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Foreign Direct Investment in Ireland: Policy Implications for Emerging Economies

In: Foreign Direct Investment, China and the World Economy

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  • Peter J. Buckley

    (University of Leeds (CIBUL))

  • Frances Ruane

    (Economic and Social Research Institute)

Abstract

The increasingly important role of multinational enterprises (MNEs) in the global economy is linked to questions of how the foreign direct investment (FDI) they control impacts on overall economic activity in the recipient countries. Of specific interest is the policy context in which such FDI flows into the developing country and how a government can influence the impact of those flows. This paper reviews some of the literature in two key contextual areas, namely, when the host country policy regime promotes FDI selectively, and secondly, where it promotes the creation of industrial clusters. It explores the insights of this literature for the development of the strong MNE sector in the Irish economy and draws lessons from the Irish experience for emerging economies.

Suggested Citation

  • Peter J. Buckley & Frances Ruane, 2010. "Foreign Direct Investment in Ireland: Policy Implications for Emerging Economies," Palgrave Macmillan Books, in: Foreign Direct Investment, China and the World Economy, chapter 16, pages 365-385, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-24832-8_16
    DOI: 10.1057/9780230248328_16
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    References listed on IDEAS

    as
    1. V.N. Balasubramanyam, 2008. "Foreign Direct Investment," Chapters, in: Amitava Krishna Dutt & Jaime Ros (ed.), International Handbook of Development Economics, Volumes 1 & 2, volume 0, chapter 39, Edward Elgar Publishing.
    2. Bhagwati, Jagdish, 1993. "India in Transition: Freeing the Economy," OUP Catalogue, Oxford University Press, number 9780198288473, Decembrie.
    3. BARRIOS, Salvador & BERTINELLI, Luisito & STROBL, Eric, 2003. "Multinationals and local indigenous development," LIDAM Discussion Papers CORE 2003005, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    4. Swann, G. M. Peter & Prevezer, Martha & Stout, David (ed.), 1998. "The Dynamics of Industrial Clustering: International Comparisons in Computing and Biotechnology," OUP Catalogue, Oxford University Press, number 9780198289593, Decembrie.
    5. Yingqi A. Wei & V. N. Balasubramanyam (ed.), 2004. "Foreign Direct Investment," Books, Edward Elgar Publishing, number 3169.
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