ABSTRACT
Globalisation has challenged many economies, as the tyranny of distance has been eroded by inexpensive hydrocarbons and instantaneous communication. Coupled with the ever-present quest for profit, these drivers have encouraged identification of inexpensive materials and labour, thereby ‘pulling’ manu ‐ facturing offshore. In developed countries, these factors have generally led to a shift, often a decline, in local economic activity. This need not be the case.
