberalised and privatised due tothe dismantling of state marketing boards. This paper examinesthe relationship between the new raw material requirements (bothin qualitative and quantitative terms) of the processing industryin Europe and restructuring processes in the cocoa sectors ofmajor African producer countries.     

Anthropology in the financial crisis

This editorial considers the opportunities opened up for anthropologists by the financial crisis of 2008. The chief of these is the exposure of cracks in the intellectual hegemony of free-market economics which contributed to an unnecessarily defensive posture on the part of most anthropologists during the period of neoliberal globalization. The authors claim that anthropology can bridge the gap between everyday life and the world at large by combining the study of ideas and social actions. We draw on Ortiz's research among financial professionals to show how working practices informed by economic liberalism can have extremely unequal consequences for the global distribution of resources. The perspectives of Mauss and Polanyi on political economy can help us to make sense of the current situation and to recommend a path forward beyond market fundamentalism. Their general ideas lend power to the concrete findings of field research. The mask of neoliberal ideology has been ripped from the politics of world economy. Anthropology's highest mission is to start from where people are and go with them wherever they take you. What better time to follow this imperative than when the model the world has been compelled to live by for three decades is in such disarray?     

The South Korean financial crisis: competing explanations and policy lessons for financial liberalization

There are two types of explanations of the Asian financial crisis: the 'fundamentalist', which focuses on macroeconomic imbalances; and the 'self-fulfilling', which ascribes the crisis to beliefs. This article argues that while both have some merit in explaining the Korean crisis, neither fits the facts very well. The authors put forward a new explanation which emphasizes the role played by financial liberalization and the structural weaknesses in the banking system. They explain that the combination of these factors created conditions that made the Korean banking system vulnerable to the sentiments of foreign investors, simultaneously eroding the ability of the Korean central bank to act effectively as a lender of last resort. The authors examine how various policy mistakes aggravated the crisis and draw some conclusions that may be useful for other emerging market economies.