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Foreign Direct Investment in Ireland: Policy Implications for Emerging Economies

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  • Peter J. Buckley
  • Frances Ruane

Abstract

Ireland's success in attracting foreign direct investment (FDI) provides guidance for emerging economies. The key to Ireland's success is its consistency of policy towards FDI. Ireland's success suggests that emerging countries should be proactive in seeking FDI, offer a package of incentives that is enterprise-centred yet is sufficiently selective to build self-sustaining clusters. Policy consistency is important to inward investors and this can be traded off against selectivity and monitoring of performance. Copyright 2006 The Authors Journal compilation 2006 Blackwell Publishing Ltd.

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Bibliographic Info

Article provided by Wiley Blackwell in its journal World Economy.

Volume (Year): 29 (2006)
Issue (Month): 11 (November)
Pages: 1611-1628

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Handle: RePEc:bla:worlde:v:29:y:2006:i:11:p:1611-1628

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Cited by:
  1. David Bailey & Helena Lenihan & Ajit Singh, 2009. "Lessons for African Economies from Irish and East Asian Industrial Policy," Journal of Industry, Competition and Trade, Springer, Springer, vol. 9(4), pages 357-382, December.
  2. World Bank, 2009. "Macedonia - Moving to Faster and More Inclusive Growth A Country Economic Memorandum : Main Report and Annex," World Bank Other Operational Studies 3067, The World Bank.
  3. Eoin O'Malley, 2012. "A Survey of Explanations for the Celtic Tiger Boom," The Institute for International Integration Studies Discussion Paper Series, IIIS iiisdp417, IIIS.
  4. Teague, Paul, . "Committing to Economic Openness and Building Domestic Institutional Capabilities Keywords: Ireland, economic growth, economic development, inward investment, economic systems Creation-Date: 2009," Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  5. Bose, Pinaki & Jetter, Michael, 2012. "Liberalization and tax amnesty in a developing economy," Economic Modelling, Elsevier, Elsevier, vol. 29(3), pages 761-765.
  6. David Bailey & Helena Lenihan & Ajit Singh, 2008. "Tiger, Tiger, Burning Bright? Industrial Policy Lessons from Ireland and East Asia for Small African Economies," ESRC Centre for Business Research - Working Papers, ESRC Centre for Business Research wp374, ESRC Centre for Business Research.
  7. Crafts, Nicholas, 2008. "The Celtic Tiger In Historical And International Perspective," The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics 867, University of Warwick, Department of Economics.
  8. Liu, Bih Jane, 2011. "MNEs and Local Linkages: Evidence from Taiwanese Affiliates," World Development, Elsevier, Elsevier, vol. 39(4), pages 633-647, April.
  9. Nicholas Crafts, 2014. "Ireland’s Medium-Term Growth Prospects: a Phoenix Rising?," The Economic and Social Review, Economic and Social Studies, Economic and Social Studies, vol. 45(1), pages 87-112.

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