Abstract
Recently there has been somewhat of a consensus among economists, political scientists, planners and geographers regarding the enhanced potential of sub-national territories and their institutions to influence the activities of multinational companies. To varying degrees, political scientists have stressed the growing powers and resources assumed by sub-national institutions and organizations as these have been redistributed among multiple levels of governance (for example, Jessop, 1997; Marks et al, 1996; Ohmae, 1993). Geographers have recently re- emphasised the relevance of sub-national territories not merely as containers of economic activity but intrinsic to the very organization and accumulation of economic activity (Cox and Mair, 1991; Amin and Thrift, 1995; Storper, 1995).
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© 2000 Nick Phelps, Kevin Morgan and Crispian Fuller
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Phelps, N., Morgan, K., Fuller, C. (2000). Regions, Governance and FDI: The Case of Wales. In: Hood, N., Young, S. (eds) The Globalization of Multinational Enterprise Activity and Economic Development. Palgrave Macmillan, London. https://doi.org/10.1057/9780230599161_15
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