Ireland in 2004


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Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

Case Details:

Price:

Case Code : ECOA117 For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Rs. 25 for Shipping & Handling Charges

Themes

-
Case Length : 18 Pages
Period : 2004
Organization : -
Pub Date : 2004
Teaching Note : Not Available
Countries : Ireland
Industry : -

Abstract:

Ireland has emerged as one of the most globally competitive economies in the world. A combination of factors has turned the Irish economy into a 'Celtic Tiger'. These include tough cuts in government spending since the late 1980s, 'National wage partnership programmes' which fostered co- operative industrial relations, reduction in taxes, targeted Irish government programmes to attract foreign direct investment and financial support from the European Union. The return of the Fianna Fail (soldiers of destiny) and progressive democrats to the coalition government after the May 2002 parliamentary elections is seen by many as a vote of confidence in the centre-right policies of the previous administration.

Economic growth slowed in the first nine months of 2003, compared with 2002. Investment, exports and imports showed negative growth. The manufacturing sector was the hardest hit. But Irish equities rebounded strongly in 2003, in line with developments elsewhere in Europe and north America. A surge in revenue towards the end of 2003, combined with stricter expenditure control, has ensured that the budget almost balanced for the full year.

Contents:

  Page No.
Introduction 1
Background Note 2
Economic Policies 4
Industry 5
Foreign Trade 7
Foreign Investments 8
Labor Markets 9
Future Outlook 10
Exhibits 11

Keywords:

Irish economy, European Union, Celtic Tiger, Foreign direct investment, Ango-Irish treaty, European economic community, Labour reforms in Ireland, Fianna Fail, Progressive democrats, Irish government, Irish industry, Foreign trade in Ireland, Irish Chambers of Commerce, Foreign investments in Ireland, Software industry in Ireland.

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