Inward investment in the UK and the Single European Market

J.F. Bachtler, K. Clement

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

The impact of completing the Single European Market (SEM) on the economies ofthe Member States is predicted as a combination of economies of scale and greater competition (CECCHINI1, 988). In spatial terms, this implies a reallocation of resources to exploit the comparative advantage of different regions and countries. For the problem regions, especially those on the periphery of Europe, the integration process could lead to a variety of adverse sectoral and regional consequences. The effect of greater competition, for example, may reduce indigenous sectoral strengths and diversity and increase external control. The emergence or strengthening of agglomeration tendencies in core regions may lead to a growing centralization of investment and decision-making.
Original languageEnglish
Pages (from-to)173-180
Number of pages7
JournalRegional Studies
Volume24
Issue number2
DOIs
Publication statusPublished - Apr 1990

    Fingerprint

Keywords

  • inward investment
  • UK
  • Single European Market

Cite this