This collection of papers arises from two international conferences on inward investment and regional development, and the role of accumulated capital in regional business development. The papers cover a wide spectrum of development and finance issues with the common theme that capital flows can have a substantial impact on regional development.
STEPHEN HILL is Director of the Welsh Economy Research Unit at Cardiff Business School. He is editor of the Welsh Economic Review and has published widely on inward investment and regional development.
BRIAN MORGAN is currently Director of the Small Firms Research Unit at Cardiff Business School. He was previously Chief Economist at the Welsh Development Agency.