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Inward Investment and Irish Exports over the Recession and Beyond
Author(s) -
Barry Frank,
Bergin Adele
Publication year - 2012
Publication title -
the world economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.594
H-Index - 68
eISSN - 1467-9701
pISSN - 0378-5920
DOI - 10.1111/j.1467-9701.2012.01484.x
Subject(s) - irish , foreign direct investment , economics , recession , inward investment , corporation , investment (military) , export performance , international economics , indigenous , international trade , economy , business , macroeconomics , finance , political science , ecology , philosophy , linguistics , politics , biology , law
With the collapse in domestic demand, the performance of Ireland’s export sectors will remain key to the stabilisation of the economy. The paper analyses the performance of Irish exports in internationally comparative terms and assesses the contributions of both foreign‐affiliate and indigenous firms across both manufacturing and services. Since almost 80 per cent of Irish exports are generated by foreign affiliates, medium‐term export prospects are highly dependent on trends and developments in global market conditions for foreign direct investment. The paper discusses the likely impact on the country’s medium‐term prospects of technological developments in key sectors and possible changes in the international regulatory and corporation tax landscapes.