The Future of Japanese Manufacturing in the UK

The expansion of Japanese FDI into the UK manufacturing sector during the 1980s and early 1990s gave rise to the debate on the Japanization of British industry. The paper argues that this debate was constructed from a Western perspective. It did not locate the strategies and structures of Japanese subsidiaries within the broader context of how Japanese multinational corporations were evolving in this period. The necessity to look at these issues from a more global perspective is reinforced by the changes which have occurred since the mid 1990s in the environment for Japanese multinationals. The global economy offers more choices to firms about their location as well as facing them with a more competitive environment. In the Japanese case, this is leading to a growing differentiation between standardized mass production (which can be located in Asia and Eastern Europe) and science–led sectors of industrial production (which necessitate location near to centres of research and development expertise in the USA and Europe). This means that Japanese firms are reconsidering the strategy and structure of their subsidiaries in the UK. Standardized mass production will only survive in the UK as long as costs can be pushed further down and productivity increased, both of which are difficult conditions to meet given possibilities elsewhere in the world for cheap mass production. The growing area of investment will be in science–based manufacturing, though here the UK will be competing against the USA and Germany for Japanese investment. Here, however, the organizational and management characteristics of Japanese subsidiaries will make the necessary connections with local managers and local networks of expertise difficult to achieve. Thus Japanese subsidiaries in the UK are in a period of prolonged uncertainty about their role in the future. These changes open up the necessity for a new agenda of research which goes beyond the Japanization approach and is concerned with the organization and management of Japanese multinationals in an era of global competition.     

A multiple time-series analysis of labor supply and earnings in economic development

Using multivariate time-series techniques, the dynamics of male and female labor supply and earnings in Puerto Rico are examined during a period of rapid economic developemnt, 1953–1978. The temporal analysis suggests that aggregate male and female labor force participation rates are exogenous to male and female earnings. In addition, continous declines in male participation have been partly responsible for increases in both male and female earnings and a narrowing of relative earnings differentials. The study also finds that the advent of the Food Stamp Program in 1975 has resulted in a small reduction in male labor force participation. Moreover, the inclusion of food stamps as an intervention component is quite useful in forecasting the male participation rate. The forecasting accuracy of univariate and multivariate models is assessed with the result that, in every instance, the multivariate transfer functions prove superior. Overall, the results support the incorporation of multiple time-series in econometric studies of developing countries and provide evidence of its usefullness for development planning and policy.     

在危机时刻，还是得看美国

在未来一段时间，华尔街的灾难事件可能会搁置宏观经济讨论的两个时髦话题。第一是经济势力是否会从美国转向“新的财富创造者”——中国、印度、巴西甚至石油丰富的俄罗斯以及迪拜等积极的金融市场新来者，转移的速度有多快。第二是关于“脱钩（decoupling）”理论。这种理论认为主要的新兴经济市场独立成就成功故事——即如果美国感冒，它们会得肺炎，而是愈加免疫于世界最大经济体的金融混乱以及衰退。     

The more,the merrier? An exploratory study into managing channels in UK financial services

Abstract

Following the emergence of retail parks in the late 1970s in Britain, they have grown in number, scale and degree of retail specialisation. Some continue to form concentrations offering primarily ‘bulky goods’ shopping, while others have diversified to offer traditional ‘high street’ functions from stores indistinguishable from their town and city centre equivalents. Consequently, in some cases the emergence of new ‘high streets’ in the suburbs can be posited. In view of the potential impact such developments might have on traditional shopping centres, this study reviews the development of retail parks in Britain in recent years, and examines the commercial impact of a retail park in the process of transition towards a suburban ‘high street’. Evidence from surveys in 2003 and 2004 of the Fforestfach Retail Park in the greater Swansea area indicates that the transition towards a suburban ‘high street’ is beginning to impact significantly on traditional shopping centres of all types. It was evident that even small additions of ‘high street’ functions between the two recent survey dates elicited a statistically significant strengthening of their trading impact. Consequently, it is suggested that upgraded retail parks are likely to become stronger competitive threats to the full range of district, town and city centres if ‘high street’ functions continue to be added to retail parks.     

Reducing Consumer Disadvantage: Reassessing Access in the Retail Environment

Abstract

Extensive interviews about the food shopping experiences of one disadvantaged group—wheelchair users in South Wales—enables a reassessment of the access dimension of consumer disadvantage following a period of pronounced retail changes and improvements associated with the Disability Discrimination Act. Although a slim majority of wheelchair users felt that they had proper choice over their shopping locations, many expressed continuing experiences of consumer disadvantage. Residual consumer disadvantage remains particularly in older, more traditional shopping locations, while the large supermarkets offer advantages because of their dedicated car parking spaces, their spacious aisles, special facilities and staff training. For the wheelchair user, superstore growth has had a beneficial effect on accessibility, reducing consumer disadvantage.     

Defining the Product in Social Marketing: An Analysis of Published Research

Social marketing, a discipline rooted in marketing principles, lacks consensus on the conceptual and operational definition of product. The purpose of this article was to explore how social marketing researchers have conceptualized the product and how this definition has influenced strategy development. A systematic review of 10 years of peer-reviewed literature resulted in 92 intervention-based articles. Nearly all studies focused on health-related behavior change. Few studies used marketing language and the three product level classification. One-third of studies provided a tangible product while communication was the only strategy in over half of the studies. The focus on behavior as the product and using communication as the primary or sole strategy may limit social marketing's effectiveness as the approach resembles other social change strategies. If social marketing research aims to advance its position as a social change strategy, a starting point should be to reexamine the definition of product.     

Student Workload and Assessment: Strategies to Manage Expectations and Inform Curriculum Development

Abstract

This study reports the results of a survey of student study times and perceptions of workload in undergraduate and graduate accounting courses at a large Australian public university. The study was in response to student feedback expressing concerns about workload in courses. The presage factors of student workload and assessment in Biggs’ 3P model are used because these factors can influence students' approaches to learning and therefore course improvements based on these factors could bring the greatest benefits. The findings suggest that the workload is not too heavy but that student perceptions of workload can be improved by clearer communication of teacher expectations and targeted course review to implement constructively aligned curricula. Initiatives implemented in assessment and to better match workload expectations between student and teacher are discussed and could be generalized to most courses. Areas for further research in student workload management are proposed.     

Smoking for taxes: the triumph of fiscal policy over health in postwar West Germany, 1945–551

In the postwar period, the West German tobacco industry faced several challenges, not least competition from smuggled Virginia cigarettes. This reflected the Americanization of smoking tastes and threatened domestic tax revenue. The popular preference for ‘American blend’ cigarettes also hindered trade with Greece and Turkey, suppliers of Oriental tobacco to German manufacturers. The proposed solution was tax cuts to stimulate demand for domestically produced cigarettes. These proposals antagonized welfare groups, who saw tax cuts as a threat to the health of the population. The ensuing debates and settlement shed new light on the liberal smoking policies of postwar West Germany.