Inward FDI in Ireland and its policy context, 2012

Journal of Security and Sustainability Issues, 2013

It is scientifically proved that foreign direct investments (FDI) are one of the life-forces for economic growth. Foreign investors use local labour, capital, and natural resources that are constantly running out and limited. However, global companies that translocate their production process often devastate the nature of the host country. Decline of natural resources and climate changes forces to think about how people could develop country's economy and social welfare, but at the same time save nature and its resources. Global companies are the main developers of economy and social welfare, but also, they are environment polluters. The value of sustainable development is quite obvious, but there is a lack of research about the relationship between FDI and sustainable development in the literature. The literature separately analyses the problem of sustainable development or FDI impact on economic development. Often, FDI is described by determining the effects, but it does not address the question of expedient foreign capital, which would provide the greatest benefit to the host country. The article analyses the influence of foreign direct investments (FDI) on sustainable development. It develops the concept of sustainable investment. It aims to find out whether the purposively formed foreign direct investment policy can ensure the sustainability of economic development. In this case, FDI can become an instrument for the implementation of sustainable development. This study is about Ireland case. The choice is not coincidental. Since this country applied FDI policy, it was able to transform the economy rapidly, and also it became one of the most developed countries in Europe. The authors of the research chose ten economic, social, and environmental factors that define sustainable growth. The analysis revealed the contact between the indicators of FDI and sustainable growth in different periods of the economic cycle.

2021

The mission of the Economic and Social Research Institute is to advance evidencebased policymaking that supports economic sustainability and social progress in Ireland. ESRI researchers apply the highest standards of academic excellence to challenges facing policymakers, focusing on 12 areas of critical importance to 21 st Century Ireland. The Institute was founded in 1960 by a group of senior civil servants led by Dr T.K. Whitaker, who identified the need for independent and in-depth research analysis to provide a robust evidence base for policymaking in Ireland. Since then, the Institute has remained committed to independent research and its work is free of any expressed ideology or political position. The Institute publishes all research reaching the appropriate academic standard, irrespective of its findings or who funds the research. The quality of its research output is guaranteed by a rigorous peer review process. ESRI researchers are experts in their fields and are committed to producing work that meets the highest academic standards and practices. The work of the Institute is disseminated widely in books, journal articles and reports. ESRI publications are available to download, free of charge, from its website. Additionally, ESRI staff communicate research findings at regular conferences and seminars. The ESRI is a company limited by guarantee, answerable to its members and governed by a Council, comprising 14 members who represent a cross-section of ESRI members from academia, civil services, state agencies, businesses and civil society. The Institute receives an annual grant-in-aid from the Department of Public Expenditure and Reform to support the scientific and public interest elements of the Institute's activities; the grant accounted for an average of 30 per cent of the Institute's income over the lifetime of the last Research Strategy. The remaining funding comes from research programmes supported by government departments and agencies, public bodies and competitive research programmes.

Progress in Planning, 1988

Progress in Planning 5.2. The Telesis 'Solution' 5.3. The Concept of Development Zone 5.4. 'Shannon-Plassey' as Exemplar Notes: Chapter 5 6. Conclusions 6.1. Foreign Investment and Ireland 6.2. The Irish Case and the Third World Notes: Chapter 6 Appendix 1. Products of Sample Firms Appendix 2. Occupancy in the Shannon Industrial Estate Bibliography I have accumulated a great many debts in the process of collecting the material on which this research is based. Brian Callahan and David Hogan at SFADCo provided me with extensive help before, during and after my field trip to the midwest region in June 1984. The IDA in Dublin and at Plassey also gave me much valuable information. At the Plassey Technological Park, Dr Edward Walsh of NIHE, Tom Carroll of the Innovation Centre, Michael Ryan, Manager of the Park, and Dr Joyce O'Connor (who arranged for me to use the facilities of the Social Research Centre) all gave generously of their time and expertise; as did John Doyle of the ITGWU and Gerry Ryan of ANCo, both located in the Shannon Industrial Zone. I was very fortunate in the level of cooperation extended to me by the thirty-six foreign-owned firms in my sample. In particular, I would like to thank Mr O'Driscoll of Wang Laboratories, Pat Lynch of Aughinish Alumina, Paul Murphey of GAC, and the Personnel and Development Managers at Inland Motors (Kollmorgan), for taking so much trouble to ensure that I retained as few misconceptions as possible about the role of foreign investment in Ireland. Diane Perrons of the City of London Polytechnic gave me many useful suggestions at an early stage, and John Wight kindly sent me a copy of a paper which proved very helpful for me. Not only does the usual disclaimer apply, but I suspect that some of the aforementioned might actively disagree with much of what I have to say. I only hope that they also find it interesting. As always the staff at the British Library of Political and Economic Science (LSE) have been most helpful, and in particular I should like to thank Donald Ross. I am, finally, very grateful to my secretary, Mrs Yvonne Brown, for typing and retyping with such good grace, and to the Social Research Division at the LSE who funded my trip to Ireland.

1972

The role of foreign capital in activating and sustaining Ireland's postWar economic growth is a subject of compelling interest. The capital inflow has taken many forms: Marshall Aid, foreign subscriptions to Irish bonds, loan flotations by state-sponsored enterprises, takeovers of Irish companies or direct investment in new enterprises etc. As in most capital-receiving countries, popular attention in this country has focussed mainly on direct investment inflows, since these, by definition, involve a degree of control by non-nationals over part of the nation's resources. Despite their manifest relevance to our economic well-being, the implications of Ireland's capital inflow are only now beginning to receive systematic attention. , The aims of this paper are twofold: jirst to examine the constituents of the capital inflow, paying particular regard to the experience of the last decade and, secondly, to analyse the composition, origin and principal features of direct invest...

This paper presents findings from an analysis of the location-specific foreign direct investment (FDI) factors that attract Japanese multinational companies (MNCs) to Ireland. Data was collected from 11 Japanese MNCs and 2 support agencies using a structured Kano model in order to differentiate levels of satisfaction with, and relative importance of, 23 FDI attributes generated from the literature. Our findings reveal that Ireland's low corporate tax rate is the most important determinant for Japanese MNCs to invest in Ireland followed closely by the presence of a skilled workforce. While government's role in maintaining stability and the ability to access to large regional markets were found to be imperative, we learned that the nature of the domestic market was not important at all to Japanese investors. We also found that interconnected clusters of FDI factors are influential to Japanese investors when investing in Ireland thus providing a new lens to policymakers. Keywords Foreign direct investment (FDI), determinants, best practice, Kano model 2 Synthesis of the Literature Although there is some consensus among scholars on the role of FDI in fostering economic growth there has however been limited consensus on FDI determinants [Eicher, et al. 2011]. While locational determinants of FDI are clearly driven by policy, economic and business facilitation factors the actual determinants depend greatly on the context and motives of the MNC. Dunning [1995] highlights that the factors of FDI are complex and there is no single explanation for all FDI determinants. Table 1 synthesises the broad categories, factors and associated literature relating to FDI best practice and determinants.

Two routes by which foreign multinational enterprises (MNEs) may transfer technology - direct R&D undertaken in Ireland or through the transfer of the fruits of R&D work undertaken by the parent firm - are examined. Direct R&D undertaken by MNEs in Ireland now accounts for two-thirds of all R&D in Ireland but does not appear to differ significantly, in terms of application or orientation, from the R&D work undertaken by Irish-owned industry. Using US tax rules on the allocation of parent firm R&D expenditures between the parent firm and the host firm, technology transfer from US parent firms is estimated. It is found that incorporating technology transfer from parent firms doubles the level of R&D expenditure attributable to US firms for use in Ireland.

2010

Join the Shortest Queue (JSQ) is a popular routing policy for server farms. However, until now all analysis of JSQ has been limited to First-Come-First-Serve (FCFS) server farms, whereas it is known that web server farms are better modeled as Processor Sharing (PS) server farms. We provide the first approximate analysis of JSQ in the PS server farm model for general job size distributions, obtaining the distribution of queue length. Our work introduces several new analytical ideas, such as the exact modeling of each queue in the server farm as an independent one-dimensional Markov chain. We also explore some interesting insensitivity properties for PS server farms with JSQ routing, and discuss the near-optimality of JSQ.

). Of all foreign affiliates located in the EU-27 in 2010, 15% were in the United Kingdom (more than 45,000 affiliates). These foreign affiliates employed over 3.7 million workers, representing 13% of the employed UK labor force. IFDI stock represented an impressive 48% of the United Kingdom's GDP in 2009, as well as in 2010, when it reached US$ 1.1 trillion, the second largest globally after that of the United States. IFDI flows, which declined considerably in 2008 as well as 2009 and 2010, amounted to US$ 51 billion in 2010 and were just over 20% of gross fixed capital formation. According to UNCTAD data, in 2011, IFDI stock in the United Kingdom rose to US$ 1.2 trillion and IFDI flows, to US$ 54 billion. The recent global financial and economic crisis has had a significant negative impact on the investment of foreign multinational enterprises (MNEs) and has interrupted the upward trend in UK IFDI seen till then. However, it is hoped that the continued strength and the location of the UK economy, together with coordinated policy measures by the Government, will lead to a renewed surge in IFDI.

2016

Following the financial and economic collapse of 2008, the Irish economy was able to recover due to a number of factors, including the country’s strong export platform and crucially a strong foreign direct investment (FDI) sector. In an Irish context, FDI creates jobs, generates wealth and insulates the country from fluctuating domestic demand. No sector comprising Irish inward investment has been more central than the technology sector, which primarily originates in the United States. If Ireland can continue to attract and secure this investment, the economy can continue to grow and create secure, high-quality employment. Attracting FDI is a challenging and complex task for any government or state agency. A myriad of factors guide international firms before they decide where to invest. If countries can understand these factors and create an environment where companies want to invest, there will be an increased likelihood of FDI. This research explores the FDI sector in Ireland for ...

2002