Includes bibliographical references and index.

Contents: The Context of structural change -- UK manufacturing industry: structural change and economic deline -- Causes of change in the world economy: Competition, innovation and industrial perfomance -- The Role of services in global structural change -- The Growing internationalization of industry: a comparison of the changing structure of company activity in the major industrialized countries -- Intra-industry foreign direct investment: a study of recent evidence -- Restructuring among the largest firms: changing geographical and industrial diversification -- Policy and structural change: Japanese manufacturing investment and the restructuring of the United Kingdom economy -- Trade liberalization and specialization in manufactured goods -- Voluntary export restraints and lobbying: another example of the non-equivalence of equivalent restrictions-- Skills in international trade policy.