Japanese Manufacturing Investment In Europe

Japanese manufacturing investment in Europe has been on the rise for the past two decades. This has been due to a number of factors, including the increasing competition from Japan and the development of the three major trading blocs- the United States, Japan, and the European Community. In order to better understand the impact of Japanese investment on European industries, as well as the implications of this investment for policy, Roger Strange has conducted a study of Japanese investment in 14 different industrial sectors. Strange argues that Japanese competition has had a negative impact on many European industries, and that more research is needed in order to better understand the political economy of foreign direct investment. He also makes several policy recommendations, including the need for a better understanding of the impact of Japanese investment on European economies, and the need for a more comprehensive policy response.

Japanese manufacturing investment in the European Community has grown dramatically over the last 20 years. At first, instances of investment were few, concentrated in a small number of industrial sectors. But since the mid-1980's there has been a surge of investment in a much wider range of industries. This volume details the growth of Japanese manufacturing investment in Europe in 14 industrial sectors. The impact of Japanese competition and direct investment on European industries is considered in the context of the emergence of the three major trading blocs: the United States, Japan and the EC. Roger Strange concludes by making important policy recommendations, and arguing for the need for a new theoretical framework for assessing the political economy of foreign direct investment.