Ireland: The Attack of the Celtic Tiger
Developing viable regions:
Ireland the attack of the Celtic Tiger
INDEX
1. Introduction......................................................................................................................... 3
2. Economic history ........ 4
2.1. Overview .. .. 4
2.2. Reasons for the Irish success story .... 6
2.2.1. The impact on production through FDI .. . 6
2.2.2. The impact of foreign owned companies .. .. 7
2.2.3. External trade ... 8
2.2.4. Tax-cut policies ' . 9
2.2.5. Changes in education ... 9
3. FDI from a Government perception .. 10
3.1. Policies attracting FDI ... ... . 8
3.1.1. Pricing Strategy .. . 11
3.1.2. Differentiation Strategy ... 12
4. FDI from a company perception 13
4.1. The theory behind: Why companies do FDI 13
4.2. Company background .. 15
4.2.1. IDA 's effect on the Microsoft 's Investments to Ireland .. 16
5. Conclusion ........................................................................................................ 17
6. Bibliography/Internet sources......................................... ... 19
1. Introduction
Ireland has faced extremely fast development in many industrial sectors during the last decades. This has not happened by accident and that is what made it for us an interesting case to study in more detail. The Irish government policy towards Foreign Direct Investments (FDI) has affected in large extend to Multinational Organizations ' investment decisions into Ireland. The FDI is one of the main focuses through the paper as we see that they have had a major impact on the development of Ireland during the 80 's and 90 's.
In this paper we will focus on three main areas.
Ireland the attack of the Celtic Tiger
INDEX
1. Introduction......................................................................................................................... 3
2. Economic history ........ 4
2.1. Overview .. .. 4
2.2. Reasons for the Irish success story .... 6
2.2.1. The impact on production through FDI .. . 6
2.2.2. The impact of foreign owned companies .. .. 7
2.2.3. External trade ... 8
2.2.4. Tax-cut policies ' . 9
2.2.5. Changes in education ... 9
3. FDI from a Government perception .. 10
3.1. Policies attracting FDI ... ... . 8
3.1.1. Pricing Strategy .. . 11
3.1.2. Differentiation Strategy ... 12
4. FDI from a company perception 13
4.1. The theory behind: Why companies do FDI 13
4.2. Company background .. 15
4.2.1. IDA 's effect on the Microsoft 's Investments to Ireland .. 16
5. Conclusion ........................................................................................................ 17
6. Bibliography/Internet sources......................................... ... 19
1. Introduction
Ireland has faced extremely fast development in many industrial sectors during the last decades. This has not happened by accident and that is what made it for us an interesting case to study in more detail. The Irish government policy towards Foreign Direct Investments (FDI) has affected in large extend to Multinational Organizations ' investment decisions into Ireland. The FDI is one of the main focuses through the paper as we see that they have had a major impact on the development of Ireland during the 80 's and 90 's.
In this paper we will focus on three main areas.
Bibliography: • McDonnell Kevin D.; "The economic transformation of Ireland-Underpinnings, Impact and Sustainability of the Rapid Economic Growth"; Norwegian School of Economics and Business Administration, 1998 • OECD; "Knowledge worth the investment", OECD 2003 (http://www.oecdwash.org/NEWS/LOCAL/oecdwash-jan2003.pdf) • Somers Michael J; "The Irish Economy", National Treasury Management Agency, 2000 (http://www.ntma.ie/Publications/Parismay00.pdf)