Lost in translation? Local interests, global actors and inward investment regimes

Nicholas A. Phelps, Andrew Wood

Research output: Contribution to journalArticlepeer-review

48 Scopus citations


Global economic integration is often viewed as a process orchestrated from 'above' by constituents of an emergent transnational class. Yet such perspectives neglect the autonomous contributions made from 'below' by subnational political coalitions that mediate between global and local interests. In this article we consider the issue of political mobilization at the subnational scale around the material and discursive interests of mobile capital. We highlight the mechanisms that mediate the tension between global and local interests and examine how this tension is articulated at multiple scales. We draw on empirical work in the United States and United Kingdom to illustrate the complex translation between 'global' capital and 'local' political coalitions. We conclude by sketching out the implications of our discussion for research on the role of political coalitions in fostering modernization through inward investment and upon some of the attendant policy implications.

Original languageEnglish
Pages (from-to)493-515
Number of pages23
JournalJournal of Economic Geography
Issue number4
StatePublished - Aug 2006


  • Globalization
  • Inward investment
  • Political coalitions
  • Scale

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Economics and Econometrics


Dive into the research topics of 'Lost in translation? Local interests, global actors and inward investment regimes'. Together they form a unique fingerprint.

Cite this