List of tables; List of Figures; List of contributors; List of Abbreviations; Part I: The context of structural change 1. Introduction John H. Dunning and Allan Webster 2. UK manufacturing industry: structural change and competitiveness – a lesson for other countries? John Reynolds 3. Historical perspectives on structural change and economic decline Stephen Nicholas; Part II: Causes of change in the world economy 4. Competition, innovation, and industrial performance Kirsty S. Hughes 5. The role of services in global structural change H. Peter Gray 6. The growing internationalization of industry: a comparison of the changing structure of company activity in the major industrialized countries John Cantwell 7. Intra-industry foreign direct investment: a study of recent evidence Jeremy Clegg 8. Restructuring among the largest firms: changing geographical and industrial diversification, 1977-82 Robert D. Pearce; Part III: Policy and structural change 9. Japanese manufacturing investment and the restructuring of the United Kingdom economy John H. Dunning 10. Trade liberalization and specialization in manufactured goods Chris Milner 11. Voluntary export restraints and lobbying: another example of the non-equivalence of equivalent restrictions David Greenaway 12. Skills in international trade policy Allan Webster; Index