IDEAS home Printed from https://ideas.repec.org/a/sae/intare/v10y2007i1p131-150.html
   My bibliography  Save this article

An Analysis on the Inward FDI Policy of Ireland

Author

Listed:
  • Sang-Hyup Shin

Abstract

Through the 5 th and the 6 th enlargements, the EU became the largest single market in the world with the total population of 457 millions and the total GDP of €9755.4 billions as of January 1 2004. This means that the EU becomes one of the most attractive markets in the world. However there is another face of the EU market which we have to consider. The EU has strengthened the degree of its economic integration since 1957 and already reached to the stage of ‘full economic integration’ which is understood as the most protective measure for non-EU member countries To pioneer very attractive but very protective EU market, FDI is certainly one of the best available ways for non-EU member states. In particular, the EU market is very important for the countries which heavily rely on external economic relations. Korea is also a country heavily relying on external economic relations. Among the EU member countries, Ireland is one of the countries which draw the largest amount of FDI. In this study, I analyzed why Ireland has been able to draw such a huge amount of inward FDI. It was found that the main factors which Ireland used in order to draw the FDI were its very effective policies toward inward FDI and its inherited investment-related factors such as cheap, good quality and young labor forces.

Suggested Citation

  • Sang-Hyup Shin, 2007. "An Analysis on the Inward FDI Policy of Ireland," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 10(1), pages 131-150, March.
    • Handle: RePEc:sae:intare:v:10:y:2007:i:1:p:131-150
    DOI: 10.1177/223386590701000108
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/223386590701000108
    Download Restriction: no
    File URL: https://libkey.io/10.1177/223386590701000108?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Salvador Barrios & Sophia Dimelis & Helen Louri & Eric Strobl, 2004. "Efficiency spillovers from foreign direct investment in the EU periphery: A comparative study of Greece, Ireland, and Spain," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 140(4), pages 688-705, December.
    2. McCarthy, F. Desmond, 2001. "Social policy and macroeconomics : the Irish experience," Policy Research Working Paper Series 2736, The World Bank.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sodiq Arogundade & Mduduzi Biyase & Hinaunye Eita, 2021. "Foreign Direct Investment and Inclusive Human Development in Sub-Saharan African Countries:Does local Economic Conditions Matter?," Economic Development and Well-being Research Group Working Paper Series edwrg-01-2021, University of Johannesburg, College of Business and Economics, revised 2021.
    2. Andrés Barge‐Gil & Alberto López & Ramón Núñez‐Sánchez, 2020. "Technological spillovers from multinational firms," The World Economy, Wiley Blackwell, vol. 43(12), pages 3184-3202, December.
    3. Pablo Quinonez & Joselin Saenz & Jessica Solorzano, 2018. "Does foreign direct investment reduce poverty? The case of Latin America in the twenty-first century," Business and Economic Horizons (BEH), Prague Development Center, vol. 14(3), pages 488-500, June.
    4. Barrios, Salvador & Bertinelli, Luisito & Strobl, Eric, 2006. "Coagglomeration and spillovers," Regional Science and Urban Economics, Elsevier, vol. 36(4), pages 467-481, July.
    5. Di Ubaldo, Mattia & Lawless, Martina & Siedschlag, Iulia, 2018. "Productivity spillovers from multinational activity to indigenous firms in Ireland," Papers WP587, Economic and Social Research Institute (ESRI).
    6. Peter Rowland, 2006. "Foreign and Domestic Firms in Colombia:," Borradores de Economia 2740, Banco de la Republica.
    7. Stefan Lutz & Oleksandr Talavera, 2004. "Do Ukrainian Firms Benefit from FDI?," Economic Change and Restructuring, Springer, vol. 37(2), pages 77-98, June.
    8. Sánchez-Sellero, Pedro & Rosell-Martínez, Jorge & García-Vázquez, José Manuel, 2014. "Absorptive capacity from foreign direct investment in Spanish manufacturing firms," International Business Review, Elsevier, vol. 23(2), pages 429-439.
    9. Sun, Sizhong, 2009. "Impact of aggregation on measuring FDI spillovers: a Monte Carlo appraisal," MPRA Paper 15340, University Library of Munich, Germany.
    10. Neil Foster-McGregor, 2012. "Innovation and Technology Transfer across Countries," wiiw Research Reports 380, The Vienna Institute for International Economic Studies, wiiw.
    11. Vassilis MONASTIRIOTIS & Jacob A. JORDAAN, 2010. "Does FDI promote regional development? Evidence from local and regional productivity spillovers in Greece," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 1, pages 139-164, December.
    12. Roper, Stephen & Hewitt-Dundas, Nola, 2015. "Knowledge stocks, knowledge flows and innovation: Evidence from matched patents and innovation panel data," Research Policy, Elsevier, vol. 44(7), pages 1327-1340.
    13. Salvador Barrios & Juan Miguel Benito, 2010. "The Location Decisions of Multinationals and the Cultural Link: Evidence from Spanish Direct Investment Abroad," Economic Papers, The Economic Society of Australia, vol. 29(2), pages 181-196, June.
    14. Rosanna Pittiglio & Filippo Reganati & Edgardo Sica, 2015. "Do Multinational Enterprises Push up the Wages of Domestic Firms in the Italian Manufacturing Sector?," Manchester School, University of Manchester, vol. 83(3), pages 346-378, June.
    15. Ciriaci, Daria & Grassano, Nicola & Vezzani, Antonio, 2019. "Regulations and location choices of top R&D investors worldwide," Structural Change and Economic Dynamics, Elsevier, vol. 49(C), pages 29-42.
    16. Mühlen, Henning, 2013. "Firm-Level Productivity Spillovers from FDI in Latin American Countries," IEE Working Papers 196, Ruhr University Bochum, Institute of Development Research and Development Policy (IEE).
    17. Md Arif-Ur-Rahman & Kazuo Inaba, 2021. "Foreign direct investment and productivity spillovers: a firm-level analysis of Bangladesh in comparison with Vietnam," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 10(1), pages 1-23, December.
    18. Di Ubaldo, Mattia & Siedschlag, Iulia, 2022. "Could spillovers from multinationals affect the trade activities of local firms?," Economics Letters, Elsevier, vol. 221(C).
    19. Hartmann, Dominik & Zagato, Ligia & Gala, Paulo & Pinheiro, Flavio L., 2021. "Why did some countries catch-up, while others got stuck in the middle? Stages of productive sophistication and smart industrial policies," Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 1-13.
    20. Simona Rasciute & Sean Puckett & Eric J. Pentecost, 2015. "The Allocation Of Oecd Direct Investment Between Ceecs: A Discrete Choice Approach," Bulletin of Economic Research, Wiley Blackwell, vol. 67(S1), pages 26-39, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:intare:v:10:y:2007:i:1:p:131-150. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.hufs.ac.kr/user/hufsenglish/re_1.jsp .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.