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Changing Governance of Local EconomiesResponses of European Local Production Systems$
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Colin Crouch, Patrick Le Galès, Carlo Trigilia, and Helmut Voelzkow

Print publication date: 2004

Print ISBN-13: 9780199259403

Published to Oxford Scholarship Online: February 2006

DOI: 10.1093/0199259402.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 22 April 2021

Machine Tooling in the United Kingdom

Machine Tooling in the United Kingdom

(p.74) 5 Machine Tooling in the United Kingdom
Changing Governance of Local Economies

Colin Crouch (Contributor Webpage)

Joen Mahoney

Oxford University Press

This chapter examines the decline of the machine-tool industry in the UK. This decline is partially attributed to globalization and the British tradition of a low-cost strategy, short-term investment patterns, and general neglect of manufacturing. It argues that the institutions that can support industrial networks remain weak, despite evidence to the contrary.

Keywords:   UK, machine-tool industry, manufacturing, collective competition goods, sectoral analysis

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