The wider effects of inward foreign direct investment in manufacturing on UK industry

This paper examines the wider effects of inward foreign directinvestment (FDI) to the UK on improving the practices and competitivenessof domestic industry. Surveyed domestic suppliers, competitors,and customers to foreign investors reported extensive positiveimpacts on their practices, focused particularly on reductionsin X-inefficiencies, and on their competitiveness, althoughin the case of competitors benefits had to be balanced againstadverse effects. Knowledge transfers through personal contactsand the demonstration effect, were important to the transmissionof impacts, but a number of other channels were also important,including additional supplier sales, improved customer inputs,and the competitive spur. Regional policymakers should takethese wider benefits into account in the design of policiesfor attracting and embedding foreign investment. However, whilstthere was no evidence that foreign firms in assisted regionshad fewer benefits than those in core regions, there was a lotof leakage outside of the areas attracting foreign firms, suggestingthat policies to promote spillovers should not be developedentirely in a local or regional framework.     

Remaking Work, Remaking Space: Spaces of Production and Accumulation in the Reconstruction of American Capitalism, 1865–1920

The era of US capitalist development between 1865 and 1920 offers a good opportunity to analyze the relational nature of social change at multiple scales precisely because it was a time of transition, for US and world capitalism alike. Existing accounts of the transition to monopoly capitalism in the US have focused on one or two geographical scales, such as the national economy or the shop floor. In this literature, scales are essentially treated as "containers" within which social change occurs. The possibility that the containers themselves may be fundamentally altered is not addressed. In contrast, this paper views labor process transformations, and transformations of the social division of labor, as dialectically bound. In particular, I seek to explain how the American transition to monopoly capitalism shaped, and was shaped by, class conflict and competitive pressures at multiple scales—the shop floor, the region, and the national and global divisions of labor.     

On the external sandhis of the Maitrāya $$\underset{\raise0.3em\hbox{$\smash{\scriptscriptstyle\cdot}$}}{n}$$ ī Sa $$\underset{\raise0.3em\hbox{$\smash{\scriptscriptstyle\cdot}$}}{m}$$ hitā

Indo-Iranian Journal -